Novolipetsk steel, the flagship site of NLMK Group, has started the pilot operation of the automated system for production scheduling. The system is integrated in business processes at all stages of planning, production and sales. The main goal of the project is optimization in production increasing productivity and improving the quality of customer service.
When you receive a new order from a customer, the system automatically determines its enforceability, calculates the execution time based on the current order book and capacity utilisation, optimal schedule of use of equipment and other factors. Manufactured products will be delivered to the consumer in time.
"the Introduction of production scheduling, is a set of it optimization and transformation of business processes that affect the sales, planning, manufacturing, logistics and repairs. Based on the implemented solution are industry best practices of planning. As a result, we are able to provide high accuracy in supply and increase customers competitive advantages and increase production volumes due to bottlenecks in the processing chain," commented managing Director of NLMK Vyacheslav Vorotnikov.
the Total investment in the system will exceed 1 billion rubles. Introduction into commercial operation is scheduled for the 2 quarter of 2020.
about the company
NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.
NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.
the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.
NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for the year 2018 amounted to $ 12 billion, EBITDA – $ 3.6 billion. The ratio of Net Debt/EBITDA of 0.25 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and Expert RA.
Ordinary shares of JSC "NLMK", the free float is 19%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble.
read More of stockholders ' equity NLMK can be found at the link.
Download photos and corporate video NLMK Group in Mediobanca the link.
