Mining Magazine April 2019 | Page 92

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Digitising the supply chain

Mining companies ’ supply chains need to become more interconnected and responsive by embracing a circular system Deloitte calls the digital supply network ( DSN ). The ultimate goal is to leverage advanced algorithms , AI , and machine learning to turn data into insights allowing companies to reduce costs , respond quicker to change , and optimise mine planning to integrate real-time changes . Kevin Xu , Mining & Metals Leader , Deloitte China , says : “ Organisations that crack the code around fully interlinking their supply chains can do more than break down operational silos . They can gain the end-to-end visibility they need to enhance their asset utilisation , operational efficiency , and productivity – realising hard dollar savings .”
APRIL 2019