Case Study: Honeywell schedules big profits for its clients with FICO Xpress Optimization Suite

Document created by toddrollin@fico.com Advocate on Dec 7, 2015Last modified by wendyfreitag@fico.com on Aug 2, 2016
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Case Study: Honeywell schedules big profits for its clients with FICO Xpress Optimization Suite

 

Long before gasoline is pumped into your car it flows through a highly orchestrated production process. In order for refineries to manage this process cost-effectively, each element must be carefully coordinated. One of the keys to success is the production schedule. Yet, for many oil refineries and other companies in the continuous process industries (oil and gas exploration and processing, petrochemicals, mining, minerals and metals), the production schedule is created through

a surprisingly low-tech approach: Humans working manually with spreadsheets.

 

This case study details how Honeywell Process Solutions turned to FICO Xpress Optimization Suite to overcome the limitations of traditional optimization tools and develop a world-class optimization application that could be used by its clients to solve industrial-scale logistics problems and achieve quantifiable improvements in

manufacturing efficiency and quality.

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