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AIT Executive Summit Invitation 2019-04-30
AIT Executive Summit Invitation 2019-04-30
AI T
Artificial Intelligence … Real Results
This summit is an executive-level forum for learning about the
application of Artificial Intelligence to Manufacturing and the
resulting breakthroughs in cost, delivery time, and revenue. The
duration is three hours. Executives who have more time may wish
to remain and discuss “Deep Dive” implementation issues with
a CEO who is deploying AI in a Manufacturing company. Time is
built into our agenda to allow for open Q&A and discussion.
Today AI is a powerful diagnostic tool for discovering previously hidden patterns in Big Data and for
eliminating wastes (inventory, scrap, rework, set-up) that increase process lead time. This was not
possible with LSS alone. However, when combined effectively in addition to foundational LSS tools and
methods, AI can be deployed to create competitive advantage and to achieve results like the following:
• Cycle time reduced by >30%,
• EBITDA and/or operating profits improved to >25% of sales
• Production capacity increased by >20% with no increase in manpower or capital equipment
• On-time delivery-to-promise date to >95% with no increase in inventory
Former Intel CEO Brian Krzanich (Oct 2017) offers “almost every company you can think of, every
application, it’s going to be affected by Artificial Intelligence … you are going to be using Artificial
Intelligence (AI), or you’re going to be outpaced by people who are.”
Dr. Kai-Fu Lee, acclaimed AI expert and author of 2018 book “AI Superpowers:
China, Silicon Valley, and the New World Order” offers the following:
“I believe that China will soon match or overtake the Unites States in developing and deploying
Artificial Intelligence. In my view, that lead in AI deployment will translate into productivity gains on a
scale not seen since the Industrial Revolution.”
“AI-driven factories will under-cut the one economic advantage developing countries historically
possessed: cheap labor.”
“The Age of Discovery in AI is over, and has been replaced by the Age of Implementation.”
Unlocking Your Organization’s Full Potential with a Combined AI + LSS Approach
Scrap, rework, and setup time waste … these challenges and related wastes are combated daily across
a wide range of industry settings (manufacturing, supply chain, maintenance and logistics). These
wastes are virtually impossible to overcome with LSS tools in non-repetitive (low volume, high mix)
environments, including the on-time delivery of spare parts no longer in production.
Mike George will share a “nuts and bolts” example of his application of AI in a manufacturing company
which serves as an easy to understand entrée into AI. Participants will learn how his business used AI to
discover previously untapped opportunity and to realize unprecedented performance. These results are
highly transferable and can be achieved in your business too:
• On-time delivery improved from 52% to >95%
• Scrap reduced from 8% to 3%
• Overall costs reduced by 23%
• Operating profits improved from -3% to >20% in less than 18 months
AGENDA
Artificial Intelligence, the Overwhelming competitive Advantage
7:30 — 8:00 am Continental Breakfast and Networking
8:00 — 8:30 am Welcome and Introductions
8:30 — 9:45 am Huge AI reductions in cost and cycle time: Mike George, CEO of AIT
9:45 — 10:00 am Break
10:00 — 10:45 am AI Case Study: Bill Anderson, CEO, Kessington Aerospace
10:45 — 11:30 am Q&A Discussion, Next Steps, and Wrap-Up
11:30 am — 1:00 pm Lunch (allows for checkout of guest room)
Michael L. George, Jr. President of AI Technologies, Inc. Prior to that he was President of
Blackland Group, LLC and Vice President of George Group Federal Services. Mr. George earned a
B.A. in Physics and a Master in Business Administration from Southern Methodist University.
www.ai-lss.com
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