Intercast and Forge Implements SolveIT Software’s Production Line Scheduling Optimizer

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Australia’s largest independent iron foundry implements artificial intelligence software for scheduling optimisation

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: http://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.

About SolveIT Software Pty Ltd

SolveIT Software is a premier provider of Profit Optimization solutions for Global 1,000 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 Iintelligence(R), 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 http://www.SolveITSoftware.com.

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

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Matthew Michalewicz
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