One Reason Why AI is Becoming Essential in your Business

One Reason Why AI is Becoming Essential in your Business

Artificial Intelligence: An often-intimidating term. We start thinking of robots and computer programs that think for themselves. It might still seem like science fiction, but we actually already use Artificial Intelligence (or AI), in our everyday lives. From targeted marketing to automatic spam filtering.

Business is getting faster and transactions are increasing. AI is a very powerful tool that you can leverage right now to innovate and stay ahead of this trend.

Many systems allow you to execute processes via external inputs. This, combined with AI technology, allows you to automate many different processes on many different systems.

A good example is an implementation at one of our clients to relieve pressure on order processing:

The distributor had problems processing orders. Receipted stock was allocated to the first open order located, regardless of whether it was for the goods received. As a result, purchase order aging was totally out of control, and sales started missing customer orders due to unavailability of stock. Customers started moving their business to competitors at an increasing rate. The lack of control was impacting across the entire business.

This was solved by introducing a First-In-First-Out (FIFO) solution. The AI would monitor stock arrivals, then release the sales orders in the sequence they were placed. This would then instruct the warehouse to pack the orders for delivery. Not only was stock allocated to orders chronologically, orders were processed the moment the stock arrived, greatly speeding up delivery times and minimizing inventory on hand.

As we move into the 4th industrial revolution with transaction speeds increasing all the time, the only way to remain competitive is to automate.

If you want to find out more how you can leverage AI or any automation in your business, contact Marius van der Merwe at marius@fortyone.co.za. We will be happy to analyze of your systems at no cost.

“We spend far too much time complaining about the way things are and forget that we have the power to change anything and everything.” 
– Bozoma Saint John

Why You Can and Should Automate Business Processes Today

Why You Can and Should Automate Business Processes Today

“Automation is to your time what compounding interest is to your money”

Ever got excited about automating a process or adding new software solutions to your operations, only to be put off by the price?

And we are not even mentioning maintenance costs that follow…

Today custom development and business automation can be much more affordable. The majority of our everyday development requirements tend be straight forward and around common systems. Examples of this are distributing files and emails, connecting data from separate systems, spreadsheet operations or automating repetitive human tasks. Technologists have noticed this trend and created software development platforms, especially on the cloud, to remove the development challenges and the need for highly skilled programmers, resulting in a profound positive impact on capital investment.

Where companies prefer to stick to traditional development practices because of the fear of the unknown, the interventions are very often capital intensive and can’t be justified against any savings generated by the implementation.

By leveraging newer technology and development methods for my clients, I have managed to consistently price my solutions between 40% and 60% lower than competitors, resulting in return on investment that is positive for all stakeholders. Additional benefits to clients are:

  • Shorter development timelines
  • Cheaper maintenance and future expansion
  • Greater focus on practical business applications
  • Less time wastage on technical challenges

In order to cut your operating costs and reduce human-error, you should be looking at automating repetitive tasks that are consuming unnecessary man-hours.  If you would like to know more on business automation, contact me at marius@fortyone.co.za. Will be happy to carry out an analysis of your systems, and do a quote at no cost.

“Action may not always bring happiness, but there is no happiness without action.”

— Benjamin Disraeli, former British Prime Minister