SME Times is powered by   
Search News
Just in:   • PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs  • India’s growth momentum has picked up after Q2 slowdown: Jeffries  • Centre pays Rs 4,820 crore to 2.75 lakh farmers for pulses under MSP scheme  • India needs economically-viable tech for infra projects: Nitin Gadkari  • India's private sector growth surges to 4-month high in Dec: Report 
Last updated: 27 Sep, 2014  

AMAG Achieves 4% Increase in Productivity

PR Newswire | 11 Jun, 2013
S'-HERTOGENBOSCH, The Netherlands: Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced today that Austria Metall AG (AMAG) has successfully implemented Quintiq Scheduler in its cold mill facility in Ranshofen, Austria. Contracted for implementation across the facility over three stages, Quintiq Scheduler has enabled AMAG to exceed its goal of increasing productivity at the cold mill by four percent.

AMAG is Austria's leading producer of aluminum semi-finished and cast products for the manufacturing industries, and nearly 70 percent of AMAG's total yearly output is produced at the facility. In October 2011, Quintiq consultants started the first phase of optimization in the cold mill's annealing furnaces, and completed the process within seven months. Phase two, optimizing the cut-to-length slitting lines in the Brightning Mill, began in July 2012 and was finalized just five months later. The final phase, which focused on optimizing the plate production line, began in December 2012 and goes live this month. 

In addition to surpassing the goal of increasing productivity by over four percent, Quintiq's solution has improved efficiency by supporting AMAG's internal logistic processes, such as the flow of information regarding other planning process in the plant, transportation and the flow of materials.

"Implementing Quintiq was the logical choice following our success with it at our hot mill," said Christian Grubmueller, head of production planning at AMAG. "Quintiq enables us to optimize our planning process, and most importantly, exceeded the targeted increase in productivity levels. Through Quintiq Scheduler we are continuing to create value and strengthen our competitiveness."

"We are pleased about the extended collaboration with AMAG," said Arthur Torsy, vice president EMEA at Quintiq. "Quintiq has established itself globally as the supplier of choice for SCP&O for companies in the metals industry. We welcome this new project with AMAG as it continues to demonstrate how Quintiq adds value to the efficiency and planning processes."

About Quintiq

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.

SOURCE Quintiq

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter