Tuesday, May 15th, 2012
ADELAIDE, SOUTH AUSTRALIA, 15 May 2012 - SolveIT Software Pty Ltd, a leading provider of enterprise software for supply & demand optimisation and predictive modelling, announced today that it has been named a finalist for the 2012 Supply Chain Distinction awards in the Supply Chain Technology category.

The 5th Supply Chain Distinction Awards 2012 recognise outstanding achievements in the area of supply chain and logistics. Nominations were assessed by a panel of experts from the supply chain industry, and the Supply Chain Technology category recognises technology ideas that made substantial improvements to supply chain. The judging panel assessed each entry under the following guiding principles: clarity of objectives, effective resource allocation, quality of implementation, focus on manufacturing excellence, innovation, impact on customer perception, and results.

“We are privileged to be a finalist for this supply chain award, which reflects SolveIT Software’s commitment to innovation and commercialisation excellence,” said Mr Matthew Michalewicz, Managing Director, SolveIT Software. “Spending a large percentage of our annual revenue on R&D initiatives in the area of non-linear optimisation, integrated value chain planning & scheduling, and advanced analytics, it is rewarding to see our efforts recognized by both customers and industry associations.”

Category winners will be announced at the prestigious awards ceremony on 20 June 2012 in Berlin. For more information on the Supply Chain Distinction awards 2012 please visit http://www.supplychainawards.com/categories.asp

Other recent announcements at SolveIT Software include the on time and on budget deployment at the world’s 4th largest iron ore miner, Fortescue Metals Group. SolveIT Software’s APS and SCNO applications were configured for optimising Fortescue’s mine-to-port supply chain, and incorporate advanced features invented by SolveIT Software, such as decision visibility, dynamic trade-off analysis, and global optimisation. Targeted towards a range of planning & scheduling horizons at Fortescue from medium to short term, SolveIT Software’s mine to port product will assist in optimising the mine product blend, train schedules, port operations, berthing and maintenance scenario management.

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.

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


enterprise software, supply and demand optimisation, predictive modelling, supply chain technology



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