- A proof of concept showed potential business improvements worth hundreds of millions of yen per site annually.
- The study began in fall 2024, targeting production and inventory management for resin products.
- The initiative aims to expand benefits worth several billion yen across the Mitsui Chemicals Group.
- The collaboration focuses on rapid, precise, data-based decision-making using advanced optimization algorithms.
Collaboration Overview
Mitsui Chemicals and NS Solutions have partnered to enhance supply chain efficiency by integrating advanced mathematical optimization technology with manufacturing and logistics expertise. This collaboration aims to improve productivity and reduce costs through data-driven decision-making.
Proof of Concept and Financial Impact
A proof of concept conducted at Mitsui Chemicals' sites demonstrated potential business improvements worth hundreds of millions of yen per site annually. By expanding this initiative, the group anticipates benefits amounting to several billion yen across its operations.
Implementation and Focus Areas
The study commenced in the fall of 2024, focusing on production and inventory management for resin products at domestic manufacturing sites. The collaboration seeks to optimize production scheduling, inventory allocation, and multi-product adjustments, considering raw material constraints.
Future Expansion
Beyond production and inventory management, the partnership aims to enhance logistics network efficiency and optimize sales plans. The companies plan to deepen their collaboration to address logistics routes and sales strategies, leveraging advanced optimization algorithms for comprehensive supply chain improvements.
