Per McKinsey & Company, the mine-to-market value chain can unlock value for mining companies. Focus on end-to-end processes (mining, processing, transportation, equipment), rather than silos, can create sustainable competitive advantage.
Enhancing the value chain relies on 2 factors: (1) Organizational enablement leverages cross functional focus and advancing technologies to improve processes; (2) Data/tech architecture captures/tracks operating data across the value chain and uses advanced analytics models (simulation, optimization, digital-twins) to support decisions. Digitization provides end-to-end transparency and data driven innovation, with many companies just beginning their journey.
MOSIMTEC supports mining companies in their mine-to-market transformation. We have done dozens of mining projects, including all aspects of the value chain, across many mine types, geographies and products. Our industrial engineers/data scientists specialize in advanced simulation, optimization, digital-twins and analytics tools to help improve mining company performance. How can we help you?
#modelingandsimulation #miningindustry #mining industry simulator
To learn more, visit: https://www.mckinsey.com/industries/metals-and-mining/our-insights/the-mine-to-market-value-chain-a-hidden-gem