2025, Vol. 6, Special Issue 2
AI in cost analysis: A case study on operational cost optimization in reliance industries limited
Author(s): Harisha G, Jagannath Reddy M, Darshan TD and Kiran G
Abstract: An Indian corporation worth billions of dollars, Reliance Industries Limited (RIL) works in a variety of capital-intensive industries, such as telecommunications, retail, refining, and petrochemicals. Maintaining profitability and market leadership requires efficient operational cost management. The strategic use of artificial intelligence (AI) to significantly reduce operating costs at RIL is the subject of this paper's thorough case study. We examine various AI applications, demonstrating their workings and their financial effects, including intelligent supply chain management, energy usage optimization, predictive maintenance, and smart procurement. Using a combination of theoretical models and empirical evidence, we show how AI may improve RIL's cost structures, increase productivity, and promote sustainable growth in a changing global landscape.
DOI: 10.22271/27084515.2025.v6.i2Sc.705
Pages: 261-267 | Views: 194 | Downloads: 68
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How to cite this article:
Harisha G, Jagannath Reddy M, Darshan TD, Kiran G. AI in cost analysis: A case study on operational cost optimization in reliance industries limited. Asian J Manage Commerce 2025;6(2S):261-267. DOI: 10.22271/27084515.2025.v6.i2Sc.705
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