Background
When a South African mining company decided to take over the outsourced operation and maintenance of one of its mine’s concentrate plants from its contractor, it decided to invest in IBM Maximo as its new Enterprise Asset Management system covering Asset, Maintenance, Inventory and Procurement Management.
Cohesive (Vetasi) assisted with a fast-track switchover from existing legacy systems to IBM Maximo within four weeks, utilizing Cohesive (Vetasi)’s “Mining Build for Maximo” solution. The mine business’s solutions were more recently further enhanced to the latest technologies available.
The key focus areas of the implementation were:
- Asset Management
- Work Management
- Inventory Management
- Procurement Management
- Financial management
The Cohesive (Vetasi) Approach
Cohesive (Vetasi) conducted a Site Survey using its in-house methodology to identify bottlenecks and improvement action plans. Focusing on the challenges experienced in the mine’s day-to-day operations, specifically related to maintenance tactics applied, KPI reporting and management, static data limitations, defect elimination, financial management and budgeting constraints. Cohesive (Vetasi) was contracted to deliver:
- Master Data Management
- Inventory Management
- Procurement Management
- Financial Management
- Business Solution Support
Benefits
The following key benefits were realised by the deployment of IBM Maximo:
IBM Maximo and Microsoft Dynamics AX integration
- Financial processes documented, improved, and embedded
- Financial reporting optimized
- Cohesive (Vetasi) single point of contact for all business systems.
IBM Maximo upgrade
- Database size reduction
- Improved application performance
- Financial Interface optimisation
Asset Management
- Tactic optimisation
- Condition-based maintenance enablement with SCADA integration
- Failure Reporting & Analysis
Work Management
- Process Institutionalisation
- Role-based Dashboards
- Focused Improvement
- Planning & Coaching
Inventory Management
- Item classification & Cataloguing
- Inventory reports and KPIs
- Improved material and spare part planning
- Reorder level optimisation
Procurement Management
- Authorisation workflow improvement
- Budgeting application implemented
- Updated cost reporting
