Caron Business Solutions’ Blog About Accounting, CRM and HR Solutions
Business Intelligence Data Allows Mining Companies to Look Ahead
For a mining company seeking sustainable growth and profitability, information is critical. You are already be generating a tremendous amount of data from the field and the office, but how quickly and how effectively are you able to access and analyze that data to unlock the actionable insights within? Gaining access to actionable data requires a powerful business intelligence (BI) tool to uncover the gems.
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Rethinking Mining Operations amid the COVID pandemic
Recently, research giant McKinsey advised mining companies to rethink their responses to the pandemic, and outlined a “5R” approach: Resolve, Resilience, Return, Reimagine, and Reform. Similarly, in Understanding COVID-19’s impact on the mining & metals sector, Deloitte speaks about three dimensions of managing the crisis: Respond, Recover, and Thrive. Extrapolating from these insights, we offer up our own take on how mining companies can survive and thrive in the new global economy.
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A Guide to Optimizing Procurement for Mining Companies
Here we provide a quick overview of the steps in the procurement process and offer tips for optimizing each stage.
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Improve Mining Procurement to Reduce Waste and Save Costs
Here we’ve identified five areas in the procurement cycle where mining companies can reduce waste and costs to better position themselves for the recovery. In our next installment, we’ll get into the specifics of how smart procurement tools and practices provide the practical infrastructure needed to make it happen.
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Mitigating Risk And Adapting To Change
The current health crisis is highlighting the need for an effective mining industry ERP solution that supports mining companies’ efforts to mitigate risk and adapt to change.
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Fast and Fluid — Cloud ERP is Mining Companies’ Fuel in Uncertain Times
Never before has your mining company’s ability to be fast and fluid mattered so much. While the stay at home orders will eventually be lifted — business as usual is no more. It will no longer be...
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