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Case · Inventory and procurement · Gold mining

An inventory and procurement management system for a gold miner

A gold mining company in a remote region with difficult logistics had no integrated system or processes for inventory and procurement. Planning ran on spreadsheets and an accounting system at each site.

  • Gold mining
  • Remote region
  • Inventory
  • Procurement
Discuss your project MRO inventory optimisation
  • −20%excess stock
  • 93%availability of highly critical stock
  • −10%procurement budget by avoiding duplicate spend
  • 1central MRO catalogue

The task

One system for stock and purchasing

Inventory and procurement were decentralised. The company needed defined processes and roles, a system that covers the full cycle and a clean central catalogue.

What we did

Processes, system and data

  • Inventory and procurement processes defined and documented, with roles, responsibilities, SOPs and procedures
  • An inventory and procurement system designed, built and implemented, including annual budget planning, logistics and warehouse operations
  • The catalogue centralised and the master data process automated
  • Optimal stock parameters set and duplicates removed from the MRO catalogue

Results

Less excess stock, better availability

  • Excess stock reduced by 20%

  • Availability of highly critical stock up to 93%

  • Procurement budget reduced by 10% by avoiding the cost of duplicates

Contact

Let's look at your stock and processes

Tell us about your sites, systems and stock. We will propose the first steps.

  1. 1
    Task and systems

    What you have now and what you need

  2. 2
    Quick assessment

    Data, processes and IT landscape

  3. 3
    Work plan

    Stages, timeline and scope

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