Henley-in-Arden, UK – 15 October 2013 – Lanner, a provider of simulation software proven to maximise performance and optimise resources, today announced that Lucas Varity, a division of TRW Automotive focused on the development, manufacture and sale of hydraulic brakes, has reduced its operating costs by almost £100,000 per annum using its WITNESS predictive simulation platform.
Faced with a challenge to reduce its operating costs by 10%, Lucas Varity worked with consultancy DYNAMIC FUTURE and WITNESS to create a model designed to dynamically simulate material flows, storage capacity, handling equipment and personnel, to remove bottlenecks and optimise warehouse and supply chain operations at the brakes company.
It mapped different types of handling equipment such as fork lifts, all transfer points, truck capacity and constraints, with a view to eliminating a number of delivery points across the supply chain, as well as reducing the number of fork lifts used in production. Through reducing the number of delivery points across its supply chain and cutting the number of forklifts used in the warehouse, the company realised savings of £8000 per month.
“Through the creation of a virtual representation of a product flow through a factory or supply chain, simulation can quickly identify bottlenecks and inefficient processes, and determine the optimum route to profitability,” comments David Jones, CEO, Lanner. “Lucas Varity is a great example of a manufacturer which is using predictive simulation to drive innovation in its processes and realise large scale benefits as a result.”
Josef Jindra, former logistics manager of Lucas Varity, comments, "Working with DYNAMIC FUTURE brought us new approach process optimisation. Our use of dynamic simulation to model handling processes helped us to verify a lot of different scenarios with an emphasis on elimination of delivery stations, decreasing the number of fork lift trucks and reducing total operational costs. After implementing the conclusions of the model we were able to reduce operational costs by almost £100,000 per annum. This project showed us big possibilities in optimising processes through dynamic simulation and started a long term relationship with DYNAMIC FUTURE."
Lanner delivers predictive simulation technology, a key component of advanced analytics which allows organisations to harness big data, model complex processes and experiment with business decisions within a risk free, virtual environment.
Lanner’s predictive simulation solutions deliver unprecedented insight into existing operations as well as guidance through foresight for making the best business decisions for the future.
With its headquarters and software development based in the UK, Lanner works with organisations around the world to optimise their resources, streamline supply chains, design new facilities, manage valuable assets and drive business performance.
Lanner’s predictive simulation applications and solutions are widely deployable across distributed cloud environments, mobile devices and secure networks, and its standards based, award winning simulation engine has been embedded across leading vendors’ BPM software suites.
For more information, visit www.lanner.com or follow @Lanner on Twitter
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