Aims
to reduce lead time by 10-15% and inventory level by 8-10%
India’s leading stainless
steel manufacturer Jindal Stainless has inked a deal with Dassault Systèmes to
strengthen its production planning, scheduling, and execution processes. Having
recently merged and doubled its capacity to 2.9 million tonnes per annum
(MTPA), this will enable Jindal Stainless to seamlessly manage end-to-end
production and operational functions between Hisar (Haryana) and Jajpur
(Odisha). By adopting an integrated and
fully automated approach to operations management, Jindal Stainless intends to
achieve sharper resource utilization, faster capacity balancing, live data
synthesis, and accurate predictions, while maintaining high quality standards.
“This is another bold step
towards creatively demolishing legacy systems and adopting new-age models of
digitization and automation,” said Managing Director, Mr Abhyuday Jindal, about
this project. “A few years ago, we were the first organization in the Indian
stainless steel industry to digitize the entire customer journey with us. Now,
we are working towards 360 degree integration of different operational
technologies with real-time dashboards to enable faster decision-making. This
aligns with our vision to diversify, expand, and drive long-term growth and
innovation in stainless steel. The DELMIA Quintiq and Apriso deployment is a
key enabler for us in this journey.”
“Dassault Systèmes’
solutions support the sustainable production of steel by innovative customers
like Jindal Stainless Limited," said Corinne Bulota, Vice President,
Infrastructure, Energy and Materials Industry, Dassault Systèmes. “By using our
industry solution experiences and DELMIA Quintiq and Apriso applications,
Jindal Stainless benefits from a single source of truth that brings real-time
visibility, simulation and optimization capabilities. The virtual twin
experience of Jindal Stainless’ production systems helps Jindal Stainless
improve operational efficiency and product quality significantly, and
facilitates data-driven, fast decisions for the decarbonization of steelmaking.”
Jindal Stainless will
deploy Dassault Systemes' “Operations Planning and Scheduling Excellence”
industry solution experience based on the 3DEXPERIENCE platform, which
leverages DELMIA applications, to meet customer targets and deliver reliable
performance. Through this implementation, Jindal Stainless intends to optimize
its processes and realize significant benefits like reducing lead time by
10-15% and reduce work-in-progress inventory by 8-10%.
By optimizing its processes
and better meeting customer demand, Jindal Stainless aims to not only
strengthen its position in core sectors like automotive and infrastructure
while expanding in the new spheres of lifestyle and aerospace and defence, but
also do so sustainably. This partnership will further reduce product diversions
and quality rejections, thereby minimizing carbon footprint. These efforts will
not only benefit the environment but also help Jindal Stainless reduce costs
and improve efficiency.
