Capstone Mining

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Capstone Mining

Capstone Mining Corp. is a Canadian base metals company with three producing copper mines. The company acquired the Pinto Valley mine in Arizona and needed to move it quickly onto a new enterprise resource planning (ERP) software system.

Capstone looked to the SAP® Business All-in-One for Mining solution and partner Illumiti for help and implemented the new software in just four months – on time and on budget. The ERP solution and a subsequent business intelligence project are already having a significant impact on the business, with a 92% improvement in procurement cycle time, an 80% reduction in maverick spend, and a 34% increase in inventory accuracy.

Objectives
• Move a newly acquired mine onto a new, stable, and fully functioning enterprise resource planning platform as quickly as possible
• Establish a sophisticated and reliable IT platform for innovation and growth
• Obtain visibility into key business metrics to benchmark the business and improve employee performance

Resolution
• Worked with SAP and Illumiti, a partner with wide experience with software for the mining industry
• Implemented SAP® Business All-in-One for Mining, a best-in-class solution
• Achieved a four-month implementation supporting 250 users followed by a four-month business intelligence project

Benefits
• Major improvement in employee performance due to the ability to use realtime key performance indicators to set and track goals and performance
• Significant reduction in procurement cycle time along with improvements in inventory accuracy

TOP BENEFITS ACHIEVED

  • 92% Improvement in procurement cycle time
  • 34% Improvement in inventory accuracy
  • 18% Increase in spend under management
  • 80% Reduction in maverick spend

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“We are delighted to say that our project was on time and within
budget. In addition, the combined Illumiti and SAP solution is relatively
uncomplicated compared to alternatives, which helped accelerate the
adoption of the software by our team.”

Jim Slattery, CFO, Capstone Mining Corp.