A leading mining company faced ongoing challenges in asset management, including outdated tracking systems, frequent compliance issues, and inefficient maintenance schedules. With a large fleet of heavy equipment spread across multiple sites, the company struggled to maintain accurate asset records, leading to increased downtime and regulatory risks.
Challenges
- Inefficient Asset Tracking: Manual record-keeping led to misplaced equipment and inaccurate utilisation data.
- Compliance Risks: Failure to meet industry regulations due to inconsistent maintenance records and missed inspections.
- High Operational Costs: Unplanned downtime and reactive maintenance strategies increased costs and reduced productivity.
- Lack of Real-Time Visibility: Inability to access up-to-date asset data led to delays in decision-making and inefficiencies in resource allocation.
Implementing Corehesion’s Asset Module
After careful consideration to the complications the company was struggling with, we recommended and implanted our Asset Module. Our aim was to help centralise asset management, improve compliance tracking and streamline their maintenance workflows.
Key features included:
- Automated Compliance Management: Scheduled alerts and digital records ensured adherence to regulatory requirements.
- Integration with Existing Systems: The module seamlessly integrated with the company’s ERP and operational platforms for smooth adoption.
- Equipment Compliance: Inspections, QR app management, digital control centre.
- Maintenance Scheduling: Centralised dashboard to maintain equipment with automated scheduling functionality.
- Light vehicle and axillary equipment maintenance management: Closing the gap to view and maintain all active equipment location and status.
Following the integration of our systems, the mining company reported significant improvements in asset management and compliance:
- Enhanced Compliance: 100% adherence to industry regulations with automated record-keeping and real-time compliance tracking.
- Reduced Downtime: Maintenance scheduling to drastically reduce equipment downtime.
- Improved Operational Efficiency: Digital asset management streamlined workflows, reducing administrative overhead.
- Cost Savings: Optimised maintenance planning led to a reduction in operational costs.
- Better Decision-Making: Informed decision-making, improving resource utilisation.
Our goal is always to create a united environment with our clients so we can better understand their needs and goals. In this instance the Asset Module transformed the way they were operating. By leveraging digital tools, they achieved a proactive asset management strategy that enhanced productivity and minimised regulatory risks. We love gaining client feedback and hearing about the difference our systems make. As they say; work smarter, not harder.