PRESS RELEASE 22 Nov 2017
Pöyry Smart Forestry: applying technology and industry insight to optimise the forest industry value chain
Pöyry PLC Press release 22 November 2017 at 1:00 pm (EET)
A wave of new technologies and digitalisation is reaching forest industry and rapidly changing all the steps of the wood and biomass supply chain – a complex system that requires optimisation of multiple aspects in market dynamics, resource availability, logistics, technology and natural conditions. While essential business and performance indicators remain largely unchanged, the fast development offers new solutions for business planning, optimisation and operational efficiency.
Currently, the industry is under high pressure to optimise forest and wood supply strategies, operations and sourcing in a dynamically changing wood and biomass market environment. To cope with this change, businesses need to identify and implement new digital technologies and seek for value increase through operational excellence.
An ecosystem of digital data and service providers is growing rapidly. Pöyry Smart Forestry offerings provide unique insight and powerful analytical tools, based on best available technologies, throughout the forest industry value chain. They take supply chain efficiency to the next level and contribute to value maximisation in the wood and biomass processing.
Petteri Pihlajamäki, Director at Pöyry Mangement Consulting, says, “Pöyry Smart Forestry can offer significant cost savings, shorter lead times, and higher predictability and precision. The strategy needs to be based on the best solutions. It is important to identify the most relevant technologies and partners, make sure that the data and analysis cover the whole supply chain, and use state-of-the-art analytics and optimisation systems to ensure high-quality decision making.”
Pöyry’s service uses advanced market modelling and optimisation tools together with resource analysis. The analysis is based on high resolution satellite imagery, new collection technologies of ground truth data and cloud-based data processing for massive datasets. Combined with Pöyry’s decades of experience in global forestry and wood supply, our services and solutions cover areas such as strategy development and implementation, markets, forest management, supply chain, valuations and transaction support, forests and climate change, as well as operational excellence.
Director, Forestry, Biomass and Wood industry, Pöyry Management Consulting
tel. +358 40 541 6218
Did you know? Pöyry has almost 60 years of experience in forest industry consulting.
Pöyry is an international consulting and engineering company. We deliver smart solutions across power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry's net sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq Helsinki (POY1V). Approximately 5500 experts. 40 countries. 130 offices.