AI for Improving the Procurement Experience of Indian Railways
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AI and Digital Transformation in Indian Railways: A Review AI and digital transformation have transformed a great deal of the industrial world, bringing immense benefits in efficiency and effectiveness. In recent times, we have witnessed the rapid adoption of AI across various domains, including healthcare, finance, manufacturing, and the public sector. However, in India, digital transformation in the public sector, such as government, healthcare, and education, has barely begun. While there are several successful case studies of digital transformation in different sectors in India, the Indian Railways is still
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Title: AI and Indian Railways — An AI for Improving Procurement Experience I wrote this over the course of a week, on Wednesday evening, 10pm IST — 23rd June 2019 (Indian time). like this I don’t remember the exact day, but I have some memories. I was in a pub having a drink when it suddenly clicked. Indian Railways is a massive entity, and it deals with millions of operations daily, in addition to handling 16
Problem Statement of the Case Study
Procuring equipment for a rail project is a daunting task that requires significant resources, time, and expertise. Indian Railways, despite its size, faces such challenges due to its diverse rail network and the need for high quality equipment for different types of trains. It is a tedious task to find the right equipment or source it in the most efficient way while meeting project deadlines. Indian Railways is facing this problem because of the lack of a robust procurement system. Indian Railways has to procure almost 100,000 items from vend
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[Insert 5 screenshots of AI tools, data, and applications](https://i.imgur.com/l3ZfXmF.png) 1) Paperless Procurement – Indian Railways has embarked on a journey towards paperless procurement. The Railways aims to digitise procurement processes, reduce manual processes and errors, and cut costs. In recent years, several AI solutions have emerged to aid procurement efforts. 2) Machine Learning – In the last decade, machine
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Today I am going to write about the latest trend in the field of IT which is Artificial Intelligence (AI). AI has brought significant improvements in different domains, and the procurement sector is no exception. With a proliferation of AI solutions, it is making the procurement process faster, smarter, and more efficient. 1. Better Data Management: AI algorithms and machine learning have advanced the process of data collection, processing, and analysis. It enables procurement departments to create automated processes to manage the data
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The Procurement sector in the Indian railways is one of the most critical sectors in the country, as it provides services for every sector of the public and private sectors. visit the website The procurement sector is an integral part of any organization or project’s successful delivery. The current procurement process in India is not very efficient, as it requires manual intervention, and this process is highly manual and time-consuming. It is also one of the most important challenges, given the increasing global competition. To enhance the procurement experience of Indian Railways,