Resourceful thinking | KPMG | GLOBAL

Resourceful thinking

Resourceful thinking

A series of articles focusing on strategic planning, supplier relationships and technology in the global mining industry.

Series of articles focusing on strategic planning and technology in the mining industry.

Highlights:

  • Deal advisory is increasingly driven by a need for innovation
  • Automation and robotics are becoming integral to the industry
  • New financiers are entering the market, such as PE houses
  • Innovation is the new buzz word in energy and natural resources
  • The procurement process should be carefully monitored, to ensure that employees are ordering correctly and suppliers are meeting contractual terms
  • Closer relationships with suppliers can secure availability of parts and equipment at optimal prices and lead to improved material management.
  • Master data management is a huge challenge, and mining companies must enforce good governance and standardization of product names to receive the right items at the agreed prices.
 

 

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