5 Reasons Why You Need to Digitize Your Manufacturing Process Using AI
5 Reasons Why You Need to Digitize Your Manufacturing Process Using AI
Using new technologies and getting the most out of them to make your daily tasks more accessible and productive is a natural part of personal and professional life.
For example, it is expected that by the end of 2022, more than half of manufacturers will put money into "AI in manufacturing" to improve their business.
Even if you like old things, your competitors and employees might not. Read on to learn more about digital transformation, its benefits, and the tech trends worth investing in right now.
In this article, we look at the following;
How is AI used in manufacturing?
How does artificial intelligence help so many businesses?
How can you digitize your business too?
Why is AI Important in Manufacturing?
Every manufacturer looks for fresh and original ways to cut costs and boost revenues, lessen the likelihood of undesirable outcomes, and improve the overall effectiveness of their production processes.
Implementing new technologies, particularly those based on artificial intelligence (AI), is essential to bringing about all the breakthroughs.
Let's examine why artificial intelligence plays a crucial role in manufacturing.
1- AI Brings Down Labor Costs
Regarding labor costs, production automation also creates cost reduction chances. AI-powered solutions can do many manufacturing duties, removing the need for human workers to complete menial chores.
As AI technologies do more and more job responsibilities, your employees can be trained for higher occupations in design, maintenance, and development. Furthermore, it is predicted that collaboration between humans and machines will increase productivity in labor-intensive areas by 20%.
Long-term labor cost savings come from investing in AI, allowing your staff to gain new skills for your business. This is one of the most vital benefits of AI in manufacturing.
Also, AI makes analyzing the data and creating a faster and more efficient operation strategy possible. Therefore, you need less labour force.
For example, when you employ AI data analysis systems, you do not need to gather a crowded data analysis team. AI is already a reliable partner when it comes to analyzing data. Instead, you can direct your labor force to the product development team, and AI helps you to save both time and labor costs.
2- AI Brings Expenses Down
By utilizing AI technology, businesses can enhance their analytical capabilities, use capital more efficiently, provide more accurate estimates, and spend less on inventory.
Businesses might switch to preventive maintenance. This entails evaluating the manufacturing process using AI to spot problems before they arise. For instance, AI-powered intelligent vision systems can identify faulty or misaligned components to notify producers of potential issues.
Thanks to AI in manufacturing, predictive maintenance assists business owners in reducing operational expenses and any other costs of manufacturing.
3- AI Enhances Manufacturing Performance
Every second that can be saved via the automation and optimization of production processes is valuable. There are always opportunities to automate and improve your manufacturing performance.
Through the use of intelligent AI-based solutions, manufacturers are able to capture huge volumes of workflow and make the transition to real-time analytics.
This enables businesses to obtain insights more quickly and make data-driven decisions about their operations in real time, allowing them to do things like fix production bottlenecks, check scrap rates, and meet customer delivery deadlines, among other things.
In addition, AI software contributes to all developments in the manufacturing process, helping to improve product service and quality.
4- AI Reduces Manufacturing Errors
There are a lot of assembly facilities that don't have the processes or the technology that's required to find errors all along the production process. Those that may already exist are typically relatively straightforward, necessitating the involvement of highly skilled engineers in developing intricate procedures that must be maintained by hand.
An artificial intelligence-based system that is able to learn from enormous amounts of data can help manufacturers save thousands of hours and significantly cut the number of errors they make.
AI models can identify problems and drastically minimize the number of errors or defects as a result of their ability to learn from past production cycles. This eliminates the need for human intervention.
The artificial intelligence used in the manufacturing process detects possible mistakes that can be made or made at every point from the programming to the production line at the beginning of the production stage and helps you manufacture with the slightest margin of error.
(check our blog: Defect Detection)
5- AI Improves Customer Experience
AI-Based digitized workflows make it possible for manufacturers to provide better service to their clients. With the help of the tools available today, manufacturers can provide superior service to clients throughout their whole customer journey by proceeding with up-to-date information, thanks to the digitization of operations.
For instance, customer support employees can deliver helpful information regarding customer order inquiries. AI makes it possible to retrieve essential information quickly, considerably improving customer care's effectiveness.
Why Should You Digitize Your Business?
Artificial intelligence has the ability to learn and adapt to your manufacturing floor, allowing it to make smarter decisions that are more informed about predicted customer behavior, production anomalies, and other issues.
Here are some of the reasons why you should digitize your business:
Global Transformation in Manufacturing After the Pandemic
During COVID-19, nearly half of organizations plan to use AI more. This is despite steep drops in a wide range of industries. AI is being used by businesses to speed up remote operations, improve the experience for users and customers, and reduce costs.
This is because AI has made it less essential to have people work in person by automating processes and making changes.
During the pandemic, contactless processes were critical. This is a crucial benefit of AI that hasn't gone unnoticed.
Increasing AI Trends in Manufacturing.
Artificial intelligence (AI) is gaining popularity in the manufacturing industry; currently, more than half of the firms have used AI solutions.
If you don't want to fall behind your manufacturing industry rivals, you should start thinking about incorporating AI into your processes as soon as possible.
What Size Should Manufacturers Use AI?
Any company, no matter how big or small can use the power of AI.
AI is being used in big, medium-sized, and small businesses.
Large companies can use AI on a large scale and start seeing results immediately. Data is quite important for AI, and big businesses have a lot of it. They give the AI model data to train it, and they quickly get insights from the AI.
The people in charge of making decisions in small and medium-sized businesses don't know much about how to use AI in their day-to-day work. They don't need to research because they think AI technologies are too expensive.
AI solutions initially cost money, but the return on investment makes it worth it. It's easy to update and maintain, and you don't need a team of engineers and developers to set it up or change it. But that's not the case.
Companies have to put money into AI solutions upfront, but the benefits are worth the cost. It's easy to update and maintain, and you don't need a team of engineers and developers to set it up or change it. So, they can use AI solutions to keep up with big companies and compete on the same terms.
Are you ready to digitize your business? Here is a digital transformation partner: Cameralyze.
Whether you are a small business or a big company, Cameralyze has different plans for all organization sizes.
So, what are some use cases of AI in manufacturing? Let's discover:
Some AI Use Cases in Manufacturing
AI for Manufacturing Maintenance Check
If a key piece of equipment breaks, the whole system of making things can move much more slowly. This doesn't have to happen, though, and this won't happen if production companies stick to a specific preventive and predictive maintenance program.
Thanks to AI and Machine Learning algorithms, manufacturers can use a wide range of machine data sources, such as past problems or data on how long a part lasts, to predict malfunctions. Then, predictive maintenance can find problems before they happen and make sure that the production process runs smoothly.
For example, by employing computer vision-based object detection technologies, you can find unwanted objects in your manufacturing area. Thus, AI provides the opportunity for early intervention.
AI for Manufacturing Quality Inspection
Quality assurance is the process of ensuring that a service or product stays at a certain level of quality and standard.
Computer Vision technologies can find deviations from what was expected because most mistakes are easy to spot. When the result isn't as good as planned, AI systems send a warning to users, giving them a chance to react and make changes.
The auto industry is an excellent example of how AI is used in manufacturing. Visual quality inspection uses real-time analysis of photos to help manufacturers meet strict government standards.
AI to improve inventory management
Using computer vision to manage stock AI is, as expected, a lot easier than doing stock checks by hand. AI-powered tools can find empty spots on shelves, notice when an item is running low, find lost items, and let workers know immediately.
Goods are tracked as they move through the manufacturing process by cameras in warehouses. It's a simple way to keep track of your inventory and always know what you have and what you don't.
Besides, camera vision AI can also look at trends in inventory. This lets your company figure out how quickly things are used in manufacturing. This useful information allows people to make intelligent choices about how often to restock warehouses and on which items to focus.
AI for supply chain and logistics management
AI-based image processing has an influence on how things are managed and moved, and it may be used to automate logistical processes.
Manufacturers can use machine learning algorithms to determine the best supply chain procedure for each product. This can assist in addressing issues like:
How many items should I order for the upcoming batch?
What is the most effective distribution method for a specific product?
Your operations may be maintained as structured and streamlined by using the data you generate using AI-based technology.
As an illustration, you might handle returned goods and the reasons behind them using AI. You can utilize images of incoming returns to determine the reason they are being returned, such as faulty items or damaged goods, by using a model similar to the one described for recognizing reimbursements or insurance claims.
Want to Start Your Digital Transformation Journey?
Manufacturers have access to a lot of data but frequently underutilize it. They pass up chances to enhance procedures and change them to meet the shifting needs of customers and suppliers.
In the end, some businesses are just unable to stay up. Stay competitive with Cameralyze's computer vision solutions for your manufacturing organization.
You can try different plans of Cameralyze solutions according to your needs to put crucial information at your employees' fingertips. So they can collaborate and exchange the power of AI in real-time. This lets you increase the effectiveness of your manufacturing operations.
Find the best Cameralyze plan for you and discover the easy part of running your business by digitizing it; you also get %30 off for an annual subscription!