IMPACT OF AI ON THE MANUFACTURING INDUSTRY:

Nowadays 60% of manufacturing companies are using AI tools to optimize their production
and delivery.
QUALITY CHECKS: One of the major issues in manufacturing is that there are many flaws in
the machines that are easily overlooked which can in the future lead to huge losses for the
manufacturer. Thus AI can be used to detect even minor flaws at a very early stage. It can
also be used for controlling the quality of the product made. Monitoring the productivity is
one of the most important aspects of manufacturing, it helps a lot in cost optimization and
helps increase margins.
AI can also predict the maximum load a machine can take before failure this again can
reduce the chances of overloading the machines which reduces the possibility of machinery
getting spoilt. Another corresponding task that Ai can do is predict when the equipment
needs maintenance and servicing.
DIGITAL TWINS: They are virtual 3-D representations of physical things just like holograms.
But unlike holograms we can control/edit/model it according to our use. One of the main
advantages of Digital twins are that it increases the visualisation power. It also helps in
designing the product faster and more efficiently with reduced risks of human error.
Integrating AI with digital twins can greatly enhance the productivity and design of the
products. It will also make it very easy to design and come up with effective management
methods.
AI powered robots and machines improve efficiency and work time to a large extent. The
monotonous tasks in manufacturing that are done by humans can easily be taken over by
these robots.
INVENTORY MANAGEMENT: AI powered cameras would be able to analyse reserve stock
and remaining raw materials just by images/videos of shelves. This helps in predicting when
the inventory is projected to get over and how much final product can be produced. This can
help in predictive management of inventory. Also it reduces the need for manual
management.

SUPPLY CHAIN MANAGEMENT: Since AI is able to predict the production rate and inventory
of the manufactures it can make the supply chain very efficient. It can effectively analyse the
demand of products in the market and then consequently increase or decrease the
production rate. It can also detect or determine the inventory requirements of the
manufacturer by predicting the future requirements. Ai can also help logistics by analysing
the most cost and time effective routes by analysing the weather, traffic patterns in
transporting goods. Transport can also be made cheaper and faster with AI driven cars and
machinery to load and unload the trucks. This eliminates the need for humans.

DRAWBACKS OF AI:
Job displacement: Since Ai can take over monotonous jobs with less skill requirement and
perform them with way more efficiency and precision they are likely to take away the jobs
of the less skilled workers.
Skill Gap: With increasing Ai tools people with specific skills are required to operate these
tools. This increases the requirement of new skills.
Security issues: Since Ai analyses a large amount of data some of which can be very
sensitive, it is very essential that the security of this data is ensured. This also makes the
machines vulnerable to cyber-attacks, technical failures and other kind of disruptions.
In conclusion AI is really going to change the manufacturing technology, while it is going to
make tasks easier by automating them the less skilled or wrongly skilled workers are really
going to have to adapt to the upcoming technology.

PHARMA INDUSTRY:

One of the main challenges in the Pharma industry is the process of drug discovery and how
tie consuming it is. Ai can be specifically be trained to formulate and test drugs by analysis of
various molecules vastly reducing the time in making new drugs. Once a drug is developed
there is a testing period in which the effectiveness of the drug is determined. This process can
easily be optimised using advanced AI tools. The testing of theses drugs can be done on
virtual humans to analyse the effects as well as side effects.

Ai can to some extent also diagnose diseases by understanding symptoms and recommending
medicines based on algorithms. These algorithms can be made more precise by continuous
learning and various memory and feedback functions. This type of an AI could also
personalize drug doses and recommend drugs based on the medical history of the patient to
avoid unwanted reactions due to the medicines.

AUTOMOBILE INDUSTRY:

Once Ai is integrated cars there are endless possibilities to travel automation. Self-driven cars
that can analyse routes, find any abnormalities in the traffic pattern and can find the most
time efficient routes to reach the destination are really going to change the future of
travelling. These AI driven cars could even communicate with each other preventing
accidents. Also the Ai can be trained to completely follow the traffic rules thus preventing
over speeding and other hazardous activities.

AI driven maintenance tools can inspect car parts for defects and can be used to easily detect
problems in vehicles way before it causes a huge impact and provide accurate solutions on
how to fix them. This reduces the time in vehicle repairing and also helps in forecasting when
the vehicle will need servicing.
FMCG Market:

AI algorithms can possibly predict the amount of inventory that a dealer should keep at a
particular time of the year – can also take into account seasonal instability. This can also
benefit the manufacturer by knowing how much quantity he should produce and what will be
the right time to start and stop production. This can help a lot in inventory management
especially to products with less shelf life.
Product customization and price customization: Algorithms can analyze feedback, reviews
and market trends to determine what changes in the product could be useful, it can also
customize product with respect to different markets and their different trends. Another very
interesting thing a company can do is price customization. Algorithms can analyze customer
spending patterns and determine when a customer is willing to pay high prices for a product
and continuously change the price accordingly. For eg: In the summer season a beverage
company could increase their prices since the customers are willing to pay the price or could
also in some cases reduce the price to beat the other competition in the market.

AIRLINE AND AIRPORT INDUSTRY:

Airports can have Ai driven chat bots installed everywhere to that passengers can know real
time updates of the flight timings and also know directions on how to go specific boarding
gates based on their locations. AI driven GPS trackers can be put on luggages which can help
people get real time updates on where their luggage is and how much time will it take for it to
reach them.
Ai driven cameras with detection systems can be used for security checks. This will fasten the
time in which bags are checked and also reduce errors or laziness. Ai can also reduce the load
on air traffic controllers, by analyzing the airspace an air traffic. We can already see
automation using facial detection at the airports especially due to the digiyatra. Using facial
recognition passengers can easily check in without the requirement to stand in lines.

HOTEL AND SERVICE INDUSTRY:

The main aim for any hotel chain is providing exceptional service experience for customers.
Hotels could install AI driven Voice boxes in rooms with which guests can communicate. For
eg: rather than calling the restaurants for placing an order, they can directly place the order to
the AI box which can then place the order directly. Similarly voice command controls can be
installed in the rooms to enhance the customer experience. Hotels can also provide predictive
services to their customers based on their history like providing transportation services,
restaurant services etc. Hotels could also provide virtual tours of their property to guests
which can help them in making a decision. Booking websites can analyze customer patterns
and suggest hotels accordingly and this also helps hotel companies to analyze their target
customers and improve themselves according to their needs. This can help in customer
engagement.

HOSPITAL:

Ai can be used to make personalized diet plans for patients based in the nutrition requirement
and also taking into consideration allergies, likes/dislikes and the preferences of patients.
Rather than filling long forms hospitals can automate this process. For example a platform
can be created where all the personal details and medical history is stored. So simply by
installing facial recognition software / QR codes all the data can be transferred to the
hospitals database. This reduces the hassle of filling forms and long queues.