Skip to Main Content
Access your saved content
Research by Accenture has established a strong link between supply chain best practices and financial performance.
It has also found that high-performance mining companies deploy a host of strategies that make them supply chain masters.
Significant growth in demand for mining commodities, especially from Asia, has outstripped the ability of producers to increase supply to the market.
This imbalance has pushed commodity prices to historically high levels, with resulting windfall profits for producers. Accenture's experience shows that mining companies that have achieved high performance are capitalizing on current conditions and anticipating a return to normalcy by focusing not just on their traditional strengths of low-cost mine production, but on improving their performance across the extended supply chain.
Accenture's experience within mining and across other industries shows that improved supply chain management can directly improve business performance.
This is particularly true in the current supply-constrained market, where each incremental ton of throughput can make a significant difference to the bottom line. Collaborative supply chain planning, through innovation in technology and improved information flows mean that supply chain partners are able to synchronize their operations by continually adjusting to changes in demand and production.
Many mining supply chains today operate under significant infrastructure constraints, requiring focused management of system bottlenecks to maximize throughput. Accenture's experience indicates that better supply chain management can address this problem and achieve tangible financial benefits such as:
Accenture recommends four ways to achieve these benefits and progress toward high performance:
January 15, 2007
Skip Footer Links