Outokumpu Rolls Out Quintiq's Supply Chain Optimization Platform at Avesta Rolling Mill
Outokumpu Rolls Out Quintiq's Supply Chain Optimization Platform at Avesta Rolling Mill
AsiaNet 52952
S'-HERTOGENBOSCH, The Netherlands, May 8, 2013 /PRN=KYODO JBN/ --
Global leader in stainless steel continues to trust Quintiq to reduce costs
and improve production processes
Quintiq, [http://www.quintiq.com ] a global leader in supply chain planning
and optimization (SCP&O), announced today that its platform is being rolled out
at the Outokumpu Stainless AB
[http://www.outokumpu.com/en/AboutUs/Pages/new-Outokumpu.aspx ] in Avesta,
Sweden to support the scheduling of cold flow operations. The project will be
completed by the end of 2013, and Outokumpu's cold flow area, which produces
stainless steel coils and sheets, will experience tangible benefits immediately
upon completion.
(Logo: http://photos.prnewswire.com/prnh/20130328/606756 )
Outokumpu is the biggest stainless steel producer worldwide and its Avesta
Plant houses cold flow operations including annealing, pickling and cold
rolling facilities. To meet an increasing demand for better product properties
and tighter process tolerances, Quintiq was approached to recommend a solution
to optimize Outokumpu's complex production challenges. Over the course of a
three-day demonstration that tackled the plant's most intricate planning
puzzles in the cold flow area, the Quintiq team established the business
benefits that its SCP&O platform would yield, and how optimization would raise
the internal visibility of supply chain procedures.
In addition to minimizing the percentage of product reworks and reducing
costs in the production process, other positive impacts of Quintiq's platform
for Outokumpu will include a reduction in lead-times and lower inventory
levels. Reduced lead times will have a positive impact on customer
satisfaction. Reduced inventory will have positive impacts on capital costs.
"We have had experience working with Quintiq from previous projects. They
have knowledgeable staff and a robust working method that secures the
achievement of the project goals," said Gunnar Meller, Outokumpu VP of Supply
Chain, Special Coil. "We intend to use the software for building a platform
that facilitates continuous improvement of our deliveries."
"This is the fourth project we've undertaken with Outokumpu," said Francois
Eijgelshoven, Quintiq VP of EMEA. "Quintiq's platforms are an excellent match
for the complex production processes of the steel industry. Outokumpu
recognizes the business benefits that result from optimizing their supply
chain, and we're delighted to have the opportunity to continue the
relationship."
About Quintiq
Quintiq's revolutionary supply chain planning and optimization
[http://www.quintiq.com/solutions/supply-chain-planning.aspx ] (SCP&O) platform
enables enterprises to improve efficiency at every stage of the supply chain
journey. It powers end-to-end planning and optimization of personnel
[http://www.quintiq.com/solutions/employee-planning-and-scheduling.aspx ],
resources, and processes in a single planning environment, across all planning
horizons. Many of the world's largest and most successful enterprises rely on
Quintiq to achieve their business goals, strengthen their competitive
advantage, and create new revenue streams.
Established in 1997 and growing rapidly, Quintiq has a global presence with
dual headquarters in the Netherlands and the USA, a global development center
in Malaysia, and offices around the world. Quintiq's software is in use at over
500 locations in 78 countries worldwide.
For more information, visit http://www.quintiq.com or follow Quintiq on
Twitter [https://twitter.com/Quintiq ], Facebook
[https://www.facebook.com/Quintiq ], LinkedIn
[http://www.linkedin.com/company/quintiq ] and YouTube
[http://www.youtube.com/user/channelquintiq ].
Press Contacts:
North America Enquiries: Jon Temerlies, Racepoint Group, Tel:
+1-202-349-0859, Quintiq@Racepointgroup.com
EMEA Enquiries: Charlotte Poh, Global Marketing Communication Manager, Tel:
+31-(0)736910739, pressrelease@quintiq.com
SOURCE: Quintiq
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