Industries / Mining and Metals
Mining and Metals
Can you afford to leave significant profits on the table?
Unlimited What-Ifs. Optimized Trade-offs. Higher Profits.
The softening of the commodities markets means that more than ever, mining executives must know which products and customers drive the highest profit, and as a consequence also where they can reduce their costs. While managing the mine, supply chain, mills/foundaries, port and shipping operations remains important, it is critical to look across these functional silos and connect them with demand generation, revenue and costs to see the big picture.
River Logic is the only vendor capable of delivering a holistic view of business operations. Leveraging prescriptive analytics through optimization and what-if analyses, it allows you to quickly find the products, customers and areas in the value chain with the highest opportunity. With a direct representation of financials, it also enables financial executives to properly understand risk and allocate capital with confidence.
Our planning and prescriptive analytics solution allows companies to represent their business realities quickly while easily defining and exploring alternative scenarios. Our customers see up to 5% of revenue in additional profit and significant improvements in decision-making agility and performance predictability.
Identify the combination of products, production, blending and transportation that maximizes financial contribution to the business, avoiding the pitfalls of siloed planning
Develop production and workforce plans that maximize the performance of the assets
Optimize the configuration of mine support services including workforce accommodations, transportation, flight schedules and utilities
Evaluate capital expenses and improvement programs from mine to port to find the optimal portfolio that maximizes return on capital invested (ROIC)
Respond to unplanned asset breakdowns or supply chain disruptions in near real time, and always with the plan that maximizes business performance
Quickly translate market price changes into highly accurate operational and financial forecasts, driving higher confidence in the management team
"We as a company make decisions dramatically different than we did five years ago because of River Logic. We exited an entire business because we realized it was unprofitable."