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LiveWorx 2019

RE695B - Enhanced Efficiency in Product Development Through Use of Artificial Intelligence Driven Automation

Session Description

The power of Artificial Intelligence (AI) can be used in multiple aspects of product development from reducing data entry operations to driving data driven predictions to make the process fast and efficient. This session will discuss the use of AI across multiple aspects of product development including design, spec creation and sourcing. We will discuss how use of AI engines can help the development process through intelligent identification of similar offerings, fast track creation of BOM and enable effective decision making while finalizing product line. Some key use cases include image recognition, predict best choices of spec components (BOM), most efficient source and effective cost. The key focus will be on using AI in gaining efficiencies by ensuring accuracy and informed decision making.


Session Presenter
Additional Information
Retail
Retail PLM
How AI can help in making designs more relevant and aligned to market needs by getting clear insights into similar designs/ideas
How to reduce time and effort in data entry operations like product, BOM creation
How to make the sourcing process more efficient through intelligent selection of source and cost
Breakout Session
45 minutes
Session Schedule