AI is already being used for process improvement today in a wide variety of ways
AI is already being used to improve processes in varied ways, with more than half of Process and Operations leaders currently using AI for both continuous improvement and process automation.
These were the top three use cases cited:
1. Continuous improvement: 52% of process leaders say they’re using
AI to monitor operational data in real-time and drive continuous process improvement. What’s more, an additional 43% expect to be doing this in the next 12 months.
- Discover how Ingka Group, an IKEA retailer, is applying AI-powered Process Intelligence across Order Management, Procurement, Accounts Payable, and Accounts Receivable, in a drive for continuous improvement.
2. Process automation: 51% are already using AI to automate their processes, while 44% are planning on starting in the coming year. AI-powered process automation is likely to be a priority area for Process and Operations teams moving forward, with 89% of leaders saying intelligent automation will unlock more value than anything else in the next five years.
- See how Campari Group uses intelligent automation to streamline its Accounts Receivable process
3. Data-driven decision-making: 46% are currently using AI to generate the insights they need to enable data-driven decision-making. And 47% say they intend to begin using AI for this purpose in the next 12 months.
- Find out how Smurfit Westrock uses Process Intelligence and AI to bring clarity and transparency to Maintenance, Production, Finance, and Procurement processes, so it can make informed decisions around Inventory Management and unlock millions in value.
Even in areas where AI use is currently low, there are plans to harness its potential in the near future. While less than a quarter (24%) say they’re using AI to identify process improvement opportunities right now, 65% plan to adopt it imminently.