Siecap completed a major business operations transformation programme in the Bowen Basin, relating to the mine maintenance functions. This involved training in the principles of Continuous Improvement (CI) required to support an organisational transformation.

The project delivered significant uplifts in the availability and reliability of the core mining equipment and in turn allowed the client to produce more coal from those two sites.

Qualitative insights into issues and gaps within key assessed areas of the operating supply chain

• Supporting analytical insights to determine suggested inventory holding reduction

• Detailed recommendation of 12 major opportunities to improve inventory visibility and availability, while reducing on hand value by 15% - 25%.

• High level execution strategy to implement recommended opportunities

RESULTS

THE BACKGROUND

A leading global resources company, with a remote and complex supply chain had concerns from stakeholders around inventory levels, management of inventory, inventory availability and costs associated with their current operating model.

·       Large mining operation with multiple connected sites with shared warehouses and inventory

·       >$100m of stock on hand

·       Lack of trust, visibility and communication between operations and supply team

HOW THE TEAM HELPED

The approach focused on the qualitative benchmarking of key areas of the supply chain with supporting data analysis to quantify the assessment. The assessment covered:

·       Strategy & Planning

·       Inventory Management

·       Warehousing & Logistics

·       Work Order Management

·       Catalogue & Master Data

·       Performance Management