Operations
complex , automated equipment . This would obviously result in increased costs . By outsourcing equipment needs , companies can therefore save on capital costs .
Another benefit is companies have more time to manage areas in its core focus . With cost saving space of outsourcing , there is more available capital for other operations .
Tips for outsourcing Before selecting an outsourcing
partner mining companies should consider certain factors . Do you and your selected partner share the same values ? Does the external provider have a proven reputation ? What is their financial stability ? How much experience do they have ?
When correctly used , outsourcing can serve as a useful tool in bolstering performance , profits and efficiency .
Some do ’ s and don ’ ts to remember when choosing what functions to outsource and who to partner with :
Consider all the factors when selecting outsourcing partners
12 S eptember 2014