Today’s Mining organisations increasingly buy, sell, and source commodities from around the world. In this increasing consolidated and competitive market trading companies need to execute contracts within contractual terms, monitor and control all costs associated with the contracts and implement risk strategies that protect the bottom line.
Mining has the specific challenges of high logistics costs due to the nature of their products, which are typically heavy, bulky, difficult to store, and sometimes hazardous. In addition many of the mines are in remote locations so with skyrocketing energy prices, new regulations, and a shortage of logistics providers it is even more critical that mines control transport costs.
Scalable helps Traders improve visibility of all trading data across the organisation. This end-to-end visibility provides management with “One Version of the Truth”.