Friday, 24 March, 2023

Godrej & Boyce to become AI-led firm

<p>Poorav Sheth, Godrej &amp; Boyce&#39;s CDO, said ML models help throughout the recommendation to the production planner and an AI engine that does demand forecast for the firm which helps in raw material procurement. Data analytics help to improve OTIF by 90-95% and the profitability margin substantially. Seth mentioned that the benefits helped the company justify massive investments in data and analytics.</p>