In an environment where tough economic conditions prevail, organisations are increasingly challenged with providing assurance to their stakeholders that corporate obligations are being achieved in all areas of operations.
The effective management of a Mining operation's Physical Assets is an essential element in the delivery of stakeholder value. The Mining Asset portfolio is becoming increasingly diverse, with assets such as Mobile Mining fleet and Fixed Plant & infrastructure, including Rail, Roads and Port facilities. Asset Managers need to ensure an organisation's assets are managed effectively with a focus on optimum performance, whilst minimising costs and mitigating risk.
The Mining Industry has undergone significant transformation in recent years as organisations consolidate to ensure global competitiveness.
Strong demand and high commodity prices is driving investment, as organisations strive to deliver new operations and optimise production at existing sites, in an environment where regulatory demands are becoming increasingly stringent.
Mining operations continue to confront a series of challenges that impact on their competitive performance and the delivery of value to their stakeholders including:
- a commitment to workforce safety
- a focus on cost containment
- the shortage of skills and retention of knowledge
- the drive for continuous improvement towards operational excellence
- environmental and regulatory compliance
- the efficient & effective management of Physical Assets
IBM's Maximo Enterprise Asset Management (EAM) solution provides an integrated process enabled capability that empowers Mining organisations to address these challenges and deliver tangible and sustainable business value to the bottom line.
For further information please view our Maximo in Mining PDF.