Software optimizes complex supply chains.November 5, 2007 -
Designed to optimize planning productivity while decreasing inventory and stock outs, D-Opt lets manufacturers simultaneously generate schedules and any necessary replenishment orders and reservations across multiple machines. Program is suited for any manufacturer that experiences significant switchover costs, fluctuating demand patterns, and difficulty in managing make-to-stock and make-to-order scenarios simultaneously.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
Greycon
2100 SouthBridge Parkway, Suite 650
Birmingham, AL, 35209
USA
Greycon Launches D-Opt for Complex Supply Chain Optimisation
New Manufacturing Planning Solution Yields Significant Cost Savings
LONDON, Oct. 24 /-- Greycon Ltd., a world leader in supply chain optimisation, today announced the release of D-Opt. D-Opt is a patent-pending product cycle optimisation solution designed specifically to increase planning productivity and schedule efficiency and to decrease inventory and stock outs.
D-Opt is the first automated solution for large-scale, complex scheduling optimisation in the manufacturing industry. By using D-Opt, manufactures are able to simultaneously generate optimised schedules (product wheel) and any necessary replenishment orders and reservations across multiple machines. The result is significant cost savings while maximizing complex production efficiency, balancing switchovers, and meeting inventory and customer service targets.
Pilot studies with existing Greycon customers yield successful results:
-- Reduce inventory by 15-35%
-- Reduce stock outs by 90%
-- Decrease set up costs by 15%
-- Increase planning productivity by 400%
D-Opt is a natural extension of Greycon's market leading production scheduling and trim optimisation systems -- S-Plan and X-Trim. As a robust supply chain planning solution, D-Opt benefits multiple manufacturing verticals and is ideal for any manufacturer that experiences:
-- Significant switchover costs
-- Fluctuating demand patterns
-- Significant costs associated with order production (late or early)
-- Difficulty in managing make-to-stock and make-to-order scenarios simultaneously
"We are very excited about D-Opt as it addresses a fundamental supply chain conundrum for any manufacturer trying to reduce switchover costs and simultaneously manage make-to-stock and make-to-order scenarios," said Constantine Goulimis, CEO of Greycon Ltd. "D-Opt's unique capabilities have generated a lot of interest and a few of our existing customers are already realizing the cost savings. We are currently completing a successful implementation at Kimberly Clark Nonwovens, and are piloting D-Opt at Polinas (BOPP film), Mohawk (fine papers), and others."
About Greycon Ltd.
Greycon Ltd. (www.greycon.com) is a global leader in supply chain optimisation solutions with offices in England, USA, Canada and Uruguay. Greycon customers, concentrated in the paper, printing, film and nonwovens industries, span the globe with more than 400 plants using its products and services. Greycon originates from the Industrial Systems Group of Imperial College of the University of London, where one of its founders and current CEO developed the first version of the company's flagship product X-Trim. Today, Greycon has increased its product portfolio to include software and services supporting customers throughout the supply chain.
CONTACT: Debbie Kinghorn of Greycon Ltd., +44 207978 0700, Debbie.kinghorn@Greycon.com
Web site: http://www.greycon.com/
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