The future of mining requires simplification. Companies that buy from mining companies want the products and commodities they order delivered on time and as expected. They want flexible delivery options and no worries about compliance or safety.
Mining companies struggle with this due to significant complexities such as:
- Eroding margins from commodity price unpredictability; lower-quality reserves; and inefficient extraction, production, and supply chain processes
- Missed revenue opportunities from limited visibility into product assays, transportation networks, and situational factors in dispersed locations
- Difficult license retention from ineffective regulatory compliance processes and documentation and challenges maintaining safety protocols in dispersed locations
Moving forward, mining companies can maximise profits and achieve high levels of customer satisfaction through optimised asset performance; operational continuity; environment, health, and safety compliance; and, ultimately, timely deliveries.