Press release
Intercast & Forge Implements SolveIT Software's Production Line Scheduling Optimizer
ADELAIDE, SOUTH AUSTRALIA – SolveIT Software Pty Ltd, a premier provider of Profit Optimization software solutions for Global 1000 companies and government organizations, announced today the implementation of its Production Line Scheduling Optimizer at Intercast & Forge. The system is based on SolveIT Software’s proprietary optimization platform, and will be used by Intercast & Forge to maximize production-line utilization and throughput by optimizing the sequence of production orders.“A fourfold increase in production capacity over the last few years has translated into a tenfold increase in the complexity of our scheduling over the same time period,” said Mr. Michael Amey, Chief Financial Officer at Intercast & Forge. “Going from one production line with one constraint, to three larger lines with multiple constraints, proved to be a real scheduling challenge. Using the system developed by SolveIT Software and tailored specifically to our needs, we will be able to change scheduling from somewhat of a black art, to a more robust solution that will enable us to optimize our production facilities”
Intercast & Forge is Australia’s largest independent iron foundry group with two plants, one in Adelaide, South Australia, and the other in Sydney, New South Wales. The group operates three Disamatic vertical moulding machines and produces nearly 40,000 tonnes of castings per annum. For more information, please visit: www.intercast.com.au
“The Production Line Scheduling Optimizer deployed at Intercast & Forge is designed to be extremely user-friendly and help manage even the most complex production scheduling with great ease,” said Dr. Martin Schmidt, Chief Technology Officer at SolveIT Software. “The system contains integrated database access, production visualizations on various levels, and detailed output reports. With the click of a few buttons, the system can also answer complex what-if scenarios and re-schedule after unexpected events like machine break-downs.”
Other recent successes of SolveIT Software include the signing of several key customers, including ABP, which is the world’s second largest pension fund with €168 billion (AU$270 billion) under management, and Dentsu Inc., which is the largest advertising company brand and the fifth largest marketing and communications organization in the world.
Contact:
SolveIT Software Pty Ltd
Plaza Building, L3, North Terrace, Adelaide, SA 5005
P.O. Box 3161, Adelaide, SA 5000
Phone: +61 8 8303-5405
Fax: +61 8 8303-4366
contact@solveitsoftware.com
About SolveIT Software Pty Ltd
SolveIT Software is a premier provider of Profit Optimization solutions for Global 1000 companies and government organizations. The company was founded upon the cutting-edge research of several world-renowned computer scientists, and offers modeling, simulation, and optimization solutions for complex logistics and marketing problems. Based on proprietary technology platforms and the power of Adaptive Business IntelligenceÒ, the company’s software solutions can provide clients with measurable increases in revenue and/or decreases in cost. SolveIT Software also features a highly scalable business model, a strong set of competitive differentiators, and sophisticated core technologies that were pioneered by the company’s founders. For more information about SolveIT Software, please visit www.SolveITSoftware.com.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intercast & Forge Implements SolveIT Software's Production Line Scheduling Optimizer here
News-ID: 10552 • Views: …
More Releases from SolveIT Software
DSTO Awards Contract to SolveIT Software for UAV Pre-Mission Planning
Adelaide, South Australia – SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that it has signed a contract with Defence Science and Technology Organisation (DSTO) for the delivery of a software system that will optimize pre-mission planning for Uninhabited Air Vehicles (UAVs).
“DSTO is developing an experimental capability which employs small, inexpensive UAVs that act autonomously and cooperatively to…
SolveIT Software CEO and Chairman to Launch New Book at AmCham Event
ADELAIDE, SOUTH AUSTRALIA, 11 July, 2006 – SolveIT Software Pty Ltd, a premier provider of Profit Optimization software solutions for Global 1000 companies and government organizations, announced today that the company’s CEO, Matthew Michalewicz, and the company’s Chairman of the Board, Dr. Zbigniew Michalewicz, will launch their new book on July 26th. The book, entitled Winning Credibility: A guide for building a business from rags to riches, will be launched…
Intercast & Forge Awards Scheduling Optimization Contract to SolveIT Software
ADELAIDE, SOUTH AUSTRALIA, 7 March, 2006 – SolveIT Software Pty Ltd, a premier provider of Profit Optimization software solutions for Global 1000 companies and government organizations, announced today that it has signed a software contract with Intercast & Forge for the delivery of a scheduling optimization system.
Under the terms of the agreement, SolveIT Software will use its proprietary optimization platform to develop a production-line scheduling system for Intercast & Forge.…
More Releases for Intercast
Malleable Iron Castings Market Projections, Consumption Analysis, Investment Cos …
Global Malleable Iron Castings Market 2020 In Depth Analysis and Industry Forecast by 2026
The report encompasses an in-depth study of the prevailing and upcoming situations of the global Malleable Iron Castings market. The analysts and industry experts have carried out a comprehensive qualitative and quantitative assessment of the global Malleable Iron Castings industry with the help of research methodologies like PESTLE analysis, Porter's Five Forces, and SWOT analysis. Additionally, technological…
Malleable Iron Castings market Complete Growth Focusing on • Intercast & Forge …
Market Study Report recently introduced new title on “2019-2024 Global Malleable Iron Castings Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024.
The research analysts in their primary research observed that the rapid growth of the Malleable Iron Castings market over the forecast period is expected to open potential opportunities for the Malleable Iron…
Visy Selects SolveIT Software for Supply Chain Network Optimisation
ADELAIDE, SOUTH AUSTRALIA, 28 October 2008 – SolveIT Software Pty Ltd, a leading provider of enterprise software solutions for supply & demand optimisation and predictive modelling, announced today it has signed a contract with Visy for piloting SolveIT Software’s Supply Chain Network Optimisation (SCNO) system across Visy’s pulp & paper division.
Designed to enable company-wide (globally) optimised decisions, rather than silo-based (locally) optimised decisions, SolveIT Software’s SCNO system will be piloted…
SolveIT Software Currency Hedging System Helps Exporters in Volatile Financial M …
ADELAIDE, SOUTH AUSTRALIA – SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that its state-of-the-art currency hedging system has been put into production use at Michell Pty Ltd.
\"When significant volatility erupted in the financial markets earlier this month, the SolveIT Software currency hedging system helped position us for the rapid fall in the Australian dollar,\" said Mr. David…
Pernod Ricard Pacific Awards Scheduling Optimisation Contract to SolveIT Softwar …
ADELAIDE, SOUTH AUSTRALIA, 7 June 2007 – SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that it has signed a contract with Pernod Ricard Pacific for the delivery of a Tank Management System that will optimise the allocation and utilisation of tanks.
Orlando Wines (a division of Pernod Ricard Pacific) manages more than 1000 tanks of differing capacities at…
Springer Announces Book "Adaptive Business Intelligence"
In the modern information era, managers must recognize the competitive opportunities represented by decision-support tools. Adaptive Business Intelligence systems combine prediction and optimization techniques to assist decision makers in complex, rapidly changing environments. These systems address the fundamental questions: What is likely to happen in the future? And what is the best decision right now?
Springer has just published the book \"Adaptive Business Intelligence\"
(http://www.springer.com/3-540-32928-5). The book\'s first author, Dr. Zbigniew Michalewicz,…