As they begin growing and opening new mines, often in different countries around the world, small and medium sized mining companies deal with a new level of operational management challenges—often not supported by their existing IT systems and mining software. Given their size and the vast resources required during the exploration stage, Mining IT managers tend to believe that their companies would not be able to afford an implementation of a fully-fledged enterprise management system like SAP®.
Illumiti has packaged its SAP® implementation experience with small & mid-sized mining companies into a Mining solution accelerator—enabling our highly professional teams to complete typical projects at an exceptionally fast pace. Illumiti’s Mining solution accelerator includes pre-configured business processes based on industry best-practices supporting requirements in areas including Financials, Production Reporting, Procurement, Maintenance, Capital Projects, Fixed Assets and Business Intelligence. Our mining solution accelerator is built on top of SAP® S/4HANA and is designed to facilitate rapid implementation of the software for small and medium sized Mining companies.
The solution enables Illumiti’s clients to:
Mining companies today are dealing with a greater volume of information than ever before. Addressing concerns around topics such as safety, asset utilisation, environmental and country-specific regulation, means that managing large global mining operations is an extremely complicated business. To achieve success in this competitive sector, management must have a strong grasp on all aspects of their business – from their day-to-day production statistics to equipment breakdown rates and capital project progress against budgets. Managing such varied operations can be a challenge.
Achieve remarkable results with Illumiti’s Mining Business Intelligence solution
Illumiti has developed a unique offering that can help your mining company gain the insight you need to make critical decisions. Illumiti’s Mining Business Intelligence solution can help you answer:
|Underlying Earnings||What is the underlying business performance of your mining operation?|
|Total shareholder return||How is your company performing in terms of shareholder wealth generation?|
|Net Debt||How is your net debt being reduced over time?|
|All Injury Frequency Rate||What is your total number of injuries per 200,000 workers, and how has that trended over the last year?|
|Capital expenditure||Capital Expenditure tracks new and continuing investment in value adding sustaining and growth projects – how many of these projects have been initiated and how are they tracking against budget?|
|Operating cash flows and costs||What are the operating costs for the mine as a cost per amount of ore mined and amount of metal recovered?|
|Percentage of metal recovery||What % of metal is recovered versus ore mined?|
|Equipment Efficiency||How can you minimize equipment idling and breakdowns?|
|Mine Productivity||How do the productions levels of each of our mines compare?|