An effective and active IOC acts as a mining operation’s central ‘brain.’ It takes in data and information from each area of the operation, makes data-based decisions and executes actions that maximize production and optimize asset utilization across the value chain.
An effective IOC should encompass the following integration fundamentals:
- Adopting and Updating
This 360 approach to integration removes departmental silos and creates a collaborative platform that provides visibility on production drivers, transparency, and value.
Lack of collaboration, silo thinking, and competing motivations between value chain members can impact production and lower profitability. For example, If the value chain members are using independent systems, processes and information to plan and schedule activities, without considering upstream or downstream processes, the lack of communication and coordinated decision making can mean assets are underutilized or over-allocated.
People and equipment generate value through the effective use of their time. Taking an integrated approach to planning this time and making data-based decisions while considering all value chain members can create sustainable value.