Australian Foundry/Forger Orders Scheduling Optimization Software

March 11, 2006
SolveIT Software supplying production-line scheduling system

Intercast & Forge, an Australian iron foundry group, has ordered a scheduling optimization system form SolveIT Software Pty. Ltd. SolveIT develops profit optimization software solutions for companies and government organizations.

Under the terms of the agreement, SolveIT will use its proprietary optimization platform to develop a production-line scheduling system for Intercast & Forge, to be delivered at the end of June, to maximize production-line utilization and throughput by optimizing the sequence of production orders.

Intercast & Forge maintains one plant in Adelaide, South Australia, and another in Sydney, New South Wales. It operates three Disamatic vertical molding machines, and produces nearly 40,000 metric tons/year of castings. Intercast & Forge is a cold- and warm-forging operation, producing 4,000 metric tons/year of forgings up to 1,270 metric tons.

"We are very happy to add the largest independent iron casting and forging operation in Australia as a client," stated Dr. Martin Schmidt, Chief Technology Officer of SolveIT Software. "Given our track record of developing Artificial Intelligence systems that drive efficiency and competitiveness, we look forward to providing Intercast & Forge with a state-of-the-art software system for automating and optimizing their production process."