The Role of Artificial Intelligence in Reducing Space Costs, Information Costs, and Improving Production Efficiency Field Study: Iraq General Contracting Company
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Abstract
This research aims to explore the transformative potential of Artificial Intelligence in enhancing resource utilization at Iraq General Contracting Company. The study investigates how Artificial Intelligence can be leveraged to address three key challenges: reducing space costs, reducing information costs, and improving production efficiency. The research delves into specific applications of Artificial Intelligence models, such as Enterprise Resource Planning (ERP) systems, tracking systems, and sensors. Additionally, the study discusses the potential constraints and considerations for successful Artificial Intelligence implementation. The findings of the study demonstrate that Artificial Intelligence can significantly enhance resource utilization at General Contracting Company. The implementation of an ERP system has contributed to reducing space and information costs, increasing data accuracy, and shortening the production cycle time, leading to improved production efficiency. The tracking system has helped reduce fuel costs, eliminate waste and manipulation, while the use of sensors has reduced information acquisition costs and improved data quality, which positively impacts production efficiency.
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