Global energy management specialist Schneider Electric launched the Integrated Planning and Optimisation Solution (IPOS) designed to boost data visibility and intelligence across mining operations.
Providing mining companies with an integrated software solution that manages their entire mining operation from resource to market, the solution enables them to optimise plans and schedules, identify risks and deviations, pinpoint inefficiency, and present the right information to the right people at the right time. The solution can increase mining productivity by up to 20 percent by helping mining companies use information to drive operational efficiencies.
According to Diane Courtemanche, Director of Technology Integration at the Iron Ore Company of Canada, a customer using the IPOS solution, since the implementation, the company has been able to greatly improve their use of data, enabling them to now measure and make business decisions using trusted and validated information.
The solution helps mining companies collect, integrate and analyse information across their production environments to gain a comprehensive view of their operations and address the challenges of silo-ed data and inaccurate and untimely information. Schneider Electric’s Integrated Planning and Optimisation Solution enables data to be leveraged to model the supply chain including mines, processing plants, stockpiles, transport routes and port movements, to predict how each entity in the value chain will operate. The solution lets companies view their supply chains both as discrete components and as a single system that operates according to unified objectives and metrics.
Integrated Planning and Optimisation Solution uses data analysis of contextual process information to improve predictive maintenance and identify and resolve bottlenecks.
Diego Areces, President, Mining, Minerals and Metals Solution, Schneider Electric observes that the IPOS solution helps mining executives identify ‘what-if’ scenarios and run simulations against this data. Describing the solution as a game-changer for leaders in the mining industry by allowing executives to gain intelligence around business scenarios prior to committing to capital investments, he said that Schneider Electric is proud to work with leaders in the industry to achieve improved supply chain visibility and address common delays in their accounting systems.
Integrated Planning and Optimisation Solution utilises Schneider Electric’s StruxureWare for Mining, Minerals and Metals (MMM) software, a scalable platform that includes solutions for energy management and asset performance. The Integrated Planning and Optimisation Solution also leverages Schneider Electric’s consulting, partner and complementary component services.