The softening of the commodities markets means that more than ever, mining executives must know which products and customers drive the highest profit, and as a consequence also where they can reduce their costs. While managing the mine, supply chain, mills/foundaries, port and shipping operations remains important, it is critical to look across these functional silos and connect them with demand generation, revenue and costs to see the big picture.
Leveraging prescriptive analytics through optimisation and what-if analyses, it allows you to quickly find the products, customers and areas in the value chain with the highest opportunity. With a direct representation of financials, it also enables financial executives to properly understand risk and allocate capital with confidence.
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