Quintiq Solutions Play Key Role in NatSteel's Supply Chain Transformation
5201 AG 's-Hertogenbosch, Netherlands
Press release date: August 28, 2012
Kuala Lumpur: NatSteel Holdings announced today that it is implementing Quintiq's Advanced Planning and Scheduling (APS) solutions at its flagship plant in Singapore. With over 3,000 employees and an annual output of some 2 million tonnes of premium steel products for the construction industry in the region, NatSteel will utilize Quintiq's software to address the complexities of its supply chain and optimize several of the top steel provider's operational functions.
Tan Man Ee, Chief Supply Chain Officer of NatSteel Holdings (NSH), said, "We wanted to transform our overall supply chain. We reviewed several APS providers, and Quintiq's solutions and strong expertise in the steel industry made it an obvious choice for us."
Tan cited flexibility as the key feature of Quintiq's software. "In the Proof of Concept exercise, Quintiq demonstrated its unrivalled ability to be flexible enough to address the complex requirements of NatSteel's highly dynamic operations."
NatSteel decided to invest in Quintiq's solutions in March 2011, and the implementation is now being executed in phases. "The Macro Planner and Company Planner solutions have gone live, the Upstream and Downstream Scheduler implementations are currently in progress, and the Logistics Planner will soon commence. Based upon the success of these implementations, we will consider rolling out the solutions to our other sites outside of Singapore."
Sanjay Nair, Managing Director of Quintiq South East Asia & India, said, "Our Advanced Planning and Scheduling solutions will allow the users at NatSteel to transform their operational planning by dynamically linking and integrating complex information and processes across the enterprise. Our software enables them to slash cycle times and provides full visibility to information at the enterprise level."
NatSteel is a leading steel producer in Asia Pacific. As a multinational company with over 3,000 employees across the region, NatSteel as a group has an annual steel production capacity of some 2 million tonnes.
NatSteel delivers premium steel solutions for the construction industry, including upstream products as well as customised downstream products and services. Its products are used in residential, industrial and commercial projects, as well as infrastructural works.
Singapore is home to NatSteel's headquarters as well as its flagship plant. NatSteel is the only steel mill in Singapore with an integrated upstream and downstream operations, where steel is manufactured through recycling scrap, and also fabricated according to customers' needs. In fact, NatSteel has one of the largest single cut-and-bend operations in the world.
As part of Tata Steel - one of the top ten global steel companies - NatSteel is poised for further growth, and aspires to be the global steel industry benchmark for value creation and corporate citizenship.
Quintiq's Advanced Planning & Scheduling (APS) software enables companies to create business value by visualizing and optimizing their operational processes. Quintiq software is capable of generating the best possible planning solution to suit any business model and solve any planning puzzle, even in the most complex and dynamic of business environments.
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 other offices around the world. Quintiq's APS software is in use at over 500 locations in 77 countries.
More at www.quintiq.com or follow Quintiq on Twitter: www.twitter.com/quintiq
For more information about this press release, please contact:
Alfred den Besten
Global Marketing Director
T: +31 73 691 07 39