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| artificial intelligence inventory management: Data Analytics and Artificial Intelligence for Inventory and Supply Chain Management Dinesh K. Sharma, Madhu Jain, 2022 This book considers new analytics and AI approaches in the areas of inventory control, logistics, and supply chain management. It provides valuable insights for the retailers and managers to improve business operations and make more realistic and better decisions. It also offers a number of smartly designed strategies related to inventory control and supply chain management for the optimal ordering and delivery policies. The book further uses detailed models and AI computing approaches for demand forecasting to planning optimization and digital execution tracking. One of its key features is use of real-life examples, case studies, practical models to ensure adoption of new solutions, data analytics, and AI-lead automation methodologies are included. The book can be utilized by retailers and managers to improve business operations and make more accurate and realistic decisions. The AI-based solution, agnostic assessment, and strategy will support the companies for better alignment and inventory control and capabilities to create a strategic road map for supply chain and logistics. The book is also useful for postgraduate students, researchers, and corporate executives. It addresses novel solutions for inventory to real-world supply chain and logistics that retailers, practitioners, educators, and scholars will find useful. It provides the theoretical and applicable subject matters for the senior undergraduate and graduate students, researchers, practitioners, and professionals in the area of artificial intelligent computing and its applications in inventory and supply chain management, inventory control, and logistics. . |
| artificial intelligence inventory management: Artificial Neural Network Applications in Business and Engineering Do, Quang Hung, 2021-01-08 In today’s modernized market, various disciplines continue to search for universally functional technologies that improve upon traditional processes. Artificial neural networks are a set of statistical modeling tools that are capable of processing nonlinear data with strong accuracy. Due to their complexity, utilizing their potential was previously seen as a challenge. However, with the development of artificial intelligence, this technology has proven to be an effective and efficient problem-solving method. Artificial Neural Network Applications in Business and Engineering is an essential reference source that illustrates recent advancements of artificial neural networks in various professional fields, accompanied by specific case studies and practical examples. Featuring research on topics such as training algorithms, transportation, and computer security, this book is ideally designed for researchers, students, developers, managers, engineers, academicians, industrialists, policymakers, and educators seeking coverage on modern trends in artificial neural networks and their real-world implementations. |
| artificial intelligence inventory management: Data Analytics and Artificial Intelligence for Inventory and Supply Chain Management Dinesh K. Sharma, Madhu Jain, 2022-11-08 This book considers new analytics and AI approaches in the areas of inventory control, logistics, and supply chain management. It provides valuable insights for the retailers and managers to improve business operations and make more realistic and better decisions. It also offers a number of smartly designed strategies related to inventory control and supply chain management for the optimal ordering and delivery policies. The book further uses detailed models and AI computing approaches for demand forecasting to planning optimization and digital execution tracking. One of its key features is use of real-life examples, case studies, practical models to ensure adoption of new solutions, data analytics, and AI-lead automation methodologies are included.The book can be utilized by retailers and managers to improve business operations and make more accurate and realistic decisions. The AI-based solution, agnostic assessment, and strategy will support the companies for better alignment and inventory control and capabilities to create a strategic road map for supply chain and logistics. The book is also useful for postgraduate students, researchers, and corporate executives. It addresses novel solutions for inventory to real-world supply chain and logistics that retailers, practitioners, educators, and scholars will find useful. It provides the theoretical and applicable subject matters for the senior undergraduate and graduate students, researchers, practitioners, and professionals in the area of artificial intelligent computing and its applications in inventory and supply chain management, inventory control, and logistics. |
| artificial intelligence inventory management: Optimization and Inventory Management Nita H. Shah, Mandeep Mittal, 2019-08-31 This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions. |
| artificial intelligence inventory management: Artificial Intelligence in Practice Bernard Marr, 2019-04-15 Cyber-solutions to real-world business problems Artificial Intelligence in Practice is a fascinating look into how companies use AI and machine learning to solve problems. Presenting 50 case studies of actual situations, this book demonstrates practical applications to issues faced by businesses around the globe. The rapidly evolving field of artificial intelligence has expanded beyond research labs and computer science departments and made its way into the mainstream business environment. Artificial intelligence and machine learning are cited as the most important modern business trends to drive success. It is used in areas ranging from banking and finance to social media and marketing. This technology continues to provide innovative solutions to businesses of all sizes, sectors and industries. This engaging and topical book explores a wide range of cases illustrating how businesses use AI to boost performance, drive efficiency, analyse market preferences and many others. Best-selling author and renowned AI expert Bernard Marr reveals how machine learning technology is transforming the way companies conduct business. This detailed examination provides an overview of each company, describes the specific problem and explains how AI facilitates resolution. Each case study provides a comprehensive overview, including some technical details as well as key learning summaries: Understand how specific business problems are addressed by innovative machine learning methods Explore how current artificial intelligence applications improve performance and increase efficiency in various situations Expand your knowledge of recent AI advancements in technology Gain insight on the future of AI and its increasing role in business and industry Artificial Intelligence in Practice: How 50 Successful Companies Used Artificial Intelligence to Solve Problems is an insightful and informative exploration of the transformative power of technology in 21st century commerce. |
| artificial intelligence inventory management: Artificial Intelligence Harvard Business Review, 2019 Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business. |
| artificial intelligence inventory management: Approximate Dynamic Programming Warren B. Powell, 2007-10-05 A complete and accessible introduction to the real-world applications of approximate dynamic programming With the growing levels of sophistication in modern-day operations, it is vital for practitioners to understand how to approach, model, and solve complex industrial problems. Approximate Dynamic Programming is a result of the author's decades of experience working in large industrial settings to develop practical and high-quality solutions to problems that involve making decisions in the presence of uncertainty. This groundbreaking book uniquely integrates four distinct disciplines—Markov design processes, mathematical programming, simulation, and statistics—to demonstrate how to successfully model and solve a wide range of real-life problems using the techniques of approximate dynamic programming (ADP). The reader is introduced to the three curses of dimensionality that impact complex problems and is also shown how the post-decision state variable allows for the use of classical algorithmic strategies from operations research to treat complex stochastic optimization problems. Designed as an introduction and assuming no prior training in dynamic programming of any form, Approximate Dynamic Programming contains dozens of algorithms that are intended to serve as a starting point in the design of practical solutions for real problems. The book provides detailed coverage of implementation challenges including: modeling complex sequential decision processes under uncertainty, identifying robust policies, designing and estimating value function approximations, choosing effective stepsize rules, and resolving convergence issues. With a focus on modeling and algorithms in conjunction with the language of mainstream operations research, artificial intelligence, and control theory, Approximate Dynamic Programming: Models complex, high-dimensional problems in a natural and practical way, which draws on years of industrial projects Introduces and emphasizes the power of estimating a value function around the post-decision state, allowing solution algorithms to be broken down into three fundamental steps: classical simulation, classical optimization, and classical statistics Presents a thorough discussion of recursive estimation, including fundamental theory and a number of issues that arise in the development of practical algorithms Offers a variety of methods for approximating dynamic programs that have appeared in previous literature, but that have never been presented in the coherent format of a book Motivated by examples from modern-day operations research, Approximate Dynamic Programming is an accessible introduction to dynamic modeling and is also a valuable guide for the development of high-quality solutions to problems that exist in operations research and engineering. The clear and precise presentation of the material makes this an appropriate text for advanced undergraduate and beginning graduate courses, while also serving as a reference for researchers and practitioners. A companion Web site is available for readers, which includes additional exercises, solutions to exercises, and data sets to reinforce the book's main concepts. |
| artificial intelligence inventory management: The Development of an Artificial Intelligence System for Inventory Management Using Multiple Experts Mary Kay Allen, 1986* |
| artificial intelligence inventory management: Markov Decision Processes Martin L. Puterman, 2014-08-28 The Wiley-Interscience Paperback Series consists of selected books that have been made more accessible to consumers in an effort to increase global appeal and general circulation. With these new unabridged softcover volumes, Wiley hopes to extend the lives of these works by making them available to future generations of statisticians, mathematicians, and scientists. This text is unique in bringing together so many results hitherto found only in part in other texts and papers. . . . The text is fairly self-contained, inclusive of some basic mathematical results needed, and provides a rich diet of examples, applications, and exercises. The bibliographical material at the end of each chapter is excellent, not only from a historical perspective, but because it is valuable for researchers in acquiring a good perspective of the MDP research potential. —Zentralblatt fur Mathematik . . . it is of great value to advanced-level students, researchers, and professional practitioners of this field to have now a complete volume (with more than 600 pages) devoted to this topic. . . . Markov Decision Processes: Discrete Stochastic Dynamic Programming represents an up-to-date, unified, and rigorous treatment of theoretical and computational aspects of discrete-time Markov decision processes. —Journal of the American Statistical Association |
| artificial intelligence inventory management: The Oxford Handbook of Supply Chain Management Thomas Y. Choi, Julie Juan Li, Dale S. Rogers, Tobias Schoenherr, Stephan M. Wagner, This handbook is currently in development, with individual articles publishing online in advance of print publication. At this time, we cannot add information about unpublished articles in this handbook, however the table of contents will continue to grow as additional articles pass through the review process and are added to the site. Please note that the online publication date for this handbook is the date that the first article in the title was published online. |
| artificial intelligence inventory management: The Economics of Artificial Intelligence Ajay Agrawal, Joshua Gans, Avi Goldfarb, Catherine Tucker, 2024-03-05 A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system. |
| artificial intelligence inventory management: Bio-Inspired Artificial Intelligence Dario Floreano, Claudio Mattiussi, 2023-04-04 A comprehensive introduction to new approaches in artificial intelligence and robotics that are inspired by self-organizing biological processes and structures. New approaches to artificial intelligence spring from the idea that intelligence emerges as much from cells, bodies, and societies as it does from evolution, development, and learning. Traditionally, artificial intelligence has been concerned with reproducing the abilities of human brains; newer approaches take inspiration from a wider range of biological structures that that are capable of autonomous self-organization. Examples of these new approaches include evolutionary computation and evolutionary electronics, artificial neural networks, immune systems, biorobotics, and swarm intelligence—to mention only a few. This book offers a comprehensive introduction to the emerging field of biologically inspired artificial intelligence that can be used as an upper-level text or as a reference for researchers. Each chapter presents computational approaches inspired by a different biological system; each begins with background information about the biological system and then proceeds to develop computational models that make use of biological concepts. The chapters cover evolutionary computation and electronics; cellular systems; neural systems, including neuromorphic engineering; developmental systems; immune systems; behavioral systems—including several approaches to robotics, including behavior-based, bio-mimetic, epigenetic, and evolutionary robots; and collective systems, including swarm robotics as well as cooperative and competitive co-evolving systems. Chapters end with a concluding overview and suggested reading. |
| artificial intelligence inventory management: Enterprise Artificial Intelligence Transformation Rashed Haq, 2020-06-10 Enterprise Artificial Intelligence Transformation AI is everywhere. From doctor's offices to cars and even refrigerators, AI technology is quickly infiltrating our daily lives. AI has the ability to transform simple tasks into technological feats at a human level. This will change the world, plain and simple. That's why AI mastery is such a sought-after skill for tech professionals. Author Rashed Haq is a subject matter expert on AI, having developed AI and data science strategies, platforms, and applications for Publicis Sapient's clients for over 10 years. He shares that expertise in the new book, Enterprise Artificial Intelligence Transformation. The first of its kind, this book grants technology leaders the insight to create and scale their AI capabilities and bring their companies into the new generation of technology. As AI continues to grow into a necessary feature for many businesses, more and more leaders are interested in harnessing the technology within their own organizations. In this new book, leaders will learn to master AI fundamentals, grow their career opportunities, and gain confidence in machine learning. Enterprise Artificial Intelligence Transformation covers a wide range of topics, including: Real-world AI use cases and examples Machine learning, deep learning, and slimantic modeling Risk management of AI models AI strategies for development and expansion AI Center of Excellence creating and management If you're an industry, business, or technology professional that wants to attain the skills needed to grow your machine learning capabilities and effectively scale the work you're already doing, you'll find what you need in Enterprise Artificial Intelligence Transformation. |
| artificial intelligence inventory management: Artificial Intelligence Dr. Ridhi Jindal, Dr. Sudesh Kumar Mittal, 2023-04-23 Artificial Intelligence (AI) has become an increasingly popular buzzword in recent years, with the potential to revolutionize almost every industry and aspect of our lives. From self-driving cars to personalized medical treatments, AI is proving to be a powerful tool that can change the way we live and work. This book aims to provide an overview of the diverse and rapidly evolving field of AI applications, showcasing how AI is being used in a variety of industries and domains, and exploring the implications and opportunities presented by this exciting technology. It is intended for a broad audience, including students, researchers, business professionals, and anyone interested in the possibilities offered by AI. The book covers a wide range of topics, including machine learning, natural language processing, computer vision, robotics, and more. It also delves into the ethical considerations and potential risks associated with the widespread use of AI. Each chapter offers insights into real-world applications of AI, providing examples that demonstrate the potential of this technology in practice. The contributors to this book are experts in their respective fields, drawn from academia and industry, and offer a unique perspective on the development and use of AI in their domains. The book is designed to be accessible to readers with a range of technical backgrounds, providing a comprehensive introduction to the field and showcasing some of the most innovative and exciting applications of AI. We hope that this book inspires readers to explore the potential of AI and its impact on the world around us, and encourages further exploration and development in this exciting field. |
| artificial intelligence inventory management: Artificial Intelligent Techniques for Wireless Communication and Networking R. Kanthavel, K. Anathajothi, S. Balamurugan, R. Karthik Ganesh, 2022-02-24 ARTIFICIAL INTELLIGENT TECHNIQUES FOR WIRELESS COMMUNICATION AND NETWORKING The 20 chapters address AI principles and techniques used in wireless communication and networking and outline their benefit, function, and future role in the field. Wireless communication and networking based on AI concepts and techniques are explored in this book, specifically focusing on the current research in the field by highlighting empirical results along with theoretical concepts. The possibility of applying AI mechanisms towards security aspects in the communication domain is elaborated; also explored is the application side of integrated technologies that enhance AI-based innovations, insights, intelligent predictions, cost optimization, inventory management, identification processes, classification mechanisms, cooperative spectrum sensing techniques, ad-hoc network architecture, and protocol and simulation-based environments. Audience Researchers, industry IT engineers, and graduate students working on and implementing AI-based wireless sensor networks, 5G, IoT, deep learning, reinforcement learning, and robotics in WSN, and related technologies. |
| artificial intelligence inventory management: The Quantitative Supply Chain Joannès Vermorel, 2018-01-26 The Quantitative Supply Chain represents a novel and disruptive perspective on the optimization of supply chains. It can be seen as a refoundation of many supply chain practices, in particular regarding inventory forecasting, and has been built to make the most of the latest statistical approaches and vast computing resources that are available nowadays. |
| artificial intelligence inventory management: Competing in the Age of AI Marco Iansiti, Karim R. Lakhani, 2020-01-07 a provocative new book — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how collisions between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI. |
| artificial intelligence inventory management: Artificial Intelligence: A Guide for Everyone Arshad Khan, |
| artificial intelligence inventory management: The Art of Structuring Katrin Bergener, Michael Räckers, Armin Stein, 2019-01-25 Structuring, or, as it is referred to in the title of this book, the art of structuring, is one of the core elements in the discipline of Information Systems. While the world is becoming increasingly complex, and a growing number of disciplines are evolving to help make it a better place, structure is what is needed in order to understand and combine the various perspectives and approaches involved. Structure is the essential component that allows us to bridge the gaps between these different worlds, and offers a medium for communication and exchange. The contributions in this book build these bridges, which are vital in order to communicate between different worlds of thought and methodology – be it between Information Systems (IS) research and practice, or between IS research and other research disciplines. They describe how structuring can be and should be done so as to foster communication and collaboration. The topics covered reflect various layers of structure that can serve as bridges: models, processes, data, organizations, and technologies. In turn, these aspects are complemented by visionary outlooks on how structure influences the field. |
| artificial intelligence inventory management: The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry Pethuru Raj Chelliah, Venkatraman Jayasankar, Mats Agerstam, B. Sundaravadivazhagan, Robin Cyriac, 2023-12-04 The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry Comprehensive resource describing how operations, outputs, and offerings of the oil and gas industry can improve via advancements in AI The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry describes the proven and promising digital technologies and tools available to empower the oil and gas industry to be future-ready. It shows how the widely reported limitations of the oil and gas industry are being nullified through the application of breakthrough digital technologies and how the convergence of digital technologies helps create new possibilities and opportunities to take this industry to its next level. The text demonstrates how scores of proven digital technologies, especially in AI, are useful in elegantly fulfilling complicated requirements such as process optimization, automation and orchestration, real-time data analytics, productivity improvement, employee safety, predictive maintenance, yield prediction, and accurate asset management for the oil and gas industry. The text differentiates and delivers sophisticated use cases for the various stakeholders, providing easy-to-understand information to accurately utilize proven technologies towards achieving real and sustainable industry transformation. The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry includes information on: How various machine and deep learning (ML/DL) algorithms, the prime modules of AI, empower AI systems to deliver on their promises and potential Key use cases of computer vision (CV) and natural language processing (NLP) as they relate to the oil and gas industry Smart leverage of AI, the Industrial Internet of Things (IIoT), cyber physical systems, and 5G communication Event-driven architecture (EDA), microservices architecture (MSA), blockchain for data and device security, and digital twins Clearly expounding how the power of AI and other allied technologies can be meticulously leveraged by the oil and gas industry, The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry is an essential resource for students, scholars, IT professionals, and business leaders in many different intersecting fields. |
| artificial intelligence inventory management: The Humachine Nada R. Sanders, John D. Wood, 2019-09-09 There is a lot of hype, hand-waving, and ink being spilled about artificial intelligence (AI) in business. The amount of coverage of this topic in the trade press and on shareholder calls is evidence of a large change currently underway. It is awesome and terrifying. You might think of AI as a major environmental factor that is creating an evolutionary pressure that will force enterprise to evolve or perish. For those companies that do survive the silicon wave sweeping through the global economy, the issue becomes how to keep their humanity amidst the tumult. What started as an inquiry into how executives can adopt AI to harness the best of human and machine capabilities turned into a much more profound rumination on the future of humanity and enterprise. This is a wake-up call for business leaders across all sectors of the economy. Not only should you implement AI regardless of your industry, but once you do, you should fight to stay true to your purpose, your ethical convictions, indeed your humanity, even as our organizations continue to evolve. While not holding any punches about the dangers posed by overpowered AI, this book uniquely surveys where technology is limited, and gives reason for cautious optimism about the true opportunities that lie amidst all the disruptive change currently underway. As such, it is distinctively more optimistic than many of the competing titles on Big Technology. This compelling book weaves together business strategy and philosophy of mind, behavioral psychology and the limits of technology, leadership and law. The authors set out to identify where humans and machines can best complement one another to create an enterprise greater than the sum total of its parts: the Humachine. Combining the global business and forecasting acumen of Professor Nada R. Sanders, PhD, with the legal and philosophical insight of John D. Wood, Esq., the authors combine their strengths to bring us this profound yet accessible book. This is a must read for anyone interested in AI and the future of human enterprise. |
| artificial intelligence inventory management: Embedding Artificial Intelligence into ERP Software Siar Sarferaz, |
| artificial intelligence inventory management: Artificial Intelligence Kerrigan, Charles, 2022-03-17 This timely book provides an extensive overview and analysis of the law and regulation as it applies to the technology and uses of Artificial Intelligence (AI). It examines the human and ethical concerns associated with the technology, the history of AI and AI in commercial contexts. |
| artificial intelligence inventory management: Handbook of Artificial Intelligence Applications for Industrial Sustainability Vikas Garg, Richa Goel, Pooja Tiwari, Esra S. Döngül, 2024-01-30 The subject of Artificial Intelligence (AI) is continuing on its journey of affecting each and every individual and will keep on this path in the times to come. This handbook is a collection of topics on the application of artificial intelligence applications for sustainability in different areas. It provides an insight into the various uses of concepts and practical examples for different domains all in one place, which makes it unique and important for the potential reader. Handbook of Artificial Intelligence Applications for Industrial Sustainability: Concepts and Practical Examples examines the influence of AI and how it can be used in several industries to improve corporate performance, reduce security concerns, improve customer experience, and ultimately generate value for customers and maximize profits. The handbook offers practical examples, concepts, and applications that provide an easy understanding and implementation process. It provides AI applications in many fields, such as sustainable credit decisions, cyber security and fraud prevention, warehouse management, and much more. This handbook will provide insight to customers, managers, professionals, engineers, researchers, and students on the various uses of AI and sustainability in different domains. All of this needed information compiled into one handbook makes it unique and important for the engineering, business, and computer science communities. |
| artificial intelligence inventory management: Artificial Intelligence in Supply Chain Management Calvin Klein, 2023-10-06 As Artificial Intelligence (AI) continues to revolutionize industries worldwide, its omnipresence becomes increasingly evident in Supply Chain Management (SCM). This Consortium Study, conducted by the Institute of Supply Chain Management (ISCMHSG) at the University of St.Gallen and its promotional association, examines the integration of AI in SCM and aims to address the gap between expectations and reality. The study provides a knowledge foundation to assist supply chain managers in developingrealistic expectations of this technology. Considering the rapid advancement of AI technologies and their potential impact on SCM, this study explores the current state of AI in SCM and analyzes the disparity between expectations and reality. Through a comprehensive market analysis of AI solutions offered in SCM, opportunities for improvement are identified. The study focuses on aligning expectations and reality by fostering a better understanding of the capabilities of AI in SCM. Additionally, the study investigates obstacles to successful AI integration, including data quality, integration challenges, and unrealistic expectations of potential benefits. Through the collaborative efforts of the participating organizations, this Consortium Study offers a collective understanding of the current state of AI in SCM. It serves as a valuable resource for industry professionals, and academia facilitating the successful integration of AI and driving operational excellence in SCM. |
| artificial intelligence inventory management: Artificial Intelligence in Accounting Cory Ng, John Alarcon, 2020-12-08 Artificial Intelligence in Accounting: Practical Applications was written with a simple goal: to provide accountants with a foundational understanding of AI and its many business and accounting applications. It is meant to serve as a guide for identifying opportunities to implement AI initiatives to increase productivity and profitability. This book will help you answer questions about what AI is and how it is used in the accounting profession today. Offering practical guidance that you can leverage for your organization, this book provides an overview of essential AI concepts and technologies that accountants should know, such as machine learning, deep learning, and natural language processing. It also describes accounting-specific applications of robotic process automation and text mining. Illustrated with case studies and interviews with representatives from global professional services firms, this concise volume makes a significant contribution to examining the intersection of AI and the accounting profession. This innovative book also explores the challenges and ethical considerations of AI. It will be of great interest to accounting practitioners, researchers, educators, and students. |
| artificial intelligence inventory management: Artificial Intelligence and Human Performance in Transportation Dimitrios Ziakkas, Anastasios Plioutsias, 2024-10-30 Artificial Intelligence (AI) is a major technological advancement in the 21st century. With its influence spreading to all aspects of our lives and the engineering sector, establishing well-defined objectives is crucial for successfully integrating AI in the field of transportation. This book presents different ways of adopting emerging technologies in transportation operations, including security, safety, online training, and autonomous vehicle operations on land, sea, and air. This guide is a dynamic resource for senior management and decision-makers, with essential practical advice distilled from the expertise of specialists in the field. It addresses the most critical issues facing transportation service providers in adopting AI and investigates the relationship between the human operator and the technology to navigate what is and is not feasible or impossible. Case studies of actual implementation provide context to common scenarios in the transportation sector. This book will serve the reader as the starting point for practical questions regarding the deployment and safety assurance of new and emergent technologies in the transportation domains. Artificial Intelligence and Human Performance in Transportation is a beneficial read for professionals in the fields of Human Factors, Engineering (Aviation, Maritime and Land), Logistics, Manufacturing, Accident Investigation and Safety, Cybersecurity and Human Resources. |
| artificial intelligence inventory management: Artificial Intelligence in Business Management Teik Toe Teoh, Yu Jin Goh, 2023-11-26 Artificial intelligence (AI) is rapidly gaining significance in the business world. With more and more organizations adopt AI technologies, there is a growing demand for business leaders, managers, and practitioners who can harness AI’s potential to improve operations, increase efficiency, and drive innovation. This book aims to help management professionals exploit the predictive powers of AI and demonstrate to AI practitioners how to apply their expertise in fundamental business operations. It showcases how AI technology innovations can enhance various aspects of business management, such as business strategy, finance, and marketing. Readers interested in AI for business management will find several topics of particular interest, including how AI can improve decision-making in business strategy, streamline operational processes, and enhance customer satisfaction. As AI becomes an increasingly important tool in the business world, this book offers valuable insights into how it can be applied to various industries and business settings. Through this book, readers will gain a better understanding of how AI can be applied to improve business management practices and practical guidance on how to implement AI projects in a business context. This book also provides practical guides on how to implement AI projects in a business context using Python programming. By reading this book, readers will be better equipped to make informed decisions about how to leverage AI for business success. |
| artificial intelligence inventory management: The AI Revolution: How Artificial Intelligence Will Reshape Our Lives, Careers, and Future Rick Spair, Welcome to The AI Revolution: How Artificial Intelligence Will Reshape Our Lives, Careers, and Future, a comprehensive exploration of one of the most transformative technologies of our time. Artificial Intelligence (AI) is not just a buzzword or a distant futuristic concept; it is a reality that is rapidly reshaping every facet of our lives. From the way we communicate, work, and learn to how we address global challenges, AI is at the forefront of innovation and change. As you delve into this book, you will embark on a journey through the history, development, and profound impact of AI. We will explore the foundational concepts that underpin AI technologies, demystify the jargon that often surrounds this field, and provide a clear understanding of how AI works. More importantly, we will examine the real-world applications of AI across various sectors, highlighting the benefits and challenges that come with integrating AI into our daily lives. The narrative will take you through the corridors of healthcare, where AI is revolutionizing diagnostics and treatment; into the financial world, where it is enhancing fraud detection and customer service; and onto the roads, where autonomous vehicles are becoming a reality. You will see how AI is personalizing education, transforming entertainment, and optimizing retail experiences. Each chapter is designed to provide insights into how AI is currently being utilized and the future possibilities it holds. Beyond the technological advancements, this book delves into the ethical considerations and societal impacts of AI. We will discuss the moral dilemmas, privacy concerns, and the need for transparency and accountability in AI development. Understanding these aspects is crucial for fostering a responsible AI ecosystem that benefits all of humanity. In the chapters dedicated to the future of work, you will learn about the skills and competencies required in an AI-driven job market. We will explore the opportunities and challenges posed by job automation and the importance of continuous learning and adaptability. This book aims to equip you with the knowledge to navigate and thrive in a rapidly changing world. We will also address the vital role of individuals, businesses, and governments in shaping the future of AI. From fostering innovation and ensuring ethical practices to promoting inclusivity and equity, the collective efforts of all stakeholders are essential for creating a balanced and beneficial AI landscape. The AI Revolution: How Artificial Intelligence Will Reshape Our Lives, Careers, and Future is not just an academic discourse but a call to action. It encourages readers to engage with AI positively, responsibly, and proactively. As we stand on the brink of this technological revolution, it is imperative to understand its implications and harness its potential to create a better, more equitable world. Join us as we explore the fascinating world of AI, understand its transformative power, and envision a future where technology and humanity coexist harmoniously for the greater good. |
| artificial intelligence inventory management: A Biologist’s Guide to Artificial Intelligence Ambreen Hamadani, Nazir A Ganai, Hamadani Henna, J Bashir, 2024-03-15 A Biologist’s Guide to Artificial Intelligence: Building the Foundations of Artificial Intelligence and Machine Learning for Achieving Advancements in Life Sciences provides an overview of the basics of Artificial Intelligence for life science biologists. In 14 chapters/sections, readers will find an introduction to Artificial Intelligence from a biologist’s perspective, including coverage of AI in precision medicine, disease detection, and drug development. The book also gives insights into the AI techniques used in biology and the applications of AI in food, and in environmental, evolutionary, agricultural, and bioinformatic sciences. Final chapters cover ethical issues surrounding AI and the impact of AI on the future. This book covers an interdisciplinary area and is therefore is an important subject matter resource and reference for researchers in biology and students pursuing their degrees in all areas of Life Sciences. It is also a useful title for the industry sector and computer scientists who would gain a better understanding of the needs and requirements of biological sciences and thus better tune the algorithms. Helps biologists succeed in understanding the concepts of Artificial Intelligence and machine learning Equips with new data mining strategies an easy interface into the world of Artificial Intelligence Enables researchers to enhance their own sphere of researching Artificial Intelligence |
| artificial intelligence inventory management: Artificial Intelligence for Marketing Management Park Thaichon, Sara Quach, 2022-11-10 Artificial intelligence (AI) has driven businesses to adopt new business practices rapidly, enhance product development and services, has helped to power AI-based market intelligence and customer insights, and improve customer relationship management. This timely book addresses the use of AI in marketing. This book also explores the dark side of AI in marketing management and discusses ethics and transparency of automated decision-making in AI applications, data privacy, cyber security issues, and biases in various facets of marketing. Emerging applications of AI such as DeepFakes which use deep learning technology could increase risks of manipulation and deception. Hence, apart from leveraging AI capabilities and advantages, the book cautions the need for prevention strategies to deal with potential issues that could arise from the adoption of AI in marketing management. This book will provide practical insights into the role of AI in marketing management. It will be a useful reference for those researching marketing and marketing professionals. |
| artificial intelligence inventory management: Artificial Intelligence based Online Marketing Ms.Hridayama Dev Varm, Mrs. Neglur Indrani Sudhindra, Mr. Surjadeep Dutta, 2024-04-03 Ms.Hridayama Dev Varma, Senior Research Scholar, Faculty of Management, SRM Institute of Science and Technology, Kattankulathur, Chengalpattu, Tamil Nadu, India. Mrs. Neglur Indrani Sudhindra , Full Time Research Scholar , Faculty of Management , SRM Institute of Science and Technology, Kattankulathur, Chengalpattu, Tamil Nadu, India . Mr. Surjadeep Dutta,Senior Research Scholar, Faculty of Management, SRM Institute of Science and Technology, Kattankulathur, Chengalpattu, Tamil Nadu, India. |
| artificial intelligence inventory management: AI for Entrepreneurs: How to Leverage Artificial Intelligence for Business Success Shu Chen Hou, Unlock the transformative power of Artificial Intelligence (AI) to propel your business to new heights. AI for Entrepreneurs is an essential guide for business owners looking to leverage AI technology to boost growth, optimize operations, and stay ahead of the competition. Packed with practical strategies, this book demystifies AI, making it accessible to entrepreneurs of all sizes—whether you're a startup founder or running a small enterprise. Discover how AI is revolutionizing industries by automating routine tasks, improving decision-making, and enhancing customer experiences. You'll learn step-by-step how to identify key areas where AI can add value, choose the right tools to enhance marketing and operations, and automate processes to save time and costs. Featuring real-world success stories of entrepreneurs who used AI to scale their businesses, this book will show you exactly how to implement AI in your daily operations for maximum impact. Bonus resources include a curated list of AI tools, an action plan template, and an easy-to-understand AI glossary—everything you need to start leveraging AI today. AI for Entrepreneurs is your roadmap to making AI a powerful ally in your business journey. Get your copy and start building your AI-powered success story now! |
| artificial intelligence inventory management: Advances in Artificial Intelligence and Data Engineering Niranjan N. Chiplunkar, Takanori Fukao, 2020-08-13 This book presents selected peer-reviewed papers from the International Conference on Artificial Intelligence and Data Engineering (AIDE 2019). The topics covered are broadly divided into four groups: artificial intelligence, machine vision and robotics, ambient intelligence, and data engineering. The book discusses recent technological advances in the emerging fields of artificial intelligence, machine learning, robotics, virtual reality, augmented reality, bioinformatics, intelligent systems, cognitive systems, computational intelligence, neural networks, evolutionary computation, speech processing, Internet of Things, big data challenges, data mining, information retrieval, and natural language processing. Given its scope, this book can be useful for students, researchers, and professionals interested in the growing applications of artificial intelligence and data engineering. |
| artificial intelligence inventory management: Artificial Intelligence, Medical Engineering and Education Z.B. Hu, Q. Zhang, M. He, 2024-02-28 Artificial Intelligence (AI) is a rapidly developing field of computer science which now plays an increasingly important role in many disciplines. A catalyst for significant change, research into AI is of particular importance in fields such as medicine and education, and as such has become an area to watch for many people worldwide. This book presents the proceedings of AIMEE 2023, the 7th International Conference on Artificial Intelligence, Medical Engineering and Education, held on 9 and 10 November 2023 in Guangzhou, China. The conference brought together top international researchers from around the world to exchange research results and address open issues in AI, medical engineering and education. A total of 238 submissions were received for AIMEE 2023, of which 89 papers were selected for presentation and publication after a rigorous international peer review process. The book is divided into 3 sections, covering artificial intelligence and scientific methodology; systems engineering and analysis: concepts, methods, and applications; and education reform and innovation. Presenting papers which explore and discuss many novel concepts and methodologies contributing to the rapid evolution of artificial intelligence and its applications, the book will be of interest to all those working in the relevant fields. |
| artificial intelligence inventory management: Recent Trends in Artificial Intelligence Towards a Smart World Rajeev Arya, |
| artificial intelligence inventory management: Artificial Intelligence for Business The Knowledge Press, 2023-03-04 Artificial Intelligence for Business by The Knowledge Press is a practical guide that helps people understand the basics of AI and its potential applications in businesses. The book provides an overview of AI and its different techniques, such as machine learning, natural language processing, and computer vision. It also includes case studies and real-world examples to illustrate how AI is already being used to optimize various business processes, from customer service to supply chain management. Additionally, the book explores the ethical considerations surrounding AI adoption, as well as its potential impact on the future of work. Whether you're a business professional or a student, this book is an essential read for anyone looking to harness the power of AI for business success. |
| artificial intelligence inventory management: Data-Driven Technologies and Artificial Intelligence in Supply Chain Mahesh Chand, Vineet Jain, Puneeta Ajmera, 2023-11-23 This book highlights the importance of data-driven technologies and artificial intelligence in supply chain management. It covers important concepts such as enabling technologies in Industry 4.0, the impact of artificial intelligence, and data-driven technologies in lean manufacturing. Provides solutions to solve complex supply chain management issues using artificial intelligence and data-driven technologies Emphasizes the impact of a data-driven supply chain on quality management Discusses applications of artificial intelligence, and data-driven technologies in the service industry, and lean manufacturing Highlights the barriers to implementing artificial intelligence in small and medium enterprises Presents a better understanding of different risks such as procurement risks, process risks, demand risks, transportation risks, and operational risks The book comprehensively discusses the applications of artificial intelligence and data-driven technologies in supply chain management for diverse fields such as service industries, manufacturing industries, and healthcare. It further covers the impact of artificial intelligence and data-driven technologies in managing the FMGC supply chain. It will be a valuable resource for senior undergraduate, graduate students, and academic researchers in diverse fields including electrical engineering, electronics and communications engineering, industrial engineering, manufacturing engineering, production engineering, and computer engineering. |
| artificial intelligence inventory management: Artificial Intelligence and Knowledge Processing Hemachandran K, |
| artificial intelligence inventory management: Artificial Intelligence, Big Data, IOT and Block Chain in Healthcare: From Concepts to Applications Yousef Farhaoui, |
ARTIFICIAL Definition & Meaning - Merriam-Webster
The meaning of ARTIFICIAL is made, produced, or done by humans especially to seem like something natural : man-made. How to use artificial in a sentence.
ARTIFICIAL | English meaning - Cambridge Dictionary
ARTIFICIAL definition: 1. made by people, often as a copy of something natural: 2. not sincere: 3. made by …
Artificial - definition of artificial by The Free Dictiona…
1. produced by man; not occurring naturally: artificial materials of great strength. 2. made in imitation of a natural product, esp as a substitute; not genuine: artificial cream. 3. …
ARTIFICIAL Definition & Meaning | Dictionary.com
Artificial is used to describe things that are made or manufactured as opposed to occurring naturally. Artificial is …
ARTIFICIAL definition and meaning | Collins English Dict…
Artificial objects, materials, or processes do not occur naturally and are created by human beings, for example using science or technology.
ARTIFICIAL Definition & Meaning - Merriam-Webster
The meaning of ARTIFICIAL is made, produced, or done by humans especially to seem like something natural : man-made. How to use artificial in a sentence.
ARTIFICIAL | English meaning - Cambridge Dictionary
ARTIFICIAL definition: 1. made by people, often as a copy of something natural: 2. not sincere: 3. made by …
Artificial - definition of artificial by The Free Dictiona…
1. produced by man; not occurring naturally: artificial materials of great strength. 2. made in imitation of a natural product, esp as a substitute; not genuine: artificial cream. 3. …
ARTIFICIAL Definition & Meaning | Dictionary.com
Artificial is used to describe things that are made or manufactured as opposed to occurring naturally. Artificial is …
ARTIFICIAL definition and meaning | Collins English Dict…
Artificial objects, materials, or processes do not occur naturally and are created by human beings, for example using science or technology.
