Artificial intelligence in managing manufacturing companies: Enhancing efficiency and increasing competitiveness

Artificial Intelligence (AI) plays a crucial role in enhancing the efficiency of manufacturing companies and increasing their competitiveness through data analysis and learning from it. It can be used in various areas, from planning and production to maintenance and inventory management. AI improves production planning by analyzing historical data and current information. It can also be utilized in machine learning technology, where trained algorithms are used on sets of data to create self-learning models. The use of data science in inventory management is considered as a longitudinal effect of the applications derived from machine learning. Furthermore, AI can be beneficial in improving production processes by monitoring and analyzing production operations to optimize resource usage and reduce waste. Lastly, it is used in the maintenance of equipment and machinery, which involves estimating and planning a schedule for equipment operation maintenance.