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By Dirk Claasens, IBM Vice President for Industrial Products , presents a point of view of the South African Mining Industry at Mining Indaba 2015.
The industry of mining is by its nature highly exposed to risk. Its asset intensity, commodity price dependence and health safety and security (HSE) profile demand predictability. So it seems perfectly understandable that productivity has become the mantra for the mining industry. The typical response to market volatility are austerity and capital investment cuts, but nothing more than a short term cash improvement. Urgent and sustainable productivity gains are important but responsiveness to volatile market demand is even more important. It’s called agility. Technologies pave the way to adopt a mine- on- demand supply chain design. Mine to order is
the big picture approach to gaining optionality in mine design and scheduling driven by the
power of big data and analytics. It’s the non-intrusive breakthrough the industry needs to be
agile and thrive. Not just survive.