How AI Can Bring Spectacular Benefits for Your Manufacturing Business
The South African manufacturing industry faces massive challenges. According to BusinessTech, some of these challenges include the inability to maintain proﬁtability or to navigate uncertain economic conditions. The COVID-19 pandemic has also disrupted manufacturing in South Africa.
Despite the challenges that you may face in your manufacturing business, AI can turn the tables around. Let’s take a look at how AI can streamline your manufacturing business operations.
“92% of manufacturing executives say that AI will increase their productivity levels and empower their staff to work smarter.” — The Manufacturer
How AI Can Improve Your Manufacturing Business
1. Handling Big Data
Due to the complexity of big data, human workers find it rather challenging to extract insights from large chunks of data. AI brings fast decision-making techniques that help humans manage big data with ease. This also helps in all phases of the big data cycle such as the aggregation and storage of diverse data types from various sources. Handling big data with AI can effectively improve performance across the entire manufacturing process.
2. Automation and Constant Production
Human beings need to work shifts and need to take breaks. For repetitive processes, AI can help automate your tasks. AI robots can work non-stop on the production line and speed up most routine processes. This can improve accuracy to an enormous extent. Human beings won’t be made redundant, but they’ll be responsible for other core business needs that make your business profitable.
3. Improved Workplace Safety
Human beings are prone to making mistakes – especially if they are exhausted or distracted. This can limit their ability to spot defects and errors. This can put both your workers and your manufacturing business at risk. AI and robotic assistance can help eradicate this. Advanced sensory equipment – powered by AI technology – can create a safe working environment for workers. It can alert them when they handle potentially dangerous equipment carelessly or when they engage in unsafe practices at work.
4.Personalization and Customer-Centricity
Modern consumers demand unique, personalized products. In addition to this, they expect the best value from businesses. AI and advanced analytics allow you to collect vast amounts of data that you can use to gain insights into consumer behavior. This can help you predict trends and recognize patterns that can make your business thrive.
5. Predictive Maintenance
Under normal circumstances, you’d conduct maintenance when a problem occurs. The reason would be so that you could avoid the high cost of taking equipment offline to manually check it for potential problems. This might end up costing you a lot of time and money. Through predictive maintenance, AI helps identify the ideal time to conduct maintenance. This frees you from the costly and stressful speculations you’d have to make when your equipment underperforms.
Emerging technologies like AI can help turn the South African manufacturing industry around. This can bring tremendous results to your manufacturing business.
Due to the affordability of AI, you should act quickly to adopt this technology. This will make your business profitable and competitive. Contact Winjit to find out how you can revamp your manufacturing business with AI.