Case Study
Refining into
the 21st Century
Background
Most Refineries across the globe focus on the physical management of raw materials and inventory. Systems supporting the process are always predominately old with inefficient business processes and are supported with high numbers of people in order to support manual processes. This transformation programmed focused on simplification of the technology landscape, using efficient business processes that reduce manual intervention and allows technology to automate. A centralised platform then allows for complete data transparency whilst enhancing management reporting.
HIGHTLIGHTS and BENEFITS
Transparency
- Providing customers with real time recycling status tracking, access to documentation and opportunities to sell metal output all through mobile platforms
Efficiencies
- Sophisticated technical system platforms promoting interfaces to peripheral systems such as assay, inventory management, financials to all for straight through processing
Increase product offerings and revenues
- Customer platform allows access to both tailored and bespoke products providing a central repository for all Metal needs (including ability to sell back to the internal trading arm)
Global reach
- Introduction of single global refinery platform creating a single operating and business process model
CHALLENGES
The refinery process requires an extensive amount of data from various sources in order for the metal to progress through the lifecycle. Combined with the amount of data needed, the data is required to be 100% accurate as metal weight, quality needs to be exact as this dictates the financial value. The solution design, interfaces, event sequencing needed to be designed with accuracy and efficiency.
Solution
Implementing cutting-edge bespoke technology combined with real time market data, overlaid with BI Reporting solution enables the business to transform to a single platform, with global business process and increased data transparency to support KPI reporting.
