Only the strongest manufacturers can survive and thrive in the steel industry, which is highly competitive and capital intensive.
With heavy production costs and extremely expensive assets, steel companies must continuously struggle to adjust and align their production capacity with market demand.
Facing the constant pressure to minimize costs and inventory and, simultaneously, maximize throughput and customer satisfaction, steel manufacturers must strive to gain a competitive edge by attaining greater supply chain visibility, efficiency, and agility.
However, for steel companies, forging a strong and supple supply chain is no easy task given:
To be able to satisfy customer demand while – at the same time – slashing inventory costs and boosting operational efficiency, many steel manufacturers are turning to advanced planning and supply chain optimization solutions to achieve production optimization.
ICRON’s algorithm-based Optimized Decision Making and Supply Chain Optimization software platform has proved to be a powerful and valuable tool for many steel companies as it gives them the capability to:
With ICRON’s solutions, steel manufacturers can revolutionize and optimize their operations, and achieve strong and sustainable productivity and profitability.