World Monitor Mag, Digitalisation WM_June 2019 web | Page 47

klist
ted)
endent on
oductivity
vide better
es.
ve analytics
nagement
e tactics.
on of legacy
ion.
Wave 2
(Start now)
Wave 2 technologies listed will require
significant development to realize
benefits.
☑ Maintenance and production
schedules dynamically optimize.
☑ Predictive analytics to underpin a
change in maintenance strategy.
☑ Supply chain planning integrated
across the different nodes and
responding to real time market and
production information.
☑ Blast designs automatically linked to
concentrator performance and
implemented by smart charge trucks
and autonomous drill rigs.
and
ales) to fully
IoT
e ☑ Automated stockyard management
to optimize blending.
rovide ☑ Working capital management linked
to asset condition information and
production planning.
for
on of Wave 1
rk and with
usiness
ndertaken in
☑ Automated contractual processes.
☑ Training digitally delivered linked to
workforce behaviors.
☑ Using blockchain to provide greater
assurance of supply chain integrity (for
example, conflict free minerals).
☑ Optimization tools to drive greater
real time sales to match production
profile.
Wave 3
(Future)
Wave 3 requires scanning for trends
that may disrupt the sector and
establishing appropriate response
strategies. Examples of such trends
are:
☑ Greater emphasis on recycling and
substitution.
☑ New industry sectors arise in
response to consumer demand (e.g.,
lithium).
☑ Regulation in the area of AI ethics.
☑ Geo-political instability caused by
the changing nature of work.
☑ A skills disconnect in mining
businesses.
☑ Service companies becoming
dominant in the value chain and
extracting a greater share of the profit
pool.
☑ Resource nationalism.
☑ Rapidly escalating importance of
cybersecurity. The greater
dependence on systems creates the
potential for major disruptions.
☑ Social media driven volatility in
regulatory environments.
☑ A shift in the contractual/legal
environment through use of distributed
ledger technologies.
supported by EUROBAK
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