Global leader in stainless steel continues to trust Quintiq to reduce
costs and improve production processes
S'-HERTOGENBOSCH, The Netherlands, May 8, 2013 /CNW/ - Quintiq, 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 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
"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
"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."
Quintiq's revolutionary supply chain planning and optimization (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, 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, Facebook, LinkedIn and YouTube.
For further information:
North America Enquiries
Global Marketing Communication Manager