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AI Can Revolutionize Manufacturing Efficiency

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#ai

#efficiency

Dynamics 365 ERP - Development

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Oct 24, 2024

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AI Summary

  • Adapting new technologies to manufacturing applications, particularly AI, is challenging without an easy button.
  • Manufacturers are finding new AI use cases to improve efficiency, customer service, and reduce costs.
  • In finance organizations in manufacturing using generative AI, 71% use it for process automation and 53% for financial forecasting.
  • Manufacturers need to understand AI benefits, adopt a sound approach, and govern AI tools responsibly.
  • Real-life AI use cases include decision support, customer experience, and knowledge management applications.
  • Starting the AI journey involves formulating an AI vision, recruiting a cross-functional team, and conducting a pilot.
  • Teams should prioritize AI ideas based on complexity, feasibility, and potential value.
  • It's crucial to evaluate the process and product post-pilot, refine methods, and consider sustainability for future AI projects.

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