Software delivers scheduling solution for metals industry.
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Press Release Summary:
Offering fully integrated solution for steelmaking and casting operations, Caster Planning and Optimization Solution provides flexibility to add sophisticated decision support and automated planning and scheduling functionality. Program helps achieve on-time delivery, allows creation of long casting sequences, enables reduction of stock and mixture zone material produced, and optimizes utilization of current inventory through integrated material allocation.
Original Press Release:
Quintiq Launches New Advanced Planning and Scheduling Solution for the Steelmaking and Caster Planning
Wayne, PA, November 12, 2008- Quintiq, a leading provider of advanced planning and scheduling (APS) solutions, today announced the release of its new industry solution focused on steel caster planning and scheduling.
All steel companies, regardless of size or specialization, face the same critical business challenges: to increase productivity and enhance supply chain efficiency. The Quintiq Caster Planning & Optimization Solution offers a fully integrated solution for steelmaking and casting operations that is flexible enough to handle the complex scheduling needs of the industry's challenging environment.
Whether you are an integrated mill or mini-mill, have one caster or 4 casters, produce plate, coil, or bar, Quintiq's solution offers the flexibility to add sophisticated decision support and automated planning and scheduling functionality to assist in creating more efficient plans and schedules.
The new solution builds on the foundation of the Quintiq proven technology, currently being used in many major companies, applying the company's extensive planning and scheduling expertise and software development capabilities to solving the specific challenges facing the steel industry in steelmaking and casting operations. Quintiq's unique technology architecture allows the Caster Planning & Optimization Solution to capture all of the specific rules and constraints of each facility, creating the 100% fit necessary to add value through detailed planning and scheduling.
Quintiq Caster Planning & Optimization Solution achieves:
o Improved on-time delivery from casting
o Creation of longer casting sequences
o Reduction of stock and mixture zone material produced
o Casting more optimal material dimensions
o Better utilization of current inventory through integrated material allocation
Caster Planning and Scheduling at Ruukki
With help of Quintiq, Ruukki managed to simplify and boost heat and strand planning, which made them able to create longer sequences on the casters, thereby maximizing tundish life as well as reducing the amount of stock and transition slabs that they need to cast. Quintiq's Caster Planning & Optimization Solution is able to create more flexibility around which orders can be combined together on the casters. This concept is also used to match orders against existing inventory, which leads to more efficient use of current inventory.
Full Breadth of Solutions in Steel
In addition to the Caster Planning and Optimization Solution, Quintiq offers a full range of planning and scheduling solutions for the steel industry that cover several planning levels and all processing areas including: Macro Planner for longer-term strategic planning; Company Planner which manages order acceptance and capacity planning; and several scheduling solutions including hot mill scheduling, cold mill and finishing scheduling, tube mill scheduling, bar mill scheduling and service center scheduling.
About Quintiq
Quintiq provides advanced planning, scheduling and supply chain management solutions. The fast-growing Dutch company, established in 1997, offers software for planning and optimizing complex business processes throughout the enterprise. The company's headquarters is located in the Netherlands and it has subsidiaries in Germany, UK, Finland, Malaysia, China, Australia, and the USA. For more information: www.quintiq.com.
