Alight, Inc. changes name to Riivos, Inc. Read the announcement

Riivos mining, trusted by the world’s mining leaders

Together creating value, realizing opportunities and achieving higher financial performance at the speed of modern business.

Customer

Challenge

Solution

Value Creation

Customer

  • Tier 1 copper producer
  • Entering a new development phase
  • Seeking to drastically reduce hauling costs
  • Strong site leadership with a focus on continuous improvement projects
  • Top quartile C-1 costs

Challenge

  • To build accurate costs for new mine plans
  • Valuing and tracking improvement projects
  • Allocating and mobilizing resources to achieve C-1 costs improvements
  • Workforce engagement

Solution

  • Implement Mining Operational Planning
  • Capture budgets and baseline data from disconnected sources
  • Run Scenarios to value improvement projects and production plans
  • Evaluate operating strategies to increase mine-life and return in final years of operation

Value Creation

  • Identified $120 Million in operational improvement opportunities
  • Incremental value of each opportunity captured against the baseline forecast
  • Increased ability to achieve cost and production targets
  • Cross-departmental understanding and collaboration on operational projects

Customer

  • Global Iron Ore Producer
  • Evaluating production strategies relative to changing iron ore prices
  • Proactive management to allocate and mobilize resources to achieve targets
  • Integration of production physical data and financial results or forecasts

Challenge

  • Tasked with driving out costs and increasing production by corporate mandate
  • Multiple time-consuming iterations of mine plans run every quarter
  • Complex value chain with multiple mining areas, processing facilities, railways, ports, data sources, and stakeholders

Solution

  • Implement Mining Strategic Planning
  • Integrate mine planning with operational and financial systems
  • Run scenarios on different mine plans to compare financial results
  • Simplified data management and integration with SAP

Value Creation

  • Increased visibility into operating strategies and historical scenarios
  • Assessment of real-time impacts on Free Cash Flow, NPV, and capital spending
  • Increased ability to achieve cost and production targets, improving operational performance
  • Real-time, condensed reporting to international corporate stakeholders

Customer

  • Global Iron Ore Producer
  • Looking for visibility into headcount requirements and forecasts
  • Complex value chain with multiple mining areas, processing facilities, railways, ports, data sources, and stakeholders

Challenge

  • Operational requirements and workforce management were disconnected
  • Financial allocation of accounts based on headcount was inaccurate
  • Needed to maintain sensitive workforce data and salary information
  • Needed flexibility to add mining areas as the business develops

Solution

  • Implement Mining Workforce Planning
  • Create seamless link between mine plans and headcount requirements
  • Run scenarios on different mine plans and contingency assumptions
  • Financial analysis of labor plans to avoid under or over-staffing

Value Creation

  • Proactive management of workforce to ensure operating plan is attainable
  • Increased confidence in headcount forecasts based on historical data
  • Gap analysis between workforce demand and supply drives workforce decision
  • Easy import of mine plans and labor requirement to minimize maintenance of data and scenarios

Customer

  • Tier 1 gold miner
  • Tasked with generating $2B in new revenue from innovation
  • Evaluating dozens of innovation and continuous improvement projects across numerous mines spread across the Americas

Challenge

  • Understanding the true value of innovation projects
  • Managing a multi-million dollar R&D budget across these projects
  • Allocating capital based on project value and results

Solution

  • Implement Mining Portfolio Forecasting
  • Budget integrated with Oracle to forecast R&D and manage project budgets
  • 20+ project managers collaborating on one source
  • Incremental value of each innovation captured

Value Creation

  • Understand relative value of different innovation projects
  • Enhanced prioritization of capital expenditures
  • Increased visibility into budget and results
  • Reduction in time and effort to perform month-end analysis of projects