Thursday, November 3rd, 2011 - SolveIT Software
SolveIT Software goes live at CBH Group

PERTH, WESTERN AUSTRALIA, 3 November 2011 – SolveIT Software Pty Ltd, a leading provider of enterprise software for supply & demand optimisation and predictive modelling, announced today that CBH Group has successfully gone live with SolveIT Software’s optimisation platform, which was configured for the CBH Group on behalf of Western Australian grain growers to optimise blending of their wheat loads.

The objective of the project was to provide additional value to CBH Group growers through a quality optimisation system that gives growers greater control over marketing their grain quality, while enhancing the consistency of grain quality available to marketers. Although it is relatively simple to calculate a weighted average quality for any grower who delivered to CBH Group at the completion of harvest, growers benefit from live calculations during harvest that allow for “improving” individual loads not meeting certain criteria against a quality bank of loads. This allows a grower to improve the grading of one load against another load.

“Quality Optimisation has been very well received by the market and promises to deliver real value to the wheat growers in Western Australia. Grain quality is a complex game, but adding the ability to mix loads, or part loads, to optimise within many varying limitations, is extremely sophisticated. SolveIT Software helped us to bring this cutting edge technology to the farm gate,” said Mr Mathew Regan, Grain Quality Manager, CBH Group.

SolveIT Software’s optimisation platform was configured to input many loads of grains, blend some loads together to form different lots, using either price or quality traits based on user’s request. The number of possible combinations for creating different lots is astronomical, especially when splits are performed (i.e. splitting a load into several loads). The challenge of finding optimised solutions in such an enormous search space was the main reason for selecting SolveIT Software’s optimisation platform for the project.

SolveIT Software’s proprietary optimisation platform is based on multiple artificial intelligence algorithms that dynamically compete and cooperate across the search space to solve complex, non-linear, highly constrained optimisation problems. This optimisation platform is the core solving engine for SolveIT’s supply chain applications, such as APS (Advanced Planning and Scheduling) and SCNO (Supply Chain Network Optimiser), and was used to power the CBH Group web application for quality optimisation.

CBH Group is a co-operative with operations extending along the value chain
from grain storage, handling and transport to marketing, shipping and
processing. With revenues in excess of $1 billion, CBH Group is based in
Western Australia and is owned and controlled by around 4,500 grain growers,
conducting approximately 332,000 truck load movements per year. For more
information, please visit www.cbh.com.au.

Contact Profile

SolveIT Software


SolveIT Software Pty Ltd is an Australian company specialising in supply & demand optimisation and predictive modelling. With more than 150 employees across 5 offices, SolveIT offers enterprise advanced planning software for supply chain network optimisation and demand planning & forecasting. SolveIT’s mining software applications cover exploration management, mine planning and scheduling, and pit-to-port logistics optimisation. Customers of SolveIT Software include Rio Tinto Iron Ore, BHP Iron Ore, Viterra, Pacific National Coal, Incitec Pivot, Foster's Group, Nufarm, Liquor Marketing Group, PFD Food Services, Pernod Ricard, Fortescue Metals Group, Xstrata Copper/Zinc/Coal, BMA Coal, Hancock Prospecting, ElectraNet, Crossland Resources, and CBH Group.

Forward-looking (safe harbour) statement

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.


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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]
Jody Chiem
P: 0882215533
M: 0413296808
W: www.solveitsoftware.com

Keywords

SolveIT Software, CBH Group, enterprise software, software, supply and demand

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