AI, Deep learning & Optimization help reduce variable cost for a large integrated steel plant

AI-Deep-Learning

A large steel manufacturer wanted to optimize planning & reduce variable costs associated with their operations. Hypercube used its AI, forecasting & optimization tools to streamline planning and reduce operational cost across different plants.

Key benefits:

  • Reduction in variable cost by 15%.
  • Optimized plant inventories, creating benefits to the tune of 27%.
  • Automated planning with no human error. Multiple what ifs can be done on charge mix and on daily, monthly or annual plans.
  • Deep Open AI analytics to figure out root cause for every plant operation.
  • Management dashboard that summarizes daily costs & efficiency.