Metal solution provider and steel manufacturer Ruukki (Rautaruukki Oyj) expands the deployment of Quintiq throughout Europe

Corporate agreement to use Quintiq in Ruukki

Helsinki/’s-Hertogenbosch – May 16, 2006. The Finnish metal solution provider and steel manufacturer Ruukki signed a corporate agreement with Quintiq for deploying the Quintiq planning and scheduling solutions enterprise-wide. Ruukki has operations in 23 European countries and is already successfully using the Quintiq scheduling solution for its steel production plant in Raahe, Finland. Additionally, Ruukki selected the Quintiq Company Planner and Scheduler for its service centers all over Europe.

Ruukki's objective is to specialize by changing from being a reliable steel supplier to become the most desired supplier of metal-based solutions for selected customer segments. By expanding the use of Quintiq’s state-of-art technology to other business units Ruukki sees high optimization potential for its supply chain. The goal is to optimize in conjunction with SAP the use and allocation of material based on customer demand as well as to decrease lead times, leading to reduced inventory and a faster and more reliable response to their customers and therefore an improved financial performance. As one of the key capabilities Quintiq is enabling Ruukki to plan and optimize both the production and logistics processes with one single solution.

The corporate agreement between Ruukki and Quintiq is a strategic intent to optimize Ruukki’s supply chain. In most subsidiaries the Quintiq solutions will be fully integrated with the Ruukki´s SAP Solution and SAP Netweaver platform.

“We are expecting great benefits by leveraging Quintiq’s advanced solutions all over Europe,” says Ismo Platan, CIO with Ruukki. “Before deploying Quintiq Ruukki is planning and scheduling its supply chain partly with global commercial applications, partly with specific local tools, partly with in-house solutions and partly manually.”

“Since we started working with Quintiq in 2003 in our steel plant the performance has improved significantly. Quintiq was selected out of several supply chain specialists after it had developed a proof of concept, clearly demonstrating the flexibility of its systems, its excellent user acceptance as well as its enterprise-wide applicability.”

About Ruukki
Ruukki supplies metal-based components, systems and turnkey deliveries to the construction and mechanical engineering industries. The company has a wide selection of metal products and services. Ruukki has operations in 23 countries and employs 12,000 people. Net sales in 2005 totaled EUR 3.7 billion. The company's share is quoted on the Helsinki Exchanges (Rautaruukki Corporation: RTRKS). Rautaruukki Corporation was established in 1960. The Corporation has used the marketing name Ruukki since 2004. www.ruukki.com


About Quintiq
Quintiq offers a standard software solution to virtually any planning, scheduling and supply chain optimization problem. Its breakthrough technology empowers companies with flexible solutions, enabling them to solve their daily planning puzzle and optimize it fully, delivering bottom line value. Please visit www.quintiq.com for more information.

For more information, please contact:

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81675 München

Tel.: (+49) (089) 41 77 61-35 / -14
Fax: (+49) (089) 41 77 61-11

S.Bloech@LucyTurpin.com
E.Hildebrandt@LucyTurpin.com


Quintiq

Martijn van Gils
Marketing Director

Tel.: +31 (0)73 691 07 39
E-Mail: martijn.van.gils@quintiq.com

This release was published on openPR.