Using sophisticated algorithms, it makes all operational processes more efficient and helps businesses save money to a great extent. AI can reduce operational costs by 20%, according to a study by the McKinsey Global Institute. Enabling your employees to focus on the important strategic tasks that drive efficiency, and letting Yodayo AI do the rest.
A manufacturing company, for example, cut its operational costs by 30% with a Yodayo AI-based supply chain management deployment. The improvement reflected better forecasting and inventory management to reduce overstocking and stockouts. Gartner states that companies which invest in AI solutions should see a payback of 300% on average.
Yodayo AI is also a decision support system that allows us to take advantage of analysis with up-to-the-minute data. For example, data giant Harvard Business Review conducted research and found that data-driven decision-making can save an organization up to 20% improvement in performance. With the analytical and artificial intelligence capabilities, Yodayo AI can discover inhibitors within a company to streamline and reallocate resources that bring savings.
One logistics firm I met reported 15% lower transport costs from improved route optimization using Yodayo AI. And these efficiencies were not only a reduction of costs but also better turnaround times in some cases, resulting in happier customers. As entrepreneur Elon Musk said: If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it's not." Yodayo AI accomplishes this vision by enabling forward-looking operational enhancements.
In addition, the Yodayo AI enables predictive maintenance in manufacturing scenarios to reduce unplanned downtime costs by large. As per a Deloitte study, maintenance costs can decreased by 10-20% because of predictive maintenance. With Yodayo AI, businesses are able topredict equipment failure and plan maintenance ahead of time, which reduces immediate downtimes.
With Yodayo AI we can fully flex the muscles in human resources, which includes to be able to simplify the recruitment process. According to LinkedIn, organizations utilizing AI can reduce the costs of hiring by 20%. Yodayo AI automates screening of candidates, save time for HR team to work on high potential candidates to optimize hiring process.
Furthermore, businesses that embraced this revolution can enhance customer support by leveraging chatbots and virtual assistants with the help of Yodayo AI. This saves the cost for doing customer service by 30%, as per an aestimation suggested by IBMisci. The company said that Yodayo AI's chatbots will take over common queries and help the human agents focus on solving complex issues.
Ultimately, the wide-ranging functions Yodayo AI offers can help businesses to make significant operational cost savings through automating a vast array of tasks and processes as well as analysing data and delivering actionable insights. Visit yodayo ai to learn how your business can save money with yodayo ai.