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June 2006 - Lone Star Steel Selects SCA Technologies SCAplannerTM Solution For Predictive Cost Modeling

 

Pittsburgh, PA -- June 23, 2006 – SCA Technologies, a leading provider of software solutions and services in Predictive Cost Modeling and Optimization announced today that its SCAplannerTM solution has been licensed by Lone Star Steel Company. This application supports key business processes of costing, budgeting, operations and financial analysis for business decisions.

In today’s rapidly changing business environment, reliable predictive methods are critical to assess and optimize costs and to identify the optimal business decisions. SCA’s software uses integrated financial and operational modeling to serve as the foundation needed for robust predictive frameworks” says Dr. Narendra Bhat, VP of Business Development.

Steven Jaggers, VP of Finance at Lone Star Steel says “Our manufacturing processes are complex and require tools that are able to handle the intricacies of our business and provide reliable cost analysis and decision support. Based on our evaluations we feel that SCA’s technology and their knowledge in this area would be of value to Lone Star Steel

 
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About Lone Star Steel Company

 

Lone Star Steel Company is a leading domestic manufacturer and marketer of oilfield and specialty tubing products. Its oilfield product line includes oil country tubular goods and line pipe, which are used in the drilling of oil and natural gas wells and the gathering and transmission of the oil and natural gas. Its specialty tubing products are used in industrial, automotive, construction and agricultural applications. Lone Star Steel Company is a wholly owned subsidiary of Lone Star Technologies, Inc.

Visit www.lonestarsteel.com for additional information on Lone Star Steel Company.

 
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About SCA Technologies LLC

 

SCA Technologies LLC (www.sca-tech.com) offer a unique solution enabling global organizations and manufacturing and supply chains to identify opportunities that can significantly improve their cost structure and improve the reliability and efficiency of their internal planning and decision making processes. SCA’s solutions use Operations modeling, Financial modeling using Activity Based concepts and Optimization as the basis for its predictive scenarios while using data from existing ERP or legacy systems. Applications of SCA ‘s solution include Costing, Activity Based Budgeting and Management & Decision support on a broad range of strategic and tactical business issues.

 
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