How to Improve Supply Chain Productivity:
Proven Management Practices hold the key
In this two-part feature Logiworx Supply Chain expert Henry Brunekreef provides some insights and recommendations for the Australian resource industry on how to create an agile, cost effective supply chain ...
It is widely recognised that the current Australian economy operates at two speeds - with the fastest speed driven by resource companies - in general and mining companies specifically.
Australia's Black Coal Mining industry alone is expected to generate revenue of $57.32 billion in 2010-11 - an increase of 27 per cent from the previous year.
And the Iron Ore Mining industry is expected to generate revenue of $49.5 billion in 2010-11, fuelled by a growth spurt of 40 per cent compared to the year before (IBISWorld). Much of this growth comes from a sharply increased demand from Asia, the fast growing economies of China and India in particular.
Another resource strong growth industry is gas production, including coal seam methane. The combined Oil and Gas Production industry's revenue is expected to reach $34.8 billion in 2010-11, a growth of nearly 22 per cent revenue due to higher output and higher prices (IBISWorld).
To maximise return Australia's resource industry must create an agile, highly efficient supply chain - a supply chain that is able to fully benefit from the current high demand and souring commodity prices.
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Supply Chain Trends
Implications for Industrial Property
The major challenge confronting supply chain management is how to make sustainable business profits in times of increased complexity, uncertainty and rapid change.
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10 Ways to Optimise Your Supply Chain
By Tim Foster
Business leaders are seizing the opportunity to reduce complexity in their businesses to empower growth, build sustainability and drive shareholder returns.
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High Achiever
Full steam ahead for high-flyer Ben Pryor
Versatility is the key to a successful supply chain and logistics operation, according to Ben Pryor, Marine Operations Manager with mining giant BlueScope Steel.
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Path to Operational Excellence
Insights on Operational Excellence from our partner Kepnor-Tregoe
"Operational Excellence" (OE) has in recent times become an ever-increasing component of organization and leadership vocabulary.
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