Mining and Metals Case Study

What if you could reduce your operating costs by 16% and realize $40M in savings through contract renegotiations?

AN ONGOING DECLINE IN COPPER PRICES was squeezing the profits of a large mining company. Having outsourced most of its operations, the company’s cash cost was already among the most efficient of the industry.

The CEO knew that discounts from suppliers alone would not be enough to adequately reduce the cost position. He was certain that improved collaboration, greater efficiency and operational improvements would not only benefit the procurement department, but the entire organization.

He decided to partner with Proudfoot to identify productivity and efficiency improvements that would not only drive contractor performance, but would also give the company leverage in contract renegotiations.

Posted on March 5, 2020

By Proudfoot Team

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