SolveIT Software Wins Tender at Xstrata Coal Queensland for Mine-to-Port Supply Chain Optimisation

ADELAIDE, Australia, Feb. 6, 2012 /PRNewswire-Asia/ -- SolveIT Software Pty Ltd, a leading provider of enterprise software for supply & demand optimisation and predictive modelling, announced today that it has signed a contract with Xstrata Coal Queensland (XCQ) for the deployment of SolveIT Software's Supply Chain Network Optimiser (SCNO) and Advanced Planning & Scheduling (APS) system. Xstrata Coal Queensland is running the project in conjunction with the deployment of Schneider Electric's Ampla MES application layer.

SolveIT Software's APS and SCNO applications will be configured for optimising the Newlands, Collinsville, and Abbott Point (NCA) mine-to-port supply chain, and will incorporate advanced features invented by SolveIT Software, such as decision visibility, dynamic trade-off analysis, and global optimisation. The applications will generate optimal mine blend and  train schedules, as well as plan and monitor inventory and supply chain capacity for the ports used in the NCA Coal Chain in Queensland. Some key objectives will be to maximise supply chain throughput at stated quality targets, maximise service levels, maximise production efficiency, and minimise production cost.

"We selected SolveIT Software for Integrated Planning of the NCA demand chain as they are experienced in optimising complex and dynamic logistics processes," said Mr Benno Giuliani, Transport and Logistics Manager at Xstrata Coal Queensland. "The NCA coal chain is a key asset in the Xstrata Coal Australia portfolio and is set for significant expansion in coming years. Ensuring we exceed customer expectations through optimisation of value, quality, quantity and cost of XCQ's coal products is our primary goal, and logistics optimisation initiatives across our systems landscape is a key driver for improved commercial and operational outcomes."

"The relationship with Xstrata Coal Queensland is extremely important to SolveIT Software," said Mr James Balzary, Director of Resources for SolveIT Software. "It builds on our current projects in the broader Xstrata Group with mine-to-port planning, scheduling and optimisation at Xstrata Copper and Xstrata Zinc, and confirms our commitment to next generation approaches for value chain optimisation in the mining sector."

The NCA Project includes the Newlands open cut and underground longwall operations, the Colllinsville open cut mine and the Abbot Point coal terminal. The project is a joint venture between Xstrata Coal (55%), Itochu Coal Resources (35%) and Sumitomo (10%). Abbot Point coal terminal is owned by the Ports Corporation of Queensland.

Newlands is located in the northern part of the Queensland Bowen Basin and produces export steaming coal and coking coal. For more information about Newlands Coal, please visit http://www.xstratacoal.com/EN/Operations/Pages/NewlandsCoal.aspx

About SolveIT Software Pty Ltd

SolveIT Software Pty Ltd is an Australian company specialising in supply & demand optimisation and predictive modelling. With more than 100 employees across 5 offices, we offer enterprise software for advanced planning & scheduling, supply chain network optimisation, demand planning & forecasting, and predictive modelling. Our mining software applications cover exploration management, mine planning & scheduling, and mine-to-port logistics optimisation. Customers of SolveIT Software include Rio Tinto Iron Ore, Rio Tinto Simandou, Xstrata Coal, Xstrata Copper, Xstrata Zinc, BHP Billiton Iron Ore, BMA Coal, Fortescue Metals Group, Pacific National Coal, Crossland Resources, Viterra, Visy Industries, Pernod Ricard Pacific, Amcor, CBH Group, Incitec Pivot, ElectraNet, Foster's Group, PFD Food Services, Liquor Marketing Group, and the Australian Defense Science and Technology. For more information about SolveIT Software, please visit www.SolveITSoftware.com

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Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Contact:

SolveIT Software Pty Ltd
Level 1, 99 Frome Street, Adelaide, SA 5000
P.O. Box 3161, Adelaide, SA 5000
Phone: +61-8-8221-5533
Fax: +61-8-8221-5677
[email protected]

SOURCE SolveIT Software Pty Ltd