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Soaring into the Future: Assert AI Takes Flight with Falcon, India’s First AI Vision Drone

November 30th, 2023 | Blog 30th, November at 1:37 PM

We are thrilled to share some groundbreaking news that unfolded at the recently concluded India Warehousing & Logistics Show 2023 at Nesco, Goregaon. We proudly unveiled our latest innovation – Falcon, an AI drone that is set to redefine the landscape of logistics and warehousing in India.

Soaring into the Future

The excitement in the air and the buzz of industry leaders converging, made apt setting for Assert AI to proudly launch Falcon, making history as the first company in India to introduce an AI Vision drone. The event served as a pivotal platform, and we emerged as true trailblazers, pushing the boundaries of innovation both within our country and beyond.

Massive Traction at Expo from Industry Giants

Assert AI made a groundbreaking mark by unveiling India’s first AI Vision drone. Falcon, showcased amidst the bustling atmosphere of the event, became an instant focal point, capturing the attention of industry leaders and professionals alike. Notable figures from esteemed companies such as Aditya Birla Group, Reliance Industries, Asian Paints, and other key players graced the occasion, underlining the collective acknowledgment within the industry of Falcon’s pivotal role in redefining the trajectory of inventory management in the warehousing sector. The event served as a platform for showcasing the transformative capabilities of Assert AI’s cutting-edge technology, highlighting its potential to revolutionize and streamline operations in the sector. The Falcon’s debut marked a significant milestone, sparking discussions and paving the way for a new era of efficiency and innovation in the logistics landscape of India.

Let’s dive into what makes Falcon the game-changer in the world of warehousing:

Falcon’s Features

  • Computer Vision Integration: Falcon is not your average drone. It incorporates cutting-edge computer vision technology, revolutionizing warehouse functioning by simulating human vision, mitigating human errors, and minimizing redundancy through its advanced automation capabilities.
  • Semi-Autonomous Navigation: Falcon navigates through a combination of pre-programmed routes, real-time data analysis, and obstacle detection algorithms. Falcon can semi-autonomously navigate, optimizing routes, can be scheduled, deftly avoiding obstacles in real-time.
  • Patented AI Technology: We take pride in our patented AI technology that powers Falcon, ensuring unmatched performance in inventory management.
  • Data Analytics: Falcon doesn’t just fly; it analyzes. It provides data analytics, empowering businesses to make informed decisions promptly. Falcon seamlessly integrates with Warehouse Management Systems (WMS), ensuring efficient data transfer and enabling near real-time insights for streamlined decision-making in logistics and inventory management.

Applications that Soar

The applications of Falcon in warehousing are nothing short of awe-inspiring.

  • Inventory Management: Falcon revolutionizes inventory management by seamlessly optimizing processes. It ensures precision and efficiency in tracking stock levels, employing advanced technology to streamline operations. This results in accurate data, empowering businesses to make informed decisions and maintain optimal inventory control.
  • Product Mapping: Falcon generates precise product mapping in warehouse bins, enhancing inventory management by efficiently navigating, recognizing, and cataloging items. This optimizes data collection, ensuring real-time accuracy for inventory levels, item locations, and storage conditions, thereby streamlining decision-making processes and enhancing overall warehouse efficiency.
  • Put-Away Audits: Falcon’s autonomous audits during the put-away process contribute to heightened inventory precision, enhancing overall warehouse organization and minimizing discrepancies.
  • Empty Bin Detection: Leveraging advanced vision technology, Falcon not only identifies empty bins promptly but also efficiently locates missing packages, significantly reducing errors and optimizing retrieval processes.
  • OCR: The inclusion of Optical Character Recognition (OCR) capabilities empowers Falcon to swiftly and accurately read labels and barcodes, streamlining the entire inventory tracking process for improved operational efficiency.
  • Object Counting: Falcon’s prowess in precision counting extends to both individual objects and boxes, eliminating the need for manual counting. This ensures real-time, reliable inventory data, minimizing errors and facilitating more informed decision-making in managing stock levels.

We’re not just launching a drone; we’re launching a revolution. Falcon is more than a product; it’s a testament to Assert AI’s commitment to pushing the boundaries of innovation. We’re excited about the journey ahead as we continue to redefine what’s possible in the world of AI and logistics.

Stay tuned for more updates as we soar into the future with Falcon!

Peering into the Future: Supply Chain Dynamics 2024

November 7th, 2023 | Blog 7th, November at 8:02 AM

The landscape of supply chain management is ever-shifting, and the year 2024 promises to be a pivotal moment in this journey. As we gear up for the challenges and opportunities ahead, let’s explore the trends that will reshape the industry’s priorities and strategies.

The Unravelling of Supply Chain Priorities

Unravelling of Supply Chain Priorities

1. The Cost Conundrum

In today’s economy, cost management is a battle many companies face head-on. The supply chain stands as a formidable ally in the quest to manage or reduce costs. Optimizing transportation, warehousing, and inventory management is the key. Leveraging strategies like optimized routing, shipment consolidation, and the adoption of cutting-edge automation technology can significantly reduce costs. Streamlining warehouse operations, reducing operational costs, improving efficiencies and enhancing throughput add to the arsenal. The formulaic science behind cost reduction is also based on optimizing inventory levels for improved cash flow and profitability.

2. Automation, Analytics, and the Supply Chain

Automation is the force reshaping the supply chain landscape. Companies are rapidly adopting technologies like artificial intelligence, computer vision, drones, and robotics to automate processes, enhance efficiency, and trim costs. Automation, in all its forms, empowers companies to streamline operations, minimize errors, and boost overall productivity. The analytical prowess of machine learning and data-driven insights is the compass guiding companies to identify inefficiencies and steer toward improved decision-making.

3. The Unison of Planning

In an interconnected world, supply chain planning needs to be a harmonious symphony. Companies must bridge the planning gap across departments, partners, and suppliers. Collaborative integration ensures a seamless flow of goods and services. Sharing insights and coordinating activities are the bedrock for optimizing supply chain operations, reducing lead times, and elevating customer service.

4. The Quest to Trim Inventory

Effective inventory management is the cornerstone of a well-oiled supply chain. Excess inventory can hold up capital, inflate costs, and undermine profitability. Balancing the scales through optimized inventory levels, aligning supply with demand, and taming the specter of stockouts is the name of the game. With the aid of demand forecasting and inventory management tools, companies can strengthen inventory planning, slash excess stock, and accelerate their cash flow.

5. Embracing Sustainability and ESG

Sustainability is the new cornerstone, impacting customers, investors, and regulators. Adhering to sustainable practices and the adoption of Environmental, Social, and Governance (ESG) criteria can polish a company’s brand reputation, court customers, and secure long-term success.

The Pioneering Solutions

The Pioneering Solutions

With these priorities in mind, let’s unveil the top solutions companies are ardently embracing to turbocharge their supply chain performance.

1. End-to-End Visibility: The essence of supply chain management lies in tracking goods and services from their origin to the final destination. Real-time visibility through computer vision is the vanguard, delivering real-time insights, identifying bottlenecks, and elevating customer service.
2. Supply Chain Planning: Demand forecasting, capacity planning, and production scheduling algorithms are the wizards in optimizing supply chain operations. Offering precise forecasting, predictive maintenance, diminished lead times, and a tighter rein on stockouts.
3. The Power of Demand Forecasting: An elemental component of inventory management, demand forecasting stands as a lighthouse. It uses historical data, market trends, customer behaviour and even insights generated through visual inputs that never existed before, to illuminate the path of accurate demand prediction, optimizing inventory levels, nurturing cash flow, and bolstering profitability.
4. Network Optimization: Crucial for a cost-efficient voyage and improved customer service, network optimization tools are the compass. They help streamline routing, optimize vehicle lifecycle, shrink transit times, and elevate delivery performance. All of which translates to cost reduction, customer satisfaction, and a competitive edge.
5. Inventory Management Solutions: Inventory management is the heart of supply chain management. Companies wielding these tools can fine-tune inventory levels, unmask slow-moving items, and harmonize reorder points. Investing in these solutions means curbing excess inventory, minimizing stockouts, and improving overall supply chain efficiency.

AI Pioneers in Supply Chain Management: Unveiling the Numbers

AI Pioneers in Supply Chain Management

In the realm of supply chain management, the adoption of artificial intelligence (AI) is a tale that’s still unfolding. According to a recent report from MHI and Deloitte, a mere 12% of businesses have taken the plunge into AI integration in their supply chain operations. To add to the intrigue, AI has witnessed a rather unexpected shift in its disruptive potential. It’s no longer reigning as the undisputed champion; it now sits in fourth place, bowing to sensors and automatic identification, as per the same study’s latest edition.

But what lies beneath these numbers? A McKinsey global survey endeavours to unravel this enigma. The survey delves into the cost and revenue impact of AI adoption across 33 use cases and eight business functions, including the realm of supply chain management. The findings are nothing short of intriguing. A majority of early AI adopters (63%) have witnessed revenue increases, and nearly 44% have reported significant cost savings.

The spotlight falls on the high performers, where the impact is truly profound. They are three to four times more likely to report seismic shifts exceeding ten percent in terms of both revenue and cost metrics. The numbers tell a compelling story: 63% of these high performers experience notable revenue bumps, and a closely following 61% achieve commendable cost reductions. The AI trailblazers are silently but decisively reshaping the supply chain landscape. It’s not just about the numbers; it’s about a new era dawning in supply chain management.

The Enigmatic Rise of Elastic Logistics

Lean processes have paved the way, but in this new era, supply chains demand an elastic touch. Elastic logistics ushers in the ability to adapt to market fluctuations seamlessly. Artificial intelligence offers the dexterity required to adjust with minimal disruption.

Elastic logistics extends its reach to variables like sailing schedules, carrier space, container usage, and route optimization. This flexibility is a sturdy shield against the tides of overstocking and underutilized vessel space, bestowing businesses with stability and a competitive edge.

The IoT Revolution

Beyond blockchain, the rise of IoT devices is revolutionizing the visibility of supply chains. From the wings of airplanes to the wheels of trucks, video analytics provides real-time updates on shipping and delivery. IoT in warehouses and retail outlets is amplifying visibility across production, inventory management, and predictive maintenance. These real-time insights pave the way for proactive customer service, minimal downtime, and an overall hike in supply chain efficiency.

By integrating IoT data with business intelligence software, companies are endowed with the gift of data-driven decisions. Such integrations enable companies to make informed choices in their supply chain strategies.

The Overture to Transparency and Visibility

Consumer concerns regarding the impact of modern business on society have catalysed the demand for increased transparency. Companies are now stepping into the spotlight, shedding light on the sustainability of their supply chains and efforts to reduce their carbon footprint. The journey, however, is not yet complete. Further transparency regarding the supply chain’s impact on various facets of society is imperative.

A paradigm shift in global trade practices may usher in mandatory corporate disclosures related to various supply chain practices. Companies will have to offer insights into the impact of their supply chains on areas such as job creation, sourcing practices, labour types, and transportation modes. Disclosing this data will not only enhance brand image but also ensure regulatory compliance.

Maintaining transparency and readiness in the face of supply chain disruptions is the hallmark of a resilient, forward-thinking supply chain.

As we venture further into 2024, the supply chain landscape is brimming with transformation. Elastic logistics, the IoT revolution, transparency, and visibility are set to be the cornerstones of the new era. The path to success lies in embracing these changes and adapting to thrive in a dynamic and ever-evolving market.

Enhancing Workplace Safety: Navigating India’s Occupational Safety, Health, and Working Conditions Code, 2020

October 5th, 2023 | Blog 5th, October at 12:57 PM

The Occupational Safety, Health, and Working Conditions Code, 2020 (OSHWC Code) represent a significant milestone in India’s industrial regulations landscape, emphasizing the welfare and safety of workers. This comprehensive code, replacing the Factories Act of 1948, addresses various aspects, including working conditions, young worker employment, and overall worker well-being across manufacturing, processing, and production facilities.

Enhancing Workplace Safety

Streamlining Labor Laws and the Role of Technology

The OSHWC Code’s most notable feature is its integration of 13 existing labour legislations into a single, simplified framework. By reducing the number of sections from 622 to 134, it aims to streamline compliance and ensure uniformity in regulations. In this context, technology, such as computer vision, which can aid in simplifying and enhancing compliance procedures, becomes particularly relevant.

Scope and Applicability

The OSHWC Code applies to a wide range of establishments, including those with ten or more workers in various industries like manufacturing, construction, and transportation. Its comprehensive approach also extends to contract laborers in government offices, ensuring safety across diverse work environments. Real-time monitoring of safety in these varied settings can be instrumental in offering real-time insights into compliance.

Simplified Registration and Digital Records

Under the OSHWC Code, new establishments must register within 60 days of commencement, simplifying registration processes. Furthermore, the emphasis on digital record-keeping aligns with the era of technology. Vision based emerging technologies help automate and digitize record-keeping, ensuring accuracy and accessibility while reducing administrative burdens.

Occupational Safety and Health Advisory Boards and Technological Insights

The establishment of advisory boards at national and state levels to enhance safety standards is a key feature of the OSHWC Code. These boards consist of experts who advise on safety regulations, making workplaces safer. Advisory boards can now make informed decisions based on valuable data and insights generated through AI based dashboards that are comprehensive, real-time and accurate.

Inspector-Cum-Facilitator and Technology’s Role

Inspector-Cum-Facilitators, empowered by the OSHWC Code, play a crucial role in enforcing safety, health, and welfare regulations. Technology, particularly computer vision, can assist these inspectors by automating inspections, identifying potential hazards, and ensuring compliance.

Special Provisions and Technology Customization

The OSHWC Code introduces special provisions tailored to the unique needs of various worker categories. Here, technology can be customized to address specific concerns. For example, computer vision can aid in monitoring the welfare and safety of women employees in line with the code’s provisions.

Threshold Amendments and Data-Driven Adaptation

Amendments to thresholds within the OSHWC Code reflect the evolving workforce dynamics. Data-driven capabilities of AI technology help organizations adapt to these changes by providing insights into compliance and safety in real-time.

Penalties and Preventive Technology

Strict penalties for code violations underscore the importance of adherence to safety and health regulations. To avoid penalties, organizations can leverage preventive technologies such as:

OSHWC Code marks a crucial step toward ensuring worker safety and welfare. Embracing technology, especially computer vision with its relevant use cases, can enhance compliance, monitor safety, and ensure that the standards set by the code are not only met but exceeded. As industries evolve, so should our commitment to safety and compliance, embracing the tools and innovations available to us.

Unlocking Warehouse Efficiency: A Comprehensive Guide to Calculation and Optimization

September 22nd, 2023 | Blog 22nd, September at 8:31 AM

In the bustling world of supply chain management, warehouse efficiency stands as a critical determinant of success. Streamlining operations within a warehouse environment not only reduces costs but also enhances customer satisfaction through timely deliveries. This guide delves into the intricacies of calculating and optimizing warehouse efficiency, offering actionable insights to propel your logistics operations to new heights.

Understanding Warehouse Efficiency

Key Metrics

Efficiency in a warehouse hinges on the ability to accurately measure and analyse various key metrics. These metrics provide valuable insights into different aspects of your warehouse operations, helping you identify areas for improvement and make informed decisions. Here’s an elaboration on the key metrics that contribute to understanding warehouse efficiency:

  • Inventory Turnover Rate: Inventory turnover rate is a critical metric that indicates how effectively your inventory is managed. It measures how frequently your inventory is replenished within a specific time frame, usually a year. The formula to calculate it is:

    Inventory Turnover Rate = Cost of Goods Sold (COGS) / Average Inventory Value

    This metric shows how quickly inventory is sold and replaced. A high turnover rate suggests efficient inventory management and optimal stock levels, while a low rate might indicate overstocking or sluggish sales.

  • Order Picking Accuracy: Order picking accuracy is a crucial metric for customer satisfaction and operational excellence. It calculates the proportion of orders that are accurately picked and fulfilled. The formula is:

    Order Picking Accuracy = Accurately Picked Orders / Total Number of Orders

    This metric highlights the accuracy of your order fulfilment process. Higher accuracy reduces returns, improves customer trust, and minimizes disruptions caused by incorrect shipments.

  • Storage Space Utilization: Optimizing storage space is pivotal in warehouse efficiency. Storage space utilization measures the efficiency of your warehouse layout and storage practices. The formula is:

    Storage Space Utilization = (Occupied Storage Space / Total Available Space) * 100

    A high utilization percentage indicates efficient space usage, while a low percentage suggests potential inefficiencies such as underutilized areas or poor layout planning.

  • Dock-to-Stock Cycle Time: Dock-to-stock cycle time assesses the speed at which goods move from the receiving dock to being available in stock and ready for order fulfilment. The formula is:

    Dock-to-Stock Cycle Time = Time of Placement in Stock – Time of Arrival

    This metric reveals the efficiency of your receiving process and how swiftly incoming goods are processed and made available for customers. A shorter cycle time improves order fulfilment and reduces waiting times for customers.

By understanding and closely monitoring these key metrics, you gain a comprehensive view of your warehouse’s performance. Analysing these metrics collectively and in relation to each other helps you identify areas where improvements can be made, fostering overall warehouse efficiency and contributing to your business’s success.

Efficiency Calculation Steps

Efficiency Calculation Steps

Efficiency calculations in the warehouse involve a comprehensive process that examines various aspects of your operations. These steps shed light on critical areas for improvement and optimization, ensuring a streamlined and productive environment. Here’s an elaboration on the efficiency calculation steps:

  • Gather Data: Collecting accurate and relevant data is the foundational step in efficiency calculation. This data encompasses a range of factors such as inventory levels, order processing times, storage capacities, and other pertinent metrics. This information provides the raw material for subsequent analyses and insights.
  • Determine Throughput Time: Throughput time is a crucial metric that evaluates the time taken for a product to traverse the entire warehouse process – from the moment it’s received to the point it’s shipped to the customer. By calculating throughput time, you pinpoint the efficiency of your entire operation’s flow, identifying potential areas for optimization.
  • Calculate Lead Time: Lead time is a key indicator of your ability to meet customer demands promptly. It measures the time interval between receiving a customer order and successfully delivering the product. This metric helps you assess whether your operations align with customer expectations and identify opportunities for faster order fulfilment.
  • Compute Storage Costs: Warehousing involves costs beyond inventory – these include rent, utilities, and maintenance expenses. Calculating storage costs enables you to understand the financial implications of inventory management. This knowledge empowers you to make informed decisions regarding inventory levels, space utilization, and budget allocation.
  • Evaluate Labor Efficiency: Your workforce plays a pivotal role in warehouse efficiency. Evaluating labour efficiency involves analysing the time taken for various tasks performed by your staff. This assessment helps you identify bottlenecks, allocate resources more effectively, and implement strategies to optimize labour productivity.
  • Analyse Order Fulfilment: The order fulfilment process is a critical juncture where efficiency directly impacts customer satisfaction. Analysing order processing times, accuracy in order picking, and delivery timelines offers insights into operational bottlenecks and areas that require improvement. Optimizing this process enhances customer experience and reduces errors.

By methodically progressing through these efficiency calculation steps, you gain a comprehensive understanding of your warehouse’s strengths and areas for enhancement. Armed with this knowledge, you can implement targeted strategies to improve throughput, reduce lead times, optimize labour usage, and enhance overall warehouse operations. This commitment to constant improvement drives your warehouse towards peak efficiency and ultimately bolsters your business success.

Optimizing Warehouse Efficiency

Efficiency Calculation Steps

Strategies
Efficiency optimization within a warehouse is an ongoing pursuit, requiring strategic interventions to enhance operations and reduce waste. These strategies focus on critical aspects that impact the flow of goods, from inventory management to embracing cutting-edge technologies. Here’s an elaborate exploration of the key strategies for optimizing warehouse efficiency:

Inventory Management
Implementing an ABC analysis is a cornerstone of efficient inventory management. This categorization classifies inventory items based on their value, with A-items being high-value, B-items moderate, and C-items lower in value. This allows you to allocate resources, storage space, and handling efforts based on the significance of each category, ensuring that resources are optimized where they matter the most.

Layout and Organization
The warehouse layout is a strategic playground for efficiency enhancement. By optimizing the warehouse layout, you reduce travel distances for order pickers, minimizing the time they spend moving from one end to another. This reduces the chances of errors, improves order fulfilment speed, and overall streamlines operations, saving time and resources.

Technology Integration
Embracing technology is a game-changer in optimizing warehouse operations. Integrate advanced solutions like Warehouse Management Systems (WMS), Radio-Frequency Identification (RFID), and Internet of Things (IoT) devices. These technologies enable real-time tracking, automated data capture, and enhanced visibility into inventory movement, helping in accurate order fulfilment and efficient resource allocation.

Cross-Docking and Slotting
Cross-docking is a strategy that expedites the movement of goods. In this process, incoming goods are unloaded from incoming vehicles and immediately loaded onto outbound ones, minimizing storage time. Additionally, employing slotting strategies allocates storage space effectively based on factors like item demand, picking frequency, and storage characteristics, optimizing space utilization and reducing unnecessary movement.

Continuous Improvement
The pursuit of warehouse efficiency is a dynamic endeavour. Regularly analyse performance metrics such as order processing times, inventory turnover rates, and order accuracy. Encourage employees to provide feedback on operational challenges and bottlenecks they encounter. With these insights, implement changes and continuously improve processes to align with evolving demands and to sustain enhanced efficiency levels.

As you explore and implement these strategies, remember that optimizing warehouse efficiency is a multifaceted journey. It requires a combination of strategic planning, technological innovation, and a commitment to ongoing improvement. By adopting these strategies, you not only enhance the operational efficiency of your warehouse but also position your business for improved customer satisfaction and sustained growth in a competitive market landscape.

Elevating Warehouse Efficiency for Future Success

In the intricate world of supply chain management, warehouse efficiency serves as the cornerstone of operational excellence. Throughout this journey, we’ve delved into the intricate tapestry of strategies and calculations that contribute to unlocking the full potential of your warehouse operations. As we wrap up this exploration, let’s encapsulate the essence of warehouse efficiency and its profound impact on your business success.

A Multidimensional Endeavor
Warehouse efficiency is far from a singular pursuit. It involves a dynamic interplay of factors, from meticulous calculations of key metrics to the strategic implementation of optimization strategies. This multidimensional approach ensures that every aspect of your warehouse’s functionality contributes to overall efficiency.

Metrics That Illuminate
Key metrics, such as inventory turnover rate, order picking accuracy, storage space utilization, and dock-to-stock cycle time, serve as guiding lights in the pursuit of efficiency. These metrics provide insights into the health of your warehouse operations, offering tangible data to measure performance and identify areas for improvement.

Strategies That Transform
The strategies outlined, from inventory management based on ABC analysis to technology integration and continuous improvement, present a roadmap for transformation. By optimizing inventory allocation, leveraging cutting-edge technologies, and committing to perpetual enhancement, you carve a path toward streamlined operations and cost savings.

Customer Satisfaction as a North Star
Efficient warehouses aren’t just about reducing costs; they directly impact customer satisfaction. A well-organized warehouse ensures that orders are processed accurately, swiftly, and with utmost precision. This translates into timely deliveries, reduced errors, and ultimately, delighted customers.

Positioning for Growth
As you enhance your warehouse’s efficiency, you’re not just minimizing costs but strategically positioning your business for sustained growth. A lean and agile warehouse operation and automation responds effectively to market changes, scales with demand, and lays the foundation for expansion and diversification.

In the competitive landscape of modern logistics, where customer expectations are high and operational margins are critical, warehouse efficiency emerges as a pivotal differentiator. By investing in meticulous calculations, strategic planning, and the deployment of innovative technologies, you’re not just optimizing your warehouse – you’re paving the way for future success. As your operations flow seamlessly, costs are optimized, and customer experiences are elevated, your business stands poised to thrive and flourish in the ever-evolving market.

Assert AI Welcomes Tony Milando to Our Advisory Board: Adding a Visionary Leader to Our Journey

September 11th, 2023 | Blog 11th, September at 12:07 PM

At Assert AI, we are thrilled to announce a new addition to our family. Tony Milando, an accomplished executive with over 30 years of experience across consumer and industrial sectors, is joining our Advisory Board. His arrival marks an exciting chapter in our quest to innovate and revolutionize the world of computer vision and AI. Let’s delve into the reasons behind this significant development and what it means for our journey ahead.

Tony-Milando

Why Tony Milando?

Tony’s rich and diverse background in senior roles within major organizations speaks volumes about his expertise in manufacturing, supply chain, continuous improvement, and mergers and acquisitions. He has been at the forefront of pioneering productivity savings, enhancing sourcing strategies, improving safety records, and optimizing working capital throughout his illustrious career.

As the former CSCO of Xylem, Inc, a global water technology giant, and through his senior roles at Stanley Black & Decker, Tony consistently delivered exceptional results and forged a reputation for being a transformative leader.

A Commitment to Excellence

At Assert AI, we believe that our journey towards becoming a leader in computer vision technology is not just about technology but also about the people who drive it. Tony’s dynamic leadership, combined with his strategic acumen and the ability to foster high-performing teams, aligns perfectly with our mission to bring AI-driven innovations to real-world applications.

The Future Looks Bright

With Tony Milando on board, we are gearing up for an exciting phase of growth and innovation. Assert AI, as an industry leader, is set to further fuel excellence in business optimization. We are committed to pushing the boundaries of computer vision technology and delivering transformative change across industries.

In the world of AI and computer vision, success lies not just in cutting-edge technology but in the visionaries who drive it. Tony Milando’s presence on our Advisory Board signifies our commitment to shaping the future of AI. We eagerly anticipate the insights, guidance, and transformative leadership he will bring to Assert AI.

Stay tuned as we continue our journey towards a future filled with AI-driven possibilities.

Embarking on an Artful Odyssey: Transforming Business Growth with AI Innovation

August 29th, 2023 | Blog 29th, August at 2:02 PM

Discover the Potential of AI in reshaping industries and propelling organizations to new heights

In the realm of modern business where growth strides hand in hand with innovation, a silent catalyst is orchestrating an awe-inspiring transformation – Artificial Intelligence (AI). Let’s unravel the strategic symphony of technological significance in nurturing Business Growth with AI. As we set sail, we’ll navigate through the AI archipelago, discovering how paramount solutions are igniting industry metamorphosis, cultivating innovation, optimizing operations, crafting unforgettable customer journeys, and weaving captivating narratives of customer experiences that linger in memory. This expedition promises a vista of endless possibilities and a horizon painted with the hues of progress.

AI: The Artisan of Business Growth

AI: The Artisan of Business Growth

Imagine a digital alchemist wielding data as its canvas, painting intricate patterns of insight-driven decisions. That’s the AI magic! This enchanted sorcery curates strategic blueprints, reshaping business growth dynamics. Its tale isn’t just about machines; it’s about unveiling human potential through data-driven wisdom.

  • The Oracle of Insights: AI is the oracle of a modern Delphi, deciphering colossal datasets to unveil growth strategies obscured to the human eye.
  • Customer Enchantment: AI becomes a personal concierge, crafting unique customer experiences like a bespoke tailor crafting exquisite suits.
  • Operational Choreographer: AI orchestrates a digital ballet, elegantly aligning resources, enhancing efficiency, and relegating mundane tasks to digital automatons.
  • The Prodigy Predictor: AI is a modern-day Nostradamus, gazing into the digital crystal ball to foretell trends and guide future ventures.
  • Innovation Muse: AI is the artist’s muse, conjuring inspirations that transcend code and pixels – giving birth to inventive ideas.

AI Gems that Illuminate the Path Ahead

AI Gems that Illuminate the Path Ahead
  • Computer Vision: Crafting Visions into Reality: Computer Vision is an artist with a technicolor palette, transforming raw images and videos from CCTV and drone outputs into actionable insights. It scrutinizes production lines for anomalies in manufacturing, enhances operational efficiency in the warehousing sector, enhances retail experiences with augmented reality for fashion brands, safeguards infrastructure through predictive maintenance in energy sectors, guides autonomous vehicles for transportation companies, and empowers healthcare with rapid diagnostics.
  • Data Mastery in Marketing: Natural Language Processing: NLP orchestrates data harmoniously for tailored marketing campaigns. It refines communication and content, personalizes recommendations for entertainment streaming services, customizes financial advice for fintech platforms, optimizes content for SEO in digital marketing agencies, and sharpens sentiment analysis for social media strategies in consumer brands.
  • Chatbots: Guardians of Customer Empathy: Chatbots are a guardian angel, soothing customer queries with an omnipresent digital embrace. They streamline hotel bookings in the hospitality sector, facilitate online shopping assistance for retail brands, expedite insurance claims processing for insurance companies, provide medical information in healthcare, and deliver instant banking support for financial institutions, ensuring 24/7 connectivity.
  • The Art of Possibility: Generative AI spans diverse applications, crafting dynamic business plans, generating engaging written narratives for content creation, producing intricate visual art for creative industries like advertising and design, automating code creation for software development companies, and sparking innovation across sectors, from architecture to manufacturing.

Also Read: How Computer Vision Can Help Dodge the Revenue Loss for Manufacturing Plants

Embracing AI: Your Odyssey Begins

Embracing AI: Your Odyssey Begins
  • Strategic Insights: Just as a seasoned business strategist deciphers intricate challenges, AI operates as a digital analyst, uncovering insights from complex data landscapes. Identify how AI can fuel growth by aligning its capabilities with strategic objectives, unraveling opportunities that might otherwise remain hidden.
  • Tailored Solutions: Choose AI solutions for business customized for your industry’s distinct requirements. This ensures that AI’s potential is harnessed optimally, addressing precise needs and enhancing operational efficiency.
  • Data Excellence: Data is the bedrock of AI’s impact. Refine and curate your data to ensure it’s accurate, relevant, and capable of supporting an effective AI implementation.
  • Empowering Teams: Equip your teams with insights into AI’s potential. Transform them into navigators who can skillfully steer the ship of growth and innovation, leveraging AI’s capabilities to their fullest extent.
  • Measured Implementation: Embrace AI gradually, starting with a small-scale implementation. Evaluate its impact, learn from the experience, and then expand its integration, all in a carefully planned manner. Just as pioneers meticulously chart unexplored territories, ensure your AI journey is guided by strategic precision.

The narrative of AI isn’t just about algorithms; it’s about writing a saga where growth is etched by intelligence. The dawn of AI doesn’t just signify a new era; it’s a voyage – an odyssey where innovation isn’t just a choice, but a creed for transformation. So, esteemed trailblazers of the corporate realm, take the helm, and let AI be your North Star on this epic journey of growth.

Angshuman Rajkhowa Joins Assert AI’s Advisory Board to Drive Transformative Solutions in Computer Vision and AI

August 10th, 2023 | Blog 10th, August at 10:50 AM

[Mumbai, 10/08/2023] – Assert AI, a rapidly growing AI startup specializing in computer vision and AI solutions, proudly announces the addition of Angshuman Rajkhowa to its Advisory Board. Leveraging his extensive cross-industry and cross-functional experience, Mr. Rajkhowa will play a pivotal role in shaping Assert AI’s strategic direction and Go-To-Market initiatives.

“I am excited to join the dynamic team at Assert AI, where innovation and cutting-edge technologies converge,” states Angshuman Rajkhowa. “Together, we will revolutionize industries worldwide through transformative solutions.”

“At Assert AI, we are committed to innovation and excellence,” says Job Philip, CEO of Assert AI. “Angshuman’s ability to strategize, develop, and deliver solutions aligns seamlessly with our mission to provide cutting-edge computer vision solutions.”

Angshuman Rajkhowa’s proven track record in developing unconventional solutions demonstrates his ability to identify opportunities and steer growth. He brings a wealth of experience from global institutions, including Royal Bank of Scotland, ABN AMRO, Standard Chartered, Australia and New Zealand Banking Group, and Citicorp.

“Angshuman Rajkhowa’s addition further solidifies our position in the industry,” emphasizes Shalabh, CoFounder and Business Head North America at Assert AI. “His expertise and insights will help us create tailored solutions meeting evolving client needs.”

Assert AI is a rapidly growing startup that specializes in cutting-edge computer vision and AI solutions. By leveraging advanced artificial intelligence technologies, the company is at the forefront of transforming industries and driving innovation. With a focus on excellence and collaboration, Assert AI is poised to lead the way in revolutionizing video analytics and computer vision solutions worldwide.

Angshuman

Revolutionizing Guest Experience: How Computer Vision can Transform a Water Park Resort

August 2nd, 2023 | Blog 2nd, August at 12:01 PM

The realm of amusement park management is all about creating exhilaration, laughter, and unforgettable moments. But what if we told you that these thrills could be taken up a notch? Picture a domain where queues become a distant memory, crowds flow seamlessly like clockwork, and service moves as swiftly as the fastest water slide. This isn’t a mere fantasy – it’s the tangible reality crafted by the extraordinary capabilities of computer vision, ushering in a new era of amusement park optimization.

Imagine a fusion of innovative prowess and customization, where AI algorithms adapt and evolve in real-time, seamlessly aligning with the ever-changing dynamics of an amusement park. This is the promise that customizable AI algorithms bring to the table – a symphony of precision and flexibility that ensures queues are managed, crowds are navigated, and services are seamlessly delivered.

A Splash of Innovation: Revolutionizing Guest Experience

Step into the shoes of a water park enthusiast, ready to plunge into a day of excitement. Thanks to computer vision, this adventure unfolds with unprecedented smoothness. No longer are guests bogged down by long lines or frustrating waits. Instead, they’re greeted by a meticulously orchestrated experience where their time is maximized for fun, not queuing.

Behind this seamless experience lies the magic of computer vision. Cameras positioned strategically throughout the park constantly monitor and measure queue lengths in real-time. As demand surges, the technology dynamically triggers the opening of new check-out counters, ensuring guests’ moments of anticipation are not eclipsed by moments of frustration.

No More Waiting in Line: Seamlessly Managed Queues

Picture this: families approaching popular attractions with eager anticipation, only to find manageable lines that move swiftly. Computer vision makes this a reality by constantly monitoring and measuring queue lengths in real-time. As demand surges, the technology dynamically triggers the opening of new check-out counters, ensuring that guests’ moments of anticipation are not eclipsed by moments of frustration.

Computer vision processes the continuous stream of camera data, allowing park operators to gauge queue lengths at various attractions. The system’s real-time analysis ensures that the park can respond dynamically to changing demand. Real-Time Queue Monitoring & Dynamic Check-Out Counter Management provides park operators with up-to-the-minute insights, enabling them to take immediate action to alleviate queues and enhance guest satisfaction.

Navigating Crowds with Finesse: Effortless Crowd Control

Navigating Crowds with Finesse: Effortless Crowd Control

Ever wondered how a bustling water park can maintain its rhythm without missing a beat? The answer lies in crowd control powered by computer vision. By analyzing crowd density through heatmapping, the technology guides staff deployment, ensuring that the park’s energy flows harmoniously. It’s a symphony of efficiency that orchestrates an experience free from congestion and chaos. Sophisticated computer vision algorithms process the camera feeds, generating real-time insights into crowd density. This data empowers park operators to optimize staff allocation and keep crowd movements fluid. Crowd density analysis and congestion management powered by AI helps park operators allocate staff resources efficiently, ensuring that the right number of employees are present in high-traffic areas. By identifying areas with high crowd density, computer vision assists in managing congestion and enhancing the overall guest experience.

Swift Service, Happy Guests: Real-Time Alerts in Action

Gone are the days when guests languished in lines, their patience wearing thin. With AI and technological advancements, real-time alerts come to the rescue. The moment queues surpass predefined thresholds or guests wait a tad too long, employees receive notifications to swoop in and save the day. It’s an instant remedy that keeps smiles intact and satisfaction levels soaring. Computer vision algorithms continuously monitor queue lengths and service times, automatically triggering alerts when predefined thresholds are exceeded. Park staff receive these alerts on their mobile devices, enabling them to address any issues promptly. These real-time alerts empower park staff to act swiftly, reducing wait times and ensuring that guests receive prompt and attentive service. By staying ahead of potential service bottlenecks, computer vision’s real-time alerts help maintain operational efficiency throughout the park.

Swift Service, Happy Guests: Real-Time Alerts in Action
Efficiency Unleashed: Streamlining Operations Behind the Scenes

Efficiency Unleashed: Streamlining Operations Behind the Scenes

Behind every memorable water park visit is a world of behind-the-scenes efforts. Computer vision doesn’t just transform guest experiences; it’s a catalyst for operational excellence. With insights at their fingertips, staff allocates resources efficiently, resulting in a finely-tuned operation that optimizes everything from staffing levels to service times. The insights continuously generated by computer vision by analyzing video feeds are delivered in real-time to park operators, facilitating data-driven decision-making. This ensures efficient optimization of staff resource allocation, ensuring that employees are deployed where they are needed most. Also, by analyzing service times, computer vision helps identify areas where operational efficiency can be improved, ensuring guests receive prompt and satisfactory service.

A World of Delighted Guests: Elevating Every Water Park Visit

The power of computer vision technology is more than just data and insights – it’s a promise fulfilled. It’s the laughter of families as they breeze through attractions, the wonder in the eyes of children and adults alike, who spend less time waiting and more time playing, and the sense of satisfaction that permeates every corner of the park. The technology utilizes advanced algorithms to analyze vast amounts of data, providing real-time insights that inform operational decisions, ensuring guest satisfaction remains at the forefront. The seamless and efficient management of queues, ride wait times, and services elevates the overall guest experience, fostering lasting memories. Delighted guests are more likely to return and recommend the park to others, resulting in increased revenues and sustained success.

Towards a Radiant Future: Expanding Horizons with Computer Vision

In our captivating technological tapestry, Computer Vision and customizable AI algorithms, and the grand stage of advanced water parks converge, elevating the essence of amusement park adventures. Here, innovation harmonizes seamlessly with the human touch, shaping a contemporary canvas of amusement park optimization. Customizable AI algorithms integrate seamlessly, creating a symbiotic relationship that enhances amusement park operations and guest experiences. The synergy of computer vision and video data paves the way for continuous improvements in amusement park optimization, offering new possibilities for enhanced guest experiences. The fusion of technology and creativity unlocks endless horizons, promising a radiant future for amusement parks as new use cases and applications emerge.

Towards a Radiant Future: Expanding Horizons with Computer Vision

In the realm of water park adventures, computer vision emerges as an unwavering guiding light, bridging the gap between anticipation and pure exhilaration. It transforms waiting into cherished memories, bestowing an aura of a lifetime’s experience – a universe where innovation and imagination converge, weaving enchanting spells of magic and wonder.

Tangible manifestations of this marvel unfold before us. Queues, once a bane, transform into symphonies of seamless movement as computer vision monitors lengths and opens new check-out counters, ensuring guests flow effortlessly through each attraction.

Ride wait times cease to be mere statistics, evolving into real-time alerts empowering visitors to navigate with precision. AI-powered apps offer virtual park navigation, optimizing routes for minimum wait times and maximum enjoyment.

A comprehensive mobile app, fueled by AI, analyzes ride throughput and wait times, allowing guests to craft their itineraries intelligently. Virtual queue reservations secure spots from anywhere, while computer vision’s safety checks ensure thrilling experiences remain safe.

Even service times come under vigilant technology, with computer vision tracking durations for prompt, seamless interactions. As innovation weaves together, amusement park revenues bloom through optimized operations and elevated guest satisfaction.

As we step into this vibrant future, we celebrate automation’s profound impact. The tapestry of technology, entwined with water park adventures, heralds boundless horizons. A journey where innovation transforms the landscape and elevates joy, leaving us spellbound by endless possibilities that automation brings to the wondrous world of amusement.

How Your Current Quality Control Process is Secretly Draining Your Profits

June 8th, 2023 | Blog 8th, June at 7:31 AM

In today’s fast-paced business landscape, quality control plays a critical role in ensuring customer satisfaction and brand reputation. However, traditional quality control processes often come with hidden costs that can significantly impact operational expenses. In this blog post, we’ll explore the various ways your current quality control process may be impacting your bottom line and how implementing computer vision solutions can save you money while enhancing efficiency and accuracy.

Quality Control Process

The Cost of Human Error: More Expensive Than You Think

Industry statistics reveal that human error accounts for a significant portion of quality control issues, leading to costly rework, product recalls, and dissatisfied customers. According to a study by the American Society for Quality (ASQ), the cost of poor quality can reach up to 15-20% of a company’s total revenue. This means that every mistake made during quality control activities can directly impact your profitability.

Quality Control Process

The Needle in the Haystack: Inefficient Inspection Processes

Traditional quality control often relies on manual inspection processes that involve visually scanning products for defects. This approach is not only time-consuming but also prone to oversight. It’s like searching for a needle in a haystack without a magnet! When a single defective product slips through the cracks, it can lead to customer complaints, returns, and even damage your brand’s reputation.

The Butterfly Effect: How One Defect Can Cause Havoc

Just like the delicate balance in nature, one defective product can cause a ripple effect throughout your supply chain. Imagine a single faulty component used in the manufacturing process of a larger product. If not detected early, it could result in a cascade of defects, expensive product recalls, wasted materials, and a considerable drain on operational costs. The impact is similar to a small butterfly flapping its wings and causing a hurricane on the other side of the world!

Human Limitations vs. Machine Precision: The Battle of Accuracy

When it comes to accuracy, humans have their limitations. Fatigue, distractions, and inherent subjectivity can all affect the consistency and reliability of manual inspections. On the other hand, computer vision solutions powered by AI can analyze vast amounts of visual data in real-time, ensuring precision and accuracy at a level unattainable by human inspectors alone. It’s like comparing a fleet of tireless robots to human inspectors with limited attention spans.

part kitting

Cost-Efficiency Revolution: Embracing Computer Vision Solutions

The good news is that advancements in computer vision technology offer a cost-efficient solution to transform your quality control process. Computer vision systems can autonomously scan and analyze products, detecting even the tiniest defects with unmatched precision. By reducing human error, minimizing inspection time, and optimizing resource allocation, computer vision solutions help businesses cut operational costs while maintaining quality standards.

car assembly

From Reactive to Proactive: Predictive Maintenance

Computer vision systems not only identify defects but also provide valuable insights for predictive maintenance. By continuously monitoring equipment and machinery, these systems can detect signs of wear and tear, enabling businesses to schedule maintenance activities proactively. This shift from reactive to proactive maintenance helps prevent costly breakdowns, extends the lifespan of assets, and optimizes production efficiency.

Building Trust with Customers: Enhanced Brand Reputation

Implementing computer vision solutions not only saves operational costs but also boosts customer satisfaction and brand reputation. By ensuring consistent quality and minimizing defects, you can gain your customers’ trust, leading to higher customer loyalty and positive word-of-mouth. After all, customers value reliable products, and an investment in quality control technology demonstrates your commitment to delivering exceptional value.

Wrap up

Your current quality control process might be silently siphoning away your profits through human error, inefficient inspection methods, and costly defects. Embracing computer vision solutions can help you save operational costs, enhance accuracy, and elevate your brand’s reputation. By leveraging AI-powered technology, you can transform your quality control process into a more efficient, accurate, and cost-effective operation. Remember, investing in the right tools today will ensure a brighter and more profitable tomorrow. So, why wait? It’s time to harness the power of computer vision and revolutionize your quality control process.

How Computer Vision Can Help Dodge the Revenue Loss for Manufacturing Plants

May 18th, 2023 | Blog 18th, May at 5:47 AM

Get ready for the future of manufacturing! The fourth industrial revolution (4IR) is taking the industry by storm, ushering in a new era of technological advancements. From computer vision to artificial intelligence, robotics, and the industrial internet of things (IIoT), 4IR technologies are revolutionizing the way factories operate. This transformation presents a multi-trillion dollar opportunity, paving the way for factories to achieve greater accuracy, efficiency, and safety. Thanks to the power of computer vision, machines can now automate strenuous tasks, detect product and machinery issues, and improve safety conditions for workers by leveraging visual data and converting it to actionable insights. With these cutting-edge technologies at our fingertips, the future of manufacturing is looking brighter than ever!

As competition in the industry heats up, companies are looking for innovative ways to stay ahead of the game. Manual quality inspection processes in manufacturing units are often time-consuming and prone to errors, leading to significant revenue leakage from faulty products and wasted resources. One technology that’s really stealing the show by offering automation? Computer Vision. This amazing AI technology allows computers to see and understand visual data, making it a game-changer for the manufacturing world. By using computer vision to optimize manufacturing processes, businesses can reduce revenue loss, boost productivity, and increase their bottom line.

Computer vision technology is a vital component of Industry 4.0, transforming the way manufacturing plants operate. AI algorithms can be applied to existing CCTV systems or additional drone cameras to reduce revenue loss in manufacturing units by automating quality control and inspection processes. This technology can help identify defects or anomalies in real-time, reducing the need for manual inspections and increasing efficiency and productivity.

Real-world examples and statistics demonstrate the potential value of this technology with estimated ROIs ranging from 10% to 60%. As the manufacturing industry becomes increasingly competitive, computer vision will become a secret weapon to dodge the revenue loss, gain a competitive advantage and take your manufacturing enterprise to the next level.

Assembly Line Optimization

Computer vision can optimize assembly lines by reducing the time and effort required to complete tasks. This technology can detect and track objects, recognize patterns, and analyze data in real-time. This allows manufacturers to identify bottlenecks, improve process flow, and reduce waste. One example of assembly line optimization using computer vision is Ford’s use of the technology to improve their paint job process. Tom Dougan, project manager, global paint applications at Ford said, “We are trying to find things that are almost beyond the threshold of human detection. The operators used to spend 70% of their time searching the vehicle over, maybe finding something, maybe not.”

He continued, “Now, (with computer vision technology), they are able to focus 90% of their time on polishing the vehicle and making sure that it meets our standards for quality.” By using cameras and sensors, they are able to identify and eliminate defects in real-time, reducing their paint rejection rate by 80%.

Assembly Line Optimization

Defect Detection

Another application of computer vision that can identify defects in products, such as scratches, cracks, or missing components. By detecting defects early in the manufacturing process, companies can reduce waste, improve product quality, and avoid costly recalls. By using AI-powered visual inspection, Nestle is able to identify and remove defective and broken products, detect even transparent objects in any position and detect laws, missing spoons etc before they reach the market, reducing their waste by 30%.

Nestle also is using computer vision to boost manufacturing efficiency in some of their KitKat manufacturing lines that are self-regulating. “We have loops in those lines, so they detect the product quality, they measure the attributes of the wafer, for instance, and then they regulate the process back,” said Stefan Palzer, Chief Technology Officer. “So, it’s a self-controlling mechanism. But we are also employing machine learning approach for preventive maintenance. So, that allows us to reduce downtime of our lines”, he added.

Predictive Maintenance

Computer vision can also be used for predictive maintenance, which allows manufacturers to identify and fix potential problems before they cause downtime or breakdowns. This technology can monitor machines and equipment, analyze data, and predict when maintenance will be required. This can save companies time and money by reducing unplanned downtime and avoiding costly repairs. One example of predictive maintenance using computer vision is Siemens’ use of the technology to monitor their gas turbines. By using AI-powered visual inspections, they were able to detect and repair potential issues before they caused downtime, correcting costly mistakes before they occurred, resulting in a 10% increase in turbine availability.

Volkmar Sterzing, Head of RG Learning Systems, Seimens AG states, “We were surprised at how much better the gas turbines could be run this way. To ensure that a gas turbine runs optimally, you always have to search for a balance in which several undesired effects such as combustion dynamics, loss of efficiency and emissions are kept as low as possible. If you improve one variable, you will worsen a different one. Artificial intelligence knows how to find the sweet spot.”

Predictive Maintenance
Quality Control

Quality Control

Finally, computer vision can be used for quality control, which allows manufacturers to ensure that their products meet the highest standards. This technology can analyze visual data, identify defects, and sort products based on their quality. This can help companies reduce waste, improve product quality, and increase customer satisfaction. Coca-Cola’s use of computer vision to ensure quality control using an automated visual AI based system is a real-world example of Computer vision visual inspection that detects liquid level, bottle cap missing, deformed bottles, missing label, and more, reducing their defect rate by 30%.

Estimated ROI of Computer Vision Technology in Manufacturing Sector

The potential return on investment (ROI) of computer vision in manufacturing is a captivating realm with varying outcomes. Delving into the depths of assembly line optimization, we witness ROI spanning from 10% to an astounding 30%. In the realm of defect detection, the ROI ascends to remarkable heights, reaching from 20% to an impressive 50%. As we unravel the prospects of predictive maintenance, ROI manifests within the captivating range of 15% to a staggering 40%. Finally, venturing into the realm of quality control, ROI soars to remarkable levels, encompassing an extraordinary spectrum of 25% to a mind-boggling 60%. These estimations, grounded in real-world examples and compelling statistics, underscore the immense value that computer vision can bring to the manufacturing industry.

Computer Vision Technology

Wrapping up

Computer vision is a powerful technology that can help dodge revenue loss for manufacturing plants. By optimizing assembly lines, detecting defects, predicting maintenance, and ensuring quality control, companies can reduce waste, improve efficiency, and increase profitability. Real-world examples and statistics demonstrate the potential value of this technology, with high ROI. As the manufacturing industry becomes increasingly competitive, computer vision will become an essential tool for companies seeking to gain a competitive advantage.