On this episode, Jürgen Schmiezek, Chief Growth Officer at Tvarit, joins host Benjamin Brockmann to discuss how AI can help factories reduce waste.
Tvarit uses AI to analyze metal factory data in order to:
- Identify problems in the casting process.
- Discover the reason for system failure.
- Suggest solutions for optimal casting.
By doing this, factories can reduce waste significantly, thus saving money.
According to Jürgen, most companies see an ROI within the first six months after the AI is installed and the wait is never longer than a year. He also adds that some companies have seen a 30% reduction in energy within the first three months of using AI.
Jürgen also discusses how AI technology can empower workers and how it is there to increase capacity and sustainability, not to steal jobs. AI is a great tool that humans should not be scared of but excited about.
If you enjoyed today’s show, please leave a 5-star review. For more information and links to all of the resources mentioned in today’s episode, visit operations1.com.
Resources:
- Jürgen Schmiezek, LinkedIn - https://www.linkedin.com/in/juergenschmiezek/
- Tvarit, LinkedIn - https://www.linkedin.com/company/tvarit/
- Tvarit, Website - https://www.tvarit.com/
- Benjamin Brockmann, LinkedIn - https://www.linkedin.com/in/benjamin-brockmann
- Operations1, Website - https://operations1.com/en
- Operations1, LinkedIn - https://www.linkedin.com/company/operations1/
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