MineMarket is the only solution specifically designed to address the supply chain challenges faced by the mining industry. The solution is a key component of the ABB Intelligent Mining Solution (IMS), the most comprehensive and effective suite of technical software for the mining industry.
MineMarket provides real-time enterprise visibility across the entire product and logistics process, from ore extraction to product delivery, and through to the fulfillment of contracts. MineMarket manages a range of scenarios to deal with ever-changing market conditions, to optimize contract fulfillment and revenues. MineMarket also provides comprehensive and integrated coverage of the logistics and sales processes for mining and mineral producers and commodity traders.
Eliminate Islands of Information
Within many mining organizations, the use of spreadsheets and disparate systems has led to inconsistent processes and conflicting information. This can lead to time wasting disputes, incorrect decisions, errors, and high IT overhead. Data from all points of the supply chain, through to details of contracts, invoices, and payments, tend to be owned by individuals within the organization.
In order to meet the demands of complex contracts and man-age sophisticated logistics, it is crucial to consolidate and manage the relationships of operational data, as well as make it visible and accessible to all stakeholders in the organization. Mining companies are also increasingly subject to both internal and external scrutiny, so it’s critical to be able to track and verify commercial data trails.
From Mine to Market
MineMarket provides the broadest coverage for managing the mining value chain by combining comprehensive material tracking, logistics management, and complex sales and marketing capability into a single solution.
Through connecting operational data and its relationships from mine to customer, MineMarket maximizes commercial outcomes by optimizing logistics, charting the impact of sales, and tracking and identifying operational bottlenecks. MineMarket minimizes delays in data collection, ensuring the same data is visible across the organization, which facilitates analysis, adjustment, and reconciliation.
MineMarket can be used in conjunction with other business systems, integrates seamlessly with other ABB IMS products, and provides sophisticated reporting and web service integration capabilities.
MineMarket’s supply chain model enables users to track quality, quantity, and contributors from ‘in situ’ to shipment and beyond for both bulk and discrete units.
MineMarket’s logistics capabilities include the modelling and scheduling of trucks, ships, trains, and barges, including a range of detailed features such as complex traffic handling, equipment and transport delay management, and ship line-up.
Connects the mine to the customer through comprehensive management of complex contracts, including freight and service contracts, credit management, hedging, contract linking, settlement, tolling, and invoicing, all in one platform.
MineMarket provides a range of reporting including standard KPI reports, audit reporting, and configurable dashboards.