Outokumpu hopes to increase capacity by 100,000 tonnes per year and significantly improve lead times by fully digitalizing production at its site in Tornio, Finland, by 2020, it said on June 17.
The stainless steel producer has been working with software giant Microsoft to build an industrial digital platform, Outokumpu Digital Platform (ODP), that will result in end-to-end digital manufacturing and will transform the Tornio site "into the most digitalized and most cost-competitive stainless steel operation in the industry by 2020". "With digitalization of Tornio operations, Outokumpu aims to significantly reduce lead times to customers through step-change improvements in reliability, quality and supply chain management, and to gain up to 100,000 tonnes...