SAP and COSOL To Drive Business Integration In Mining

New Services Alliances Combines Process Expertise and Domain Experience to Help Mining Organisations Achieve Innovative Supply Chain Operations

Sydney, AustraliaSAP Australia and New Zealand today announced a new services alliance with the Australian based mining consultancy, COSOL. The partnership is designed to deliver integrated supply chain management solutions to the region’s mining sector.

SAP and COSOL will partner to help mining organisations attain productivity improvements through innovation and best practice solutions which support full supply chain management. Current SAP clients in the Australian mining sector include Rio Tinto and BHP Billiton.

COSOL was founded in 2000 to provide technical and strategic consulting services including business and financial management, ERP deployment, integration services and business performance and efficiency reviews.

“The alliance between SAP and COSOL provides this sector with the tools and resources they need to capitalise on the global industry opportunity,” said Ron Fredericksen, CEO, COSOL. “The mining industry in Australia is well positioned to capitalise on this opportunity, due to its geographical proximity to expanding economies in Asia, specifically China and emerging India. Merger and acquisitions, pressure on logistical and transportation costs and the need to streamline enterprise wide processes represent just some of the key drivers for capital investment in IT.”

Geraldine McBride, CEO and MD, SAP Australia and New Zealand said, “The demand by shareholders for profitability and growth from mining companies drives for them to gain diversified asset portfolios and agile global business applications. Mining companies look to software solutions that enable effective, cross-enterprise knowledge management and collaborative planning of production, materials and costs.”

“The mining sector is transitioning away from a traditional organisational structure, which relies on siloed operational units, such as maintenance, materials management and finance,” continued McBride. “The future direction for the mining sector is to establish enterprise wide processes that integrate various business functions, providing insight into real time performance and enabling process and efficiency improvements.”

SAP for Mining, built on the open architecture of the SAP NetWeaver platform, which opens up opportunities for collaboration with business partners and customers, meets the specific challenges of the mining industry, providing asset management, operational and global supply chain management capabilities. Developed in collaboration with global mining companies and independent software vendors, the SAP for Mining solutions provides improved visibility into mining operations, enhancing day-to-day collaboration and insight, and providing accurate reporting for strategic decision-making. With integrated operations management and supply chain capabilities, mining companies can lower cost, increase output, improve equipment maintenance, enhance organizational flexibility, and improve global competitiveness.

COSOL is a ‘niche’ service provider in the provision of strategic advice and tactical execution of business and application related projects across the mining sector. COSOL has the collective mining experience and ability to provide flexible tailored services to accelerate business initiatives and provide actionable advice at all levels of mining organisations. COSOL’s services are backed by an experienced team with extensive backgrounds in global mining operations including business improvement and technology. (Additional information at http://www.cosol.com.au)