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Demand & Supply Chain Management Evolution


     
Case Study Detail
Language: English

NOVELIS: Reduced inventory and lead time save Novelis money

 
 
 

Company:

 Novelis

Sector:  Metals & Mining
Tag:  Planning & Scheduling
 Inventory Optimization
 Backlog Reduction


Novelis Inc. is an $8-billion organization and the parent company of an international group operating in many areas of the aluminum and packaging industries. Novelis's unique strengths lie in its expansive network of operations in 12 countries with 12,500 dedicated employees, a global customer base, innovative products and advanced technologies.

Multiple Novelis sites have selected Quintiq's planning and scheduling solutions. In addition to Novelis Europe, which implemented the strategic planning solution, 12 production areas within five factory sites in Europe have installed the mid-term and short-term planning solutions. Novelis factory sites in the United States and Canada optimize their operations with Quintiq. Some of the reported benefits include:
- 45 percent increase in on-time production
- 20 percent increase in inventory turns
- 20 percent reduction in backlog
    
"It is a step towards the realization of aspirations to set industry standards in Rolled Products supply chains in terms of delivery performance. The goal is to also simultaneously improve inventory-turns through a closed loop decision support system designed by the Quintiq Company Planner".
Procyon Mukherjee,
V.P. Supply Chain Process,
Novelis Europe

 

 





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