20 Dec
2018

A New Look on the Food Processing Industry with AI

Significant changes will be noticed in the food processing industry as investments in artificial intelligence are on the agenda of an increasing number CIOs in the coming years.

Artificial Intelligence
A New Look on the Food Processing Industry with AI

With the increasing amount of technology in our daily lives, customers have rising expectations in terms of the unique experience they are seeking. Considerable pressure is put on sales team to spur revenue and increase margin growth all while providing a personalized experience to current and future clients. The way business is conducted in the food processing industry is being redefined and rejuvenated with the rise of smart factory technologies, cross-channel selling and smooth, effortless experiences.


 

Artificial Intelligence and machine learning ought to be the path to follow in a near future to take full advantage of the predictive insights derived from the collected data and ensure that an optimal experience is delivered to customers.

 

In an article written for manufacturing.net, Matt Bennett, Director, Strategic Consulting for PROS Inc., put forth four benefits that can be associated with the implementation of AI and machine-learning algorithms and there are the following:

  1. Predict churn with existing accounts
  2. Personalize product and price offers
  3. Uncover inconsistent purchase patterns with outlier algorithms
  4. Identify cross-sell opportunities through connection and consistency algorithms

 

AI will represent a crucial investment for food manufacturer who wish to see an increasing number of sales and a significant revenue growth. Other than making operations more fruitful, efficient and lucrative, it'll also contribute to providing a frictionless experience to clients.

 

To read more on the aforementioned benefits stated by Matt Bennett and his approach to AI in the industry, click here.

Want to learn more?
Download the ebook
Related blog articles

Related articles

Back to the blog
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
21
Aug 2019

Le partenariat qui fait toute la différence !

French
18
Apr 2019

Industrie Agro-alimentaire: Les vraies opportunités résident dans l'intelligence artificielle

French
15
May 2019

Un nouveau regard sur l'industrie de la production alimentaire avec l'intelligence artificielle

French

Related articles

Back to the blog
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
3
Jul 2024

Comprendre maîtriser la formule de cadence pour calculer efficacement le taux de production

Plongez dans les calculs de taux de production dans le secteur manufacturier avec Worximity. Maximisez l'efficacité de votre production grâce à notre formule de cadence facile à suivre.

French
11
Jun 2024

Calcul de la cadence dans le secteur manufacturier : maximiser l'efficacité

Calculer la cadence peut être plus compliqué que vous ne le pensez! Apprenez quelques trucs et astuces en lisant cet article de blogue

French
23
May 2024

Exemples de Lean Manufacturing provenant des principaux leaders de l’industrie

La mise en œuvre du Lean Manufacturing peut vous apparaître comme un défi colossal. En regardant ce que les meilleurs ont accompli en appliquant les principes du Lean Manufacturing, vous serez à la fois inspirés et motivés.

French