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Generative Design (s.p)

  Generative Design – The Future of Mechanical Engineering Introduction Imagine telling a computer: “I need a strong machine component, but it should be as light as possible.” Instead of drawing only one design, the computer can create many different designs and help the engineer choose the best one. This technology is called Generative Design . Generative Design is an emerging technology that combines Computer-Aided Design (CAD), Artificial Intelligence (AI), engineering principles and computer simulation to develop better products. What is Generative Design? Generative Design is a design method in which the engineer gives the computer the requirements and limitations of a component. For example, an engineer can specify: Required strength Applied load Material Maximum weight Available space Manufacturing method Cost requirements The computer then studies different possibilities and generates several design solutions. The engineer finally selects the most suitable design. How Do...

AI in Procurement: Guide for Manufacturing Supply Chains(GL)

  Artificial Intelligence (AI) is revolutionising industries across the board, and procurement is no exception. As engineering and manufacturing companies seek to enhance operational efficiency, reduce costs, and improve supplier relationships, procurement professionals are increasingly turning to AI technologies to meet these demands. Integrating AI in procurement offers a significant leap in performance, especially in contract management, spend analysis, supplier performance metrics, and risk mitigation. Key Takeaways AI in procurement improves operational efficiency and cost savings. Procurement teams benefit from automating manual tasks using AI tools. AI-driven spend analytics and predictive analytics lead to better decision-making . Natural Language Processing (NLP) and machine learning algorithms enable more accurate contract and supplier data analysis . Procurement professionals can shift focus to strategic sourcing and value-adding tasks . Table of Contents   ...