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Both in Australia and globally, the mining sector is changing rapidly. It’s also facing a raft of challenges: supply chain disruptions, a shortage of skilled workers, pressure to comply with ESG regulations and a growing list of regulatory requirements.

Also, while the sector has traditionally been dominated by the ‘top 40’ firms, this is changing quickly, according to PwC. New, agile, and innovative mining organisations are emerging in response to the growing need for critical minerals. Technology now plays a pivotal role in all kinds of areas, and 93% of mining companies say they plan to increase their overall spending on technology in the near future.

So as a new, agile mining company, how can you use technology to gain a competitive advantage? What should you be looking for?

#1 Sustainability and ESG Reporting

Today’s mining organisations are under significant pressure to both report accurately on their emissions and ESG performance, and to show they are proactively taking steps to improve.  

According to a recent report by PwC, “ESG is no longer optional or a point of differentiation; it is the minimum operating standard. Stakeholders are increasing the pressure, and strong social licences, responsible divestitures and tax transparency will be important for success.”

For many traditional firms, ESG reporting is a significant overhead – due largely to the lack of sophisticated technology.

By choosing a robust and reliable solution – such as with SAP S/4 Hana and SAP SuccessFactors – you get a single source of truth for ESG compliance, as well as automated reporting.

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#2 - A Better Employee Experience

As the mining industry struggles to retain talent, the organisations that manage to recruit and retain the best workers will get ahead.

Technology can play a key role in providing a positive and compelling employee experience.

A solution that leverages SAP SuccessFactors can help you provide a positive experience from start to finish – from onboarding, until the moment an employee leaves your organisation.

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#3 – Process Efficiency and Control

In the current climate, there’s simply no room for inefficiency. Robust, cutting-edge technology allows you to automate time-consuming processes at every step. You can also quickly identify problems before they escalate – saving time and money.

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Plus, with the right information at their fingertips, your people can make smarter, more informed decisions.

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#4 – Scale For Growth

A key disadvantage of many of the larger players in the mining space is that they lack agility. Many are also held back by dated and overly manual solutions.

SAP SucessFactors and SAP S/4 HANA have both been developed on a modular basis. So, you can start small, and then just add the modules as you need them—with the confidence that everything will be fully integrated and provide you with central, consolidated insights.

SAP can help you at every stage of your mine’s lifecycle – from initial exploration, through to your ongoing operation.

Need Help Choosing Technology For Your Mining Organisation?

Talk to the team here at DyFlex about how implementing an integrated SAP SuccessFactors and SAP S/4 HANA solution could help. Get in touch.

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