Strategic Sourcing & Contracts

Responsible departments:

Supply Chain, Finance

Strategic sourcing sets the foundation for material availability and cost control by aligning supplier selection and contract terms with operational needs. Operations and Maintenance define technical and performance requirements, Supply Chain manages market analysis and supplier negotiations as well as contract management and Finance ensures value-for-money and compliance with budget. Collaboration here secures reliable, fit-for-purpose, sustainable supply arrangements that support the life-of-mine plan.

Inputs

Demand forecasts, asset registers, supplier information, contract terms

Outputs

Supplier contracts, procurement strategies

Benefits

Reliable suppliers, favourable contract terms, cost control

Demand Planning & Forecasting

Spare Parts for Assets

Strategic Sourcing & Contracts

Procurement & Vendor Management

Logistics & Shipping

Cataloguing

Repairable Item Process

Inventory Master Data

Warehousing Management

Inventory Management

Fulfill Customer Requirements

Obsolete Review, Revalue or Write Off

Continuous Improvement

Cost Control

Analyse Performance

Materials Management Framework

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"Materials Management is the process of planning, acquiring, handling, and controlling materials used in production or operations. It ensures that the right materials are available at the right time, in the right quantity, and at the right cost."