20%
reduction in inventory
Mining
Minimise costs and stock levels, while maximising production
Slimstock helps mining companies and equipment suppliers to optimise maintenance, repair and operations (MRO), and spare part inventory, through a strategic, data-driven approach, enhancing availability, reducing costs, ensuring operational continuity, and contributing to a lower carbon footprint.
40%
obsolescence and waste reduction
PROVEN IMPACT ON AVAILABILITY, INVENTORY & SERVICE LEVELS ACROSS THE MINING ECOSYSTEM
Trusted by leading mining companies and their key suppliers
Optimise your mining supply chain from end-to-end
Slimstock enables you to achieve optimal inventory, minimising stock levels and costs while maximising production continuity and plant uptime 24/7, all with the lowest possible carbon footprint.
- Full integration and alignment: maintenance, procurement, and operations working in sync.
- Gain visibility and control: find the perfect balance between excess stock and critical shortages.
- Optimise mining operations: optimal stock levels and maximised production, in the most sustainable way.
- The right parts, in the right place, at the right time: reduce emergency purchases and improve service levels.
- Smart inventory management: automating the handling of hundreds of thousands of SKUs.
Overcome today’s mining supply chain challenges
Slim4 addresses the unique demands of the mining industry, ensuring you stay ahead in a time-sensitive, complex market.
Operational costs
Challenge
In a commodity-driven industry, costs continue to rise steeply each year, putting huge pressure on margins.
Solution
Reduce costs and free up working capital while improving profitability— by increasing production with optimal inventory levels. Slim4 provides precise visibility into what’s needed, where, and when.
Annual production
Challenge
As ore grades decline, boosting annual production becomes more difficult, putting pressure on mining operations to improve efficiency, reduce costs, and ensure equipment availability.
Solution
With advanced analytics and real-time visibility, Slim4 empowers procurement and maintenance teams to make data-driven decisions, anticipate risks, and react quickly to changes in demand or operations.
Carbon emissions
Challenge
Supply chains are responsible for as much as 60% of indirect mining emissions, working against critical ESG requirements and goals.
Solution
Slim4 reduces the need for urgent transport, overstocking, and waste, key contributors to unnecessary emissions. This helps to meet ESG goals and move toward greener operations.
Workforce safety
Challenge
Mining’s priority has always been worker safety, which can be risked without clear workflows or realistic objectives.
Solution
Slim4 enhances workforce safety in mining by ensuring availability of critical parts, and reducing emergency repairs and unplanned maintenance, which often take place in high-risk conditions and under time pressures.
Spare part availability
Challenge
To keep a plant running twenty-four seven, spare part availability is critical, and often harmed by suboptimal supply planning.
Solution
Slim4 ensures critical spare part availability by aligning inventory levels with maintenance needs, using advanced forecasting and real-time visibility to reduce stockouts and emergency orders to ensure smooth running production, twenty-four seven.
Operational continuity
Challenge
The balance between lean inventories and operational continuity becomes tougher at times of high demand without foresight of those production peaks.
Solution
Analysis of historical data helps to anticipate high demand peaks, so you can avoid stockouts, emergency purchases, unplanned downtime, and lost production.
Slim4’s key features for mining
Slimstock’s holistic platform provides powerful, industry-specific tools to transform mining supply chain planning and execution.
Slim4 simplifies the complexity of managing hundreds of thousands of SKUs by enabling smart inventory management that allows teams to focus on the most critical issues.
Advanced models are tailored to different consumption patterns, allowing for more accurate demand predictions that factor in unpredictable elements and mining’s traditionally long lead times.
Slim4 enables a dynamic approach to inventory categorisation based on criticality, demand, real-time capability, and business-specific KPIs.
Multi-echelon inventory optimisation
Manage multiple warehouses across broad footprints, seamlessly. Locate equipment and stock in the most strategic facility, based on known need and real-time capacity.
Slim4 allows you to set different service level targets for different part categories (critical versus non-critical). Optimise both production and maintenance through one, connected platform.
From refined stock policy, to automatic purchase order generation, and a dedicated economic order quantity (EOQ) feature, Slim4 minimises inventory costs without limiting production scope.
Kick Start Your S&OP in 90 Days
Launch a result-driven S&OP process in just one quarter. Simple, focused and proven
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Testimonials from the mining industry
See what our customers think
10%
inventory reduction across 40 branches
4%
availability improvement
Automated planning process
"With Slim4, we boosted our availability by over 4% while reducing inventory by more than 10%."
Victor Aguayo
Supply Chain and Logistics Manager
Find out how you
can
See Slim4 in action
From our customers to you
Game-changer for our Supply Chain performance.
Once we had decided on which Supply Chain planning software you implement, it was a relatively straightforward implementation. We had great support from the Slimstock implementation team throughout the whole process.
Slim4 has helped us centralize our purchasing, which has led to less time spent overall when it comes to purchasing.
At the same time we have increased our service levels to customers by several percentage points while keeping our stock levels low.
Slim4 was an easy tool to learn with an intuitive interface.
The team was quite hands-on in getting the implementation done as efficiently as possible and the results were quite evident from the get-go.
Speak to one of our experts
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