Introduction:

The objective of this service is to:

• Streamline equipment utilization.
• Effect a reduction in the costs of material delivered to the plant.
• Enhance the productivity of mines.

Coverage/ Methodology:

• Data Collection.
• Data Analysis: Delivered costs of raw materials, including stores & spares, consumables, repairs & maintenance, power, fuel, salaries & wages, CAPEX ownership (depreciation & interest), working capital, insurance, royalties & other duties, overheads etc.
• Identification of Cost Heads: Activities such as drilling, blasting, excavation, transport, reject handling, re-handling, mines development, environmental management, quality control, etc.
• Developing the Activity-Cost Head Matrix & Identification of Cost Influencers: A matrix is developed for relevant cost elements under different cost heads associated with each mining sub activity. Parameters influencing costs, as relevant to each sub activity are identified.
• Benchmarking: Comparison of performance parameters, sub-activity wise costs and total costs against benchmarks available with Holtec, as relevant to the particular environment.
• Strategic Action Planning: Strategic options.
• Identify options available for effecting improvements in
• Costs by modifying influencers and improving performance parameters.
• Operations by improving resource efficiencies/ utilization.
• Perform cost-benefit analysis to select the best option(s).
• Develop Action Plans for facilitating the implementation of the strategy mix chosen highlighting:
• Strategy description.
• Timing for implementation.
• Implementation costs including CAPEX.
• Expected benefits.
  

Benefits:

It helps in:

• Saving costs.
• Improving productivity.
• Enhancing equipment utilization.
• Rationalizing manpower.