The Six Critical Steps to Transforming Your Mining Business

By Alexandre
Share on LinkedInTweet about this on TwitterShare on FacebookShare on Google+

The goal of every mining executive is to ensure their businesses and operations are economically sustainable for the long-term by being able to thrive even when commodity demand varies. This is, as we know, easier said than done, especially in an industry that has been averse to change.

Where do should executives begin and what can they do to ensure that operational improvements and increases to productivity and efficiency are maintained and built upon? The achievement of “Operational Stability” holds the key.

Getting to a point of operational stability involves a cultural change in the way the business is run. To ensure your organization arrives at the destination you set for it, you need to be the flight commander and provide the ground control system. Your flight plan, the vision, must be understood and acted upon by your pilots, the people who will execute it. The ground control systems, the supporting infrastructure, must be in place to help both you and your team navigate their way and monitor their progress.

To ensure your organization arrives at the destination you set for it, you need to be the flight commander and provide the ground control system. Your flight plan, the vision, must be understood and acted upon by your pilots, the people who will execute it. The ground control systems, the supporting infrastructure, must be in place to help both you and your team navigate their way and monitor their progress

Based on interviews with mining executives, Dassault Systèmes’ Fiona Carew explores the “Six Steps to Operational Stability” that will set you on the path for success and ultimately set the foundation for enterprise-wide agility.

  1. Set Your Strategic Vision and Lead from the Top
  2. Move to a Lean Mining Business Process Model
  3. Adopt ISA-95 Architecture
  4. Automation is Required
  5. The System Must be Completely End-to-end
  6. Change Management is Critical

Watch a short video presentation to learn more

– – – – – – – – – – – –

Follow Dassault Systèmes Natural Resources Industry on Twitter: @3DSNR

On the web: 3DS.com/natural-resources/

Increase Your Confidence in Economic Optimization and Mining Execution

By Alexandre
Share on LinkedInTweet about this on TwitterShare on FacebookShare on Google+

For every mining company, before the even scratch ground, the most overriding imperative is to be confident that the plans they have made will deliver a desirable rate of return. It can keep CEO’s up at night as they ponder if the company will achieve what was promised to investors. Mine managers and engineers share this concern about delivering to their promises. The key for everyone is – confidence. The more of it you have, the more likely targets will be hit and promises kept.

Software that helps plan, schedule and optimize has been around for decades, but it has been lacking significant new innovation to help boost confidence. It limits the number of analyses, and sophistication of analyses that can realistically be run by engineers. There is now, however, a new capability for the mining industry that has been improving confidence, and increasing economic results in other industries such as manufacturing by allowing for thousands of different options to be reviewed in a very short time frame.

Dassault Systèmes’ Operation Modeling and Simulation  enables you to accurately model your mining operations to simulate mine feasibility from conception through production. It pulls together vast sources of information into a fully integrated and optimized mine plan that can then be turned into executable mine schedules.

With Operation Modeling and Simulation, you gain the ability to create and review many more planning options than you can today, to boost your confidence in the one that is ultimately chosen. In addition, should economic conditions change in the marketplace, or operational objectives change at the mine, you will also have off-the-shelf plans ready to be implemented.

Operation Modeling and Simulation provides you with a suite of visual and flexible tools for creating simulation process flows—consisting of a variety of applications, including commercial software, internally developed programs, and Excel spreadsheets—in order to automate the exploration of planning alternatives and identification of optimal performance parameters.

Solution highlights:

  • Produce plans to a defined level of confidence using simulation and decision support.
  • Understand the driving factors and levers in your mining process.
  • Have Confidence in your Strategic and Tactical plans before execution.

To discover more about Operation Modeling and Simulation, watch the webinar “Increase Your Confidence in Economic Optimization and Mining Execution

 – – – – – – – – – –

Follow Dassault Systèmes Natural Resources Industry on Twitter: @3DSNR

On the web: 3DS.com/natural-resources/

Thoughts on Improving the Management of Mine Construction Projects

By Alexandre
Share on LinkedInTweet about this on TwitterShare on FacebookShare on Google+

Did you know that only 13% of all projects and programs are launched as planned without a major shift in resources?

You don’t need to tell Program Managers at Engineering Procurement and Construction Management (ECMP) companies that their jobs are more challenging than ever. They know it firsthand. Fundamentally, the business environment for mine construction has changed, perhaps irrevocably, in the face of dropping commodity prices and fewer mine construction projects. But that’s not the whole story. Competition over fewer projects mean EPCM companies must bid more aggressively. Yet, there is little room for error in those bids as the smallest of errors can quickly cause constructions programs to run at a loss.

On top of all this, the complexity of constructing a mine is higher than ever. Mine construction sites might be located in harsh environments, driving the need for safety protocols. They also might be located in dangerous locales that mandate new security procedures. Furthermore, the opportunity to control cost and quality is driving movement towards pre-fabricated construction components that are assembled on-site.

All this translates to new and more difficult tasks for Program Managers. They’re now charged with cutting costs, hewing to tighter and tighter budget demands, and working with more globally distributed project stakeholders than ever. They must track deliverables across a multitude of functional organizations, including engineering, procurement, fabrication and construction in an ever-widening supply chain. Despite all of these compounding complexities, the program must be executed on time and on budget within a much slimmer margin for error.

These trends and challenges also threaten one of the Program Manager’s most critical enablers: program visibility. Visibility into program status is critical. It enables Program Managers to identify issues early, before they turn into emergencies. It allows them to define and pursue corrective action. And without corrective action, projects run off the rails. Unfortunately, the reality of mine construction today is that most projects are failing in the face of these conditions. Lifecycle Insights findings from The PLM Study found that only 13% of all projects and programs are launched as planned without a major shift in resources.

There is some hope, however. Technology can provide missing visibility into program status. But common methods to track status, like routing physically printed forms, or emailing digital documents or using desktop project management applications, have major drawbacks. And they share one critical flaw: they must be manually updated to depict the actual, present state of the program.

There is a better answer: the Enterprise Business Platform. The technology platform offers the range of functions the many different program stakeholders need. Program Managers have an always-up-to-date program status picture thanks to the technology, because it connects and draws upon the disparate aspects of the program.

Excerpt from Program Management for Mine Construction: Delivering Programs on Time and On Budget, by Chad Jackson, an analyst, researcher and blogger with Lifecycle Insights.

——————————-

Download Mr. Jackson’s free eBook, “Program Management for Mine Construction: Delivering Programs on Time and On Budget” to read the rest of the story.

 – – – – – – – – – –

Follow Dassault Systèmes Natural Resources Industry on Twitter: @3DSNR

On the web: 3DS.com/natural-resources/



Page 1 of 612345...Last »