How AI can solve manufacturing’s waste problem
· Industrial waste generation is almost 18 times greater than municipal solid waste and makes up at least 50% of the waste generated globally.
· Inefficiencies in manufacturing and supply chain management result in a 20% loss of every dollar spent. It is one of the most preventable sources of manufacturing waste through the use of AI.
· Adoption of AI can improve the overall efficiency of the company through intelligent planning and management of the entire value chain which then reflects in the financial performance of the company, besides reducing waste.
Access article: World Economic Forum