Steel is the world’s most important engineering and construction material. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels.
Steel plays a critical role in virtually every phase in our lives. The rails, roads and vehicles that make up our transport systems use steel. Steel provides a strong framework and connections in the buildings where we work, learn and live. It protects and delivers our water and food supply. It is a basic component in technologies that generate and transmit energy.
The global steel manufacturing industry is seeing a lot of changes. With high demand for steels coming from emerging and developing markets like China and India, the industry, characterized by a fragmented market but dominated by a few producers with high proportion of sales, is facing several issues. This scenario is making it tough and complex for organizations to survive and compete more effectively. We also offer solution frameworks for specific areas such as Tracking of steel coils in warehouse/shop floor, Slab/billet yard management, Roll shop management, Performance parameter tracking and Plant level inventory management and reporting systems
- Challenges faced by the industry for reporting systems and analysis
- Lack of reporting and monitoring on High Cost of Procurement
- Information availability on Complex Manufacturing Operations
- Timely data availability for Managing Inventory
- Lack of system and mechanism for Accurate Planning
- Less information on Integrated Logistics Operations
- Related services where ADITYAM is sharing core consulting knowledge to help a client.
In order to tackle these industry challenges, we offer a holistic approach to the key aspects of operations like:
- Quantitative Analysis:
Accurate and timely execution of orders can lead to high customer satisfaction and revenue growth. Automated per ton expense and revenue interface, automated cost tracking, and improved service.
- Planning and Forecasting:
This includes Forecasting, in different patterns to match on going operational as well as long term planning with help of Rolling Forecasting Approach as well as Long term Capital Average Growth Rate based Planning with span of 5 – 10 Years. Sales and Operation planning with simulation model based on Trend Analysis, Production scheduling and distribution planning linked with Sales Plan and Strategic Planning.
- Budgeting and Control:
Strict monitoring and control on over-running costs with pre-defined and strategy linked budgeting. Long Term plan defined in actionable chunks in case of strategy linked budget for accuracy in achievement of long term goal.