NHRI-Remsoft partnership aims to overcome data and implementation challenges for small and medium-sized businesses adopting digital forest supply chain solutions. The first SME implementation of the Remsoft Operations Cloud is now underway.
The Northern Hardwoods Research Institute (NHRI) and Remsoft have partnered to support best practice implementation of the Remsoft Operations Cloud within small and medium-sized enterprises (SMEs) in the forestry sector. The first SME pilot implementation is underway with a leading producer of hardwood products in Canada. Research for the project is supported by the New Brunswick Innovation Foundation’s (NBIF) Innovation Voucher Fund.
Remsoft Operations is a cloud, SaaS solution designed to manage the forestry supply chain from forest to mill in real time. It has been successfully deployed within large, global operators such as Weyerhaeuser. Hundreds of users, across different teams are actively planning and scheduling in the Remsoft Operations Cloud, and the system is being used to manage thousands of harvest units and several millions of tons of fibre.
“Within the Remsoft Operations Cloud, forest product companies can consolidate and connect all the people, processes and data sources needed to manage the entire supply chain,” says Doug Jones, Senior Vice President, Client Solutions & Innovation at Remsoft.
The ability to see everything in one, real-time view is key to unlocking cost savings, revenue, and performance opportunities across the value chain” said Jones. “And, with its cloud architecture and modular design, Remsoft Operations can scale to any company’s needs.”
NHRI is a collaboration of the forest sector, government and academia that conducts research related to the management of hardwoods and mixed forests of Eastern North America. The research is used to develop solutions to forestry management challenges including resource growth, timber value and long-term sustainability.
A key challenge for small to mid-size businesses adopting digital forest supply chain solutions such as Remsoft Operations is preparing the necessary data. The NHRI-Remsoft partnership will leverage NHRI’s unique expertise to overcome this challenge by streamlining the implementation process, including data preparation, digitization, and integration.
By partnering with Remsoft and implementing our precision block planning processes, we can improve operations and lower costs for SMEs,” says Gaetan Pelletier, NHRI’s Executive Director. “These are key drivers for developing a sustainable and globally competitive forestry sector.”
The project is supported by the NBIF Innovation Voucher Fund, designed to support SMEs with access to scientific talent and facilities they need to engage in R&D opportunities to accelerate innovation. NBIF contributed $44,200 to the partnership.
Jeff Lingley, Investment Analyst with NBIF said: “We’re happy to support the collaboration between NHRI and Remsoft. The Remsoft Operations software will prove valuable to any size organization in the forest industry and our team sees that potential. This partnership gives them access to R&D support to help bring the final SME solution to fruition.”
About NHRI
The Northern Hardwoods Research Institute (NHRI) is an innovative partnership between the forest sector, governments, and academia. NHRI was founded in 2012 to conduct research related to the management of northern hardwoods and mixed forests of Eastern North America. The applied research conducted at NHRI is executed to produce and mobilize the knowledge and tools required to optimally manage northern hardwoods and mixed forests, in terms of resource growth, timber value and long-term sustainability. Visit www.hardwoodsnb.ca to learn more.
About NBIF
The New Brunswick Innovation Foundation’s (NBIF) is an independent, private organization focused on venture capital and research funding. We help New Brunswick innovators, take their ideas further and solve globally relevant problems through research, solid advice and access to capital. We always represent the best interests of our portfolio. By leveraging their successes, we reinvest strategically to create new opportunities for New Brunswick. Visit www.nbif.ca to learn more.
About Remsoft
Remsoft is a leading provider of intelligence technologies for managing the world’s forests, land, infrastructure and industrial assets. Global organizations rely on Remsoft technology and expertise to manage more than 500 Million acres of land, solving complex forest planning challenges over all time horizons – from strategic, environment and policy planning to tactical harvest and resource scheduling, and daily forest operations efficiency. Remsoft’s optimization analytics software and digital supply chain solutions deliver insights and operational visibility to improve decision-making at every point in the value chain for sustainability, profitability, growth, and competitive advantage.
