Product category:
Plant and shopfloor scheduling software
News Release from: Greycon | Subject: D-Opt manufacturing cycle optimisation software
Edited by the Manufacturingtalk Editorial
Team on 29 October 2007
Optimisation software lowers inventories
Patent-pending product cycle optimisation software will increase planning productivity and schedule efficiency and decrease inventory and stock outs said Greycon.
D-Opt is a patent-pending product cycle optimisation software, which Greycon said has been 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, said Greycon's report to Manufacturingtalk
This article was originally published on Manufacturingtalk on 18 Apr 2008 at 8.00am (UK)
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Production cycle optimisation software released
Greycon's patent-pending Optimisation Technology software optimises production scheduling of multiple parallel production lines to balance maximum production efficiency against minimum inventory.
Extending automation reach and functionality
An enhancement to a distributed control system gives manufacturing personnel access to customised information according to their job function.
Greycon said that by using D-Opt, manufacturers 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 maximising complex production efficiency, balancing switchovers, and meeting inventory and customer service targets.
Pilot studies with existing Greycon customers yield successful results, as follows.
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* 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 the following.
* 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 to manufacturingtalk.
"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 - Greycon Limited 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.
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