By Sphera’s Editorial Team | May 29, 2020

THE MINING & METALS INDUSTRY IS FACING UNPRECEDENTED DISRUPTION AND VOLATILITY

The impact of demographic changes on the workforce, rising stakeholder demands, tarnished reputations and increasing levels of EH&S performance needed to maintain license to operate are compounding the existing challenges of managing traditionally highly variable and uncertain mining and metals operations.

According to management consultant, McKinsey & Company, worldwide mining operations are as much as 28 percent less productive today than they were a decade ago.

Leading industry organizations are looking to achieve breakthrough performance by rethinking their operational and risk management strategies to make operations and maintenance safer, seamless and more efficient in terms of shift time and asset use.

WHAT IS YOUR OPERATIONAL RISK REALITY?

Since the day an asset becomes operational, or the last major hazard risk assessment (MHRA) was completed, its risk exposure began to change. And unavoidably, risks are often managed in different parts of the organization. Information is siloed. Dots are not connected.

Achieving breakthrough productivity performance requires organizations to rethink how mining operations work. It means reducing data silos, improving short interval control (SIC) with a visibility of all operational risks and activities, and enabling work teams to act decisively.

THE POTENTIAL OF DIGITAL TO IMPROVE OPERATIONAL EFFECTIVENESS & SAFETY

Digitalization has become a key enabler of margin improvement and an enhancer of competitiveness in the mining and metals sector. Next-level productivity improvement to make decision-making easier and more cost-effective for Operations and Mine Managers requires organizations to advance from point solutions in the value chain to a holistic management approach.

A DIGITAL PARADIGM SHIFT

Industry 4.0 digitalization enables an integrated and preventative approach that helps with SIC, compliance, risk management, and operational excellence.

Sphera’s Operational Risk Management offers the first integrated view of the operational reality, with a radically different, far more effective way to visualize and manage front-line activities and risk.

It helps everyone make better, more informed decisions that increase productivity performance, reduce variability and uncertainty, improve safety outcomes, increase maintenance effectiveness, enable higher equipment uptime and utilization and lower operating costs.

  • Real-time capture and monitoring of critical mine and plant data to see its cumulative risk impact on the operational reality
  • Ability to improve operational decision-making with real-time insights across the full breadth of operations
  • Disciplined operational execution according to company safety standards
  • Improved frontline productivity with mobile connected worker technologies

CREATING INSIGHTS FROM SYSTEMS, SENSORS & HUMAN-RELATED ACTIVITIES

 

Learn more, download the datasheet here.


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