You are on page 1of 4

INTRODUCTION TO ARTIFICAL

INTELEGENCE

Article: - “How Tata Steel Works With AI”

Submitted in partial fulfillment of the requirements for the award of the degree of

Master of Computer Applications


Under the Supervision of: Dr. Ganesh M. Sir

Submitted By: -

 Naman Kothari USN: 20MCAR0098


 Prateek Sikarwar USN: 20MCAR0039
 Gaurav Sharma USN: 20MCAR0140
 Devara Sandhya USN: 20MCAR0107
 Lalu Prasad Yadav USN: 20MCAR0032

DEPARTMENT OF MASTER OF COMPUTER APPLICATION

JAIN (DEEMED-TO-BE) UNIVERSITY

Jayanagar, Bengaluru, Karnataka – 560068 (INDIA)

Academic Year 2020-2021


Tata Steel Using FarEye
- Naman, Prateek, Sandhya, Lalu, Gaurav

Tata Steel is one of the prominent names in the steel-making


industry boasting over three decades of manufacturing expertise. The
company is currently the world’s second-most geographically-
diversified steel producer, with fully integrated operations — from
mining to the manufacturing and marketing of finished products.

Tata Steel was also facing challenges in material handling during


transit. Over speeding, route diversions, theft, and prolonged and
unexpected stoppages were weighing down transportation operations.
A high degree of dependency on transporters to get information on
vehicles, high volumes of customer inquiry calls, and the inability to
identify late deliveries further compounded the issues. Lack of
adequate visibility of ground-level transportation operations and
increasing volumes of delayed deliveries have resulted in high
transportation costs.

Due to the absence of real-time visibility of fleet operations, it was


becoming increasingly difficult to hold freight carriers accountable.

“To achieve optimized logistics operations, mitigate risks and eliminate


any delays, the company required a 100% visibility of their in-plant
and in-transit transportation. To ensure intelligent management of
logistics, reduce turnaround-time, risk mitigation, end-to-end
transportation visibility, and delivery efficiency, Tata Steel collaborated
with FarEye, a predictive logistics SaaS platform.”

- Kushal Nahata

The CEO & Co-founder of FarEye.

 FarEye: A Predictive Logistics Platform


About FarEye

FarEye has taken a customer-first approach to create a platform


that can grow with customers and adapt to their changing business
needs. FarEye’s low-code intelligent platform is powering brands,
retailers and carriers to do faster, reliable, customer-centric deliveries
at scale.

FarEye’s AI powered functionality optimizes end-to-end deliveries


and provides recommendations driven by aggregation of insights.
FarEye has a vision to use aggregated data and real-time feedback to
drive autonomous deliveries with autonomous vehicles and drones.
How TATA steel is using FarEye?

FarEye created a customized solution that included automating


core delivery operations by introducing real-time visibility in in-plant
and in-transit transportation operations and leveraging electronic proof
of delivery to boost customer experience. By leveraging FarEye’s auto-
allocation engine, Tata Steel automatically allocated orders to
transporters when their engines are running. Automating key
compliance checks is another important aspect of the solution. With
FarEye’s AI-based real-time tracking capabilities, Tata Steel can keep
a tab on where exactly a vehicle is inside the plant and what’s its
status. The real-time tracking and routing capabilities are powered by
machine learning algorithms. These algorithms parse historical data to
identify best routes for executing deliveries.

FarEye designed easy-to-navigate dashboards to make quick


data-driven decisions. These dashboards offer critical insights on
loading performance based on vehicle-in and vehicle-out instances,
update on trip status based on vehicle location, and analyses
unloading performance at specific destinations.

In conclusion

Real-time tracking with a 360- degree view keeps delivery


stakeholders and plant executives updated on their shipments and
empowers them to drive efforts to ensure on-time deliveries and boost
customer experience. FarEye’s AI and ML applications have
significantly improved Tata Steel BSL’s predictive and information
analyzing capabilities in ETA (Estimated Time of Arrival), in-transit
performance, loading and unloading TAT (Turn-around Time), and
allocation and placement.

Tata Steel attained 100% operational visibility with a 57% reduction in


theft. The AI-powered platform also engaged 20 different stakeholders
with collaboration possibilities. Tata Steel has also witnessed a 32%
reduction in loading and unloading turnaround time.

You might also like