Ensuring adherence to the ESG framework is a priority as miners come under high pressure to decarbonize their operations.
Geopolitical issues can impact the demand and supply of raw materials, thereby adding to the company’s cost.
Inclusion of disruptive technologies in their overall portfolio will enable companies to improve operational efficiency and performance.
With decarbonization being the top concern for miners, equipment manufacturers should look for sustainable procurement.
While recycling is the way to go for ferrous and non-ferrous metals, sorting supply chain bottlenecks is key to business success.
To overcome geopolitical risks that are gaining prominence in the current environment, we offer solutions to smoothen supply chains and improve availability.
Sustainable procurement is the way to go in this industry, and we offer the best solutions that meet your requirements.
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Challenge: The demand destruction precipitated by Covid-19 and the market recoveries, post the pandemic, were playing hide and seek with the mining business’s growth and profitability plans. To navigate a market riven with uncertainties, the company chose to leverage our expertise in implementing procurement best practices to rein in risks.
Solution: Our experts scanned the client’s procurement processes through and through and surfaced various hidden obstacles such as lax contract management and performance shortfalls. We also helped the client roll out best practices to improve operations significantly.
Result: Thanks to our actionable metrics, production has hit top gear at the mining business while losses and risks are down to a minimum.
Read More to see the spendedge blogsGathering data on your supplier’s capability to deliver high-quality products is just not enough. More open communication will ensure suppliers not only deliver with quality but also ahead of schedule.
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