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Previous: Ind-Ra revises SAIL outlook to negative from stable

Next: Henkel Offers Custom Tailored Products and Services to Metal Coil Industry

MMK and Deloitte Compiles Portfolio of Business Projects for Digitalisation

Release time:Nov 25, 2019 From:admin

Magnitogorsk Iron and Steel Works together with Deloitte has produced a list of MMK’s future digital transformation projects, to be completed by 2025. A thorough selection process resulted in a list of 110 projects in 18 areas of the company’s core business. These will form the basis of MMK’s overall digitalization strategy. The Deloitte methodology allowed not only to balance digital development between the redistributions in the value chain, but also to provide a systematic increase in technological maturity between functional areas. Among the selected projects for digitalisation are various programs aimed at improving labour efficiency and at strengthening positions in priority markets. Overall, digitalisation will affect all strategic areas of MMK.

MMK plans to build a new ecosystem of interaction with consumers. It should simplify and speed up order placement, make tracking the completion of a task easier, and should ensure control over mutual settlements and joint planning of actions. To do this, MMK plans to use the latest version of the ORACLE OeBS accounting system and the adapted scheduling system for the production of Ausferr OKPP AS.

Essentially, the fundamental vision is the implementation of projects that will reduce the consumption of material and energy resources and increase the yield of metal suitable from the first processing, while also increasing the efficiency of operations in general. Optimisation of the use of iron ore and its useful components begins with the identification of the chemical composition of the raw materials when they are delivered from suppliers, and the selection of appropriate technological operating modes of the equipment. The use of machine vision and the automation of sampling and research of samples should increase the rate of identification of process deviations, significantly reduce overheads and allow MMK to recycle rejected products at most stages.

There will be repair services which will also help to increase overall efficiency by introducing predictive analytics projects, mobile workplaces for repair personnel, and integrated planning tools to assess the impact of changes to the original repair schedules. The quality and efficiency of general repair work will be further enhanced through intelligent management of spare parts, and by 3D printing some particularly critical items.

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Next: Henkel Offers Custom Tailored Products and Services to Metal Coil Industry

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