AI in Operational Management
AI in Operation Management is a topic that covers how artificial intelligence (AI) can help operation managers to optimize their business processes, enhance their performance, and achieve their goals.The types and applications of AI in Operation Management, such as process automation, predictive analytics, prescriptive analytics, and cognitive computing.
OPERATIONAL MANAGEMENT EXCELLENCE
Let's focus on How is AI used in Operation Management?
Categorization and applications of AI in Operation Management,:
Process automation: AI that can perform routine and repetitive tasks, such as data entry, invoicing, or scheduling
Predictive analytics: AI that can forecast outcomes and risks, such as demand, inventory, or maintenance
Prescriptive analytics: AI that can recommend actions and decisions, such as pricing, staffing, or routing
Cognitive computing: AI that can understand and interact with natural language, such as chatbots, voice assistants, or sentiment analysis