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Mining is a critical industry for the global economy, providing the raw materials needed for everything from construction to manufacturing. However, mining operations are often complex and opaque, making it challenging to ensure that they operate efficiently and responsibly. Intelligent mining is a new approach that uses automation and data analytics to improve operations and increase transparency.
SAP Metals and Mining helps companies automate production and collaborate with customers, suppliers, and communities, allowing mining companies to improve their agility and deliver resources responsibly. This will help create sustainable operations and drive profits while ensuring shared social outcomes. SAP Metals and Mining enables intelligent mining as a critical tool for the industry’s future.
Key capabilities of SAP Metals and Mining include:
- Commodity Supply Chain Management. Includes long-term business planning, customer engagement, sales, purchase, and shipment of commodities, and non-bulk transportation management.
- Mine Operations. Includes project and portfolio management, mining and processing, asset management, warehouse management
- Operational Risk and Compliance Management. Includes environment, health, and safety, and products compliance
Mining is a critical industry for the global economy, providing the raw materials needed for everything from construction to manufacturing. However, mining operations are often complex and opaque, making it challenging to ensure that they operate efficiently and responsibly. Intelligent mining is a new approach that uses automation and data analytics to improve operations and increase transparency.
SAP Metals and Mining helps companies automate production and collaborate with customers, suppliers, and communities, allowing mining companies to improve their agility and deliver resources responsibly. This will help create sustainable operations and drive profits while ensuring shared social outcomes. SAP Metals and Mining enables intelligent mining as a critical tool for the industry’s future.
Key capabilities of SAP Metals and Mining include:
- Commodity Supply Chain Management. Includes long-term business planning, customer engagement, sales, purchase, and shipment of commodities, and non-bulk transportation management.
- Mine Operations. Includes project and portfolio management, mining and processing, asset management, warehouse management
- Operational Risk and Compliance Management. Includes environment, health, and safety, and products compliance
SAP Road Map for Metals and Mining includes:
- Current release highlights: Commodity pricing and risk management, intelligent asset management, KPI dashboard and reporting for incidents, integrated HR/business partner information
- Upcoming innovations: Blockchain-based global trading and multiparty transactions, integrated operational planning, enhanced supplier collaboration tools, intelligent/predictive emissions forecasting
- Future Plans: Unified sales and operations planning, demand-driven business collaboration, cost-efficient asset management solutions, intelligent/predictive analytics for incident and compliance management
SAP software solutions to meet your needs include SAP S/4HANA Cloud and SAP Integrated Business Planning for Supply chain.
Key Considerations for SAP organizations:
- How SAP is Enabling Customers to Operate More Sustainably in a Zero-Waste Value Network. SAP is uniquely positioned to help its customers transition to a more sustainable way of doing business. One area where SAP has made a difference is waste management for industries, such as metals and mining. By helping metals and mining companies eliminate waste streams and adopt a circular economy approach, SAP has not only helped reduce its environmental impact but also created new business opportunities. With the right tools and support, businesses can unlock significant value by adopting more sustainable practices.
- Optimize integrated sustainability management and KPI tracking with SAP BusinessObjects Sustainability Performance Management (SuPM). Tracking and communicating sustainability performanceis essential for any organization wanting to reduce the time and costs spent compiling data and disclosures. However, tracking all the necessary information and activities can be challenging while reducing paper waste. This is where SAP BusinessObjects Sustainability Performance Management comes in, as it helps organizations save time and money by gathering data and creating disclosures automatically. In addition, the application provides an easy way for users to set goals and objectives, monitor progress, and track results.
- Learn how Sheet Metal Companies can Leverage SAP Product Costing for Joint Production. The concept of joint production is essential in managerial accounting and cost determination. In a joint production scenario, two or more finished products result from a single production process. The key characteristic of joint production is that the production cost is shared between the manufactured products. This requires an apportionment of the standard cost between the primary finished product and other co-products. The apportionment can be done on a physical or economic basis. A physical basis means that the quantity or value of each product is considered. An economic basis takes into account the demand for each product and the sales price. Once the apportionment has been made, a preliminary settlement transaction is recorded in SAP to remove the joint costs from the inventory of the primary finished product. This is important because it allows for the accurate calculation of variances for the primary product. Joint production is a complex topic with many nuances. However, understanding the basics is essential for anyone who wants a deeper understanding of managerial accounting and cost determination.
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