Roy Hill simulates iron ore demand chain

 

Buys software to test assumptions.

Roy Hill Iron Ore has bought software to simulate its operations and outbound supply chain.

The mining firm, which is backed by Gina Rinehart's Hancock Prospecting, will use Adelaide vendor SolveIT's advanced planning and scheduling (APS) and supply chain network optimisation (SCNO) tools.

It plans to simulate "a range of assumptions to confirm feasibility and throughput projections over the early and aggressive ramp-up periods for the demand chain".

Demand chain optimisation is about maximising revenue, production throughput and quality across the mine and pit-to-port supply chain operation.

"The Roy Hill operation is progressing rapidly towards the delivery of one of the world's most efficient and advanced integrated operations," Roy Hill's demand chain general manager Mike Lomman said.

"We are developing sophisticated remote operations and autonomy operating models to help drive efficiencies and scalability required to maximise the value of the asset and SolveIT Software's approach fits well with this model".

A spokesman for SolveIT was unavailable for comment.

The first iron ore is expected to be shipped from Roy Hill in 2014.

Copyright © iTnews.com.au . All rights reserved.


Roy Hill simulates iron ore demand chain
 
 
 
Top Stories
Meet FABACUS, Westpac's first computer
GE225 operators celebrate gold anniversary.
 
NSW Govt gets ready to throw out the floppy disks
[Opinion] Dominic Perrottet says its time for government to catch up.
 
iiNet facing new copyright battle with Hollywood
Fighting to protect customer details.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
In which area is your IT shop hiring the most staff?




   |   View results
IT security and risk
  26%
 
Sourcing and strategy
  12%
 
IT infrastructure (servers, storage, networking)
  21%
 
End user computing (desktops, mobiles, apps)
  15%
 
Software development
  26%
TOTAL VOTES: 343

Vote
Would your InfoSec team be prepared to share threat data with the Australian Government?

   |   View results
Yes
  58%
 
No
  42%
TOTAL VOTES: 143

Vote