How Secure Is Your Supply? Guide To Effective Supply Risk Management In The Mining | Deloitte | Energy and Resources Industries | Article | Insights has been added to your bookmarks.
How secure is your supply?
A guide to effective supply risk management in the mining industry
This report addresses key components of effective supply risk management that companies should be developing in order to better position themselves to meet market demand and exceed stakeholder expectations amid volatility and uncertainty.
In today’s turbulent business climate, ever-increasing supply risk threatens the ability of mining companies to meet market expectations consistently. Given rising commodity prices, the opportunity cost of lost production caused by supply issues is significant. Failure to meet production and capital project targets can significantly impact shareholder value and can cause companies to lose the confidence of key partners, suppliers and other critical stakeholders in the short-term. In the long-term, failure to meet production and capital targets can threaten a company’s very viability.