SEOUL, KOREA - Add a little fun to your business journey. Imagine you too can set on a quest to find three Dragon Balls that grant your desire to grow business. Just as animation characters had to collect each glowing ball by going through all sorts of hardship on their feet, a traditional way for a company to increase its revenue was to generate extra profit by creating new business cases. Such creation sometimes meant risk, unbearable obstacles, and cost inefficiency. We learn from A Manufacturing Company who obtained a simple solution from KSTEC. SyncPlant APS of KSTEC helped A Manufacturing Company to decrease 20 percent of their Mask Change. In the meantime, their automated transportation rate increased from 50 percent to 90 percent, which enabled them to manage a stable working process. In fast changing society, the efficiency and the safety of a company determine profit and loss of a company. These speed booster and protection can be granted with a simple solution. This May, meet KSTEC in Beijing at 2013 INT’L SOFT CHINA and collect solutions from it. It will be the well worth investment.
Exellency
KSTEC, spun off from POSCO Group in 1998, specializes in framework based businesses, software package development, and business consulting over various industrial fields, including manufacturing, finance, communications, and distribution. Using over 15 years of experience in developing APS, SCM, BRMS, BPM, FDS, NMS solutions, they are currently supplying software to many distinguished companies in and out of Korea.
KSTEC is successfully competing in the hot industry with their sophisticated solutions such as SyncPlant APS (Advanced Planning and Scheduling System), a system for manufacture planning and scheduling, and SmartWorks FDS (Fraud Detection System), a smart system that prevents insurance fraud. KSTEC’s SyncPlant APS and SmartWorks FDS are very competitive solutions in a global market.
Both solutions are certified by IBM IF (Industry Framework) for being professional solutions in the manufacturing and insurance industry. This proves they are very competent products in the global software market.
Using the technology earned through their experience of building a number of systems, they were awarded with the Intelligence Grand Prize for Intelligent Systems by the Korea Intelligent Information System Society in 2006 (FDS project for Samsung iife insurance). As of today, KSTEC has 15 products and 1 patent.
KSTEC was also chosen as technological innovative small and medium business by the Small and Medium Business Administration, the criteria being technological innovative capability, and technology to business conversion capability, technological innovative management capability, and technological innovation results. KSTEC is also registered as a Research and Development service by the Korean Ministry of Education, Science and Technology. It is also actively participating in school-work related activities such as funding and presenting at the Korean Business Rule Forum (Conducted by the Korean Information System Society), and holding exhibitions at a conference held by the Korean Operations Research and Management Science Society.
Currently KSTEC holds many clients from various industries ranging from Electronics, Heavy Industry, Steel making, and Insurance. In spite of the fiercely competitive software industry, the company never stops growing and is set to leap into the global market.
Solutions Save Those who Save Themselves
What a company must do when they are facing problems in working environment? It must go on its journey to find the answer to the problem. The same goes to generating more profit or leaving more margins to a company. The key is often placed right in front of the door. In a grand exhibition hall, plan a quest to collect the following treasure to maximize your working environment.
SyncPlant APS (Advanced Planning & Scheduling System)
SyncPlant APS is an effective supporting solution for the overall manufacturing industry (Semiconductors, flat display, heavy industry, mechanical and electronic parts, mechanical assembly, processing industry, motor industry, and the paper industry). Main functions include setting up long term and short term manufacturing plans, data inserting and editing, and building rules for plan settings, progress monitoring, analyzing deadlines and other KPI (Key Performance Indicators). Its function even covers further in the areas to compare and analyze scenarios, and give warnings for troubleshooting in an early stage.
The strong points of SyncPlant APS is that it provides a specific and quantitative solutions for decision making problems based on logic, which means increase of revenues. SyncPlant APS also reduces task delays and overtime running, increases crisis response abilities, and supports rational decision making. It also increases the chances of customer satisfaction by helping them to achieve deadlines as well as providing various alternative scenarios, auto scheduling, and conversational scheduling solutions.
It has a simple data structure which makes it easy to integrate with the company’s previous system and enables quick responses through a convenient and intuitive GUI (Graphic User Interface). These increase planning quality and work efficacy. By incorporating certified optimizing technology (Linear programming and heuristic’s hybrid algorithm), the solution provides a low TCO (Total Cost of Ownership) for small and medium sized business, and is a very sophisticated patented solution capable of schedule planning for discontinuous manufactures.
One of the successful implementation of SyncPlant APS was set as an example by A Manufacturing Company. To increase efficiency and safety of the working process, A Manufacturing Company wanted to calculate a management system which was in line with the production schedule. It also desired to apply optimizing technology on their existing data. All these needed to be done in prompt manner. Out of all software, A Manufacturing Company chose SyncPlant APS for a few reasons: experienced crews, compatible system that works right away with their previous data structure, quick responsive GUI at easy to use, and the ability to express its complicated field constraints. After embedding SyncPlant APS, A Manufacturing Company decreased 20 percent of their Mask Change while their automated transportation system increased from 50 percent to 90 percent. This enabled them to manage a stable working process.
SmartWorks FDS (Fraud Detection System)
SmartWorks FDS is a BRMS (Business Rules Management System) based intelligent insurance fraud detection system. The key function of SmartWorks FDS is that it reacts preemptively against a case where client is making a false claim for the purpose of insurance. SmartWorks FDS’s BRM framework consists of a JAVA library that is needed to set up BRMS (Business Rules Management System). It provides a rule distribution management module, KFRM (KSTEC FDS Reference Model) to check the probability of an insurance fraud, and to provide a risk factor application model.
Other function of SmartWorks FDS include building a quick and flexible business administration environment. This can be used as an under lighting index to avoid adverse selection of insurance, quickly react to new insurance frauds that are often caused by fluctuation of administration environment, and to create an honest payment culture while protecting well intended clients. Major Clients of SmartWorks FDS include A Life Insurance, B Fire and Marine Insurance, C Investment and Securities.
RTS (Real Time Scheduler)
RTS is an optimization framework that is capable of finding an optimized solution within seconds, and its effects have been proven in several manufacturing industries, especially in the electronics field. The functions of RTS include mathematical programming, sequencing algorithms, a convenient and intuitive interface, increased expandability and flexibility by applying XML based integration technology, supports automated decision making and event handling. Major clients of RTS also include top-tier entrepreneurs like IBM, A Electronics Semiconductor, B Display.