Australian company TSG Consulting launches new services and technology

TSG Consulting
Tuesday, 10 February, 2015

TSG Consulting has secured distribution rights for the AnyLogic simulation software product for Australia and New Zealand and has also bolstered its expertise with the addition of David Whittle as the company’s newest associate.

AnyLogic has been operating for more than 15 years with offices in the US and Europe and a network of more than 27 distributors globally. The native Java environment provides multiplatform support. AnyLogic supports all business modelling methods in place today including system dynamics, process-centric or discrete event and agent-based modelling.

David Whittle is an internationally recognised leader in the development and application of strategic mine planning approaches and tools. After eight years with BHP Billiton, where he was the functional leader for several long-term planning processes, he has now established himself as an independent consultant to the mining and other capital-intensive industries.

TSG Managing Director Craig Stewart said the company’s traditional mining and expanding non-mining markets were looking beyond leveraging technology to reduce operating costs and optimise output - they were now also exploring how they could build data analysis capacity in their own teams.

The addition of the simulation software AnyLogic allows TSG Consulting to respond to this as it is a highly sought after product applicable to a wide range of industries.

“This is one of the world’s leading multimethod simulation software solutions in terms of managing risk, extracting value for existing assets, increasing throughput and reducing lead times,” he said. “AnyLogic captures the complexity of business problems and enables us to quickly model a diverse range of possibilities.”

Stewart said bringing AnyLogic into TSG Consulting’s suite of services was a clear adjunctive strategy that broadened its market offering and the start of an ongoing expansion of capability.

“We have been providing the world’s major mining companies with the advanced analytics services including data analysis, optimisation and simulation and modelling services for 20 years,” Stewart said. “While demand for our core services remains strong, we have embraced the opportunity to secure the Australasian distribution rights to meet growing demand.

“The new software is supported by an integrated training program, which addresses an increasing demand from the mining sector to build in-house capability for data analysis, simulation, detailed operations modelling, and optimisation of complex supply chains.”

The addition of David Whittle boosts TSG’s capability in the field of active opportunity framing (AOF) - a decision support system that allows companies to explore proposed project outcomes before committing to a major study.

Whittle said it was vital for project planning to make decisions that are well formed and robust.

“Active opportunity framing provides more certainty and assists mining companies to deliver superior growth and productivity outcomes through world-class resource planning and development,” he explained. “Importantly, AOF is extremely effective even when applied to situations with ambiguity or a high level of uncertainty.”

Since 1999, TSG Consulting has been delivering insights and confidence to business leaders for critical business decisions delivering billions of dollars’ worth of value for customers in Australia and internationally.

TSG applies advanced analytics in data analysis, simulation, detailed operations modelling, and optimisation of complex supply chains through a rigorous Integrated System Methodology. TSG has offices located in Perth, Brisbane, Melbourne and Santiago.

The company’s supply chain modelling has underpinned major expansion of the Pilbara iron ore chain; provided analytical insights to support a better investment strategy for a private equity firm; built a bespoke dynamic simulation of the world’s largest light rail transit system; and developed a bespoke optimisation analysis to support the strategic planning for Australia’s next-generation broadband project.

Related News

Mount Thorley Warkworth mine extension approved

Rio Tinto has been given the go-ahead on its planned Mount Thorley Warkworth mine extension by...

Researchers increase pipeline oil flow with electric fields

Researchers have discovered that oil flow in pipelines can be smoothed by applying a strong...

Further drops in the iron ore price predicted

A Shanghai analyst has suggested that the iron ore price could drop as low as US$30.


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd