Mining IQ

Why You Can’t Afford to Underestimate Procurement

Posted: 05/08/2013

Although the mining industry in Indonesia is now booming, being the top place for new mining projects doesn’t mean the impact of volatile conditions including fluctuating demand prices and political instability is any less than across the rest of the world.

"We’re in times where the global commodities prices are very low and are decreasing, it’s vital for people to understand and find ways to improve their procurement process" explained Togap Siagian, General Manager of Strategic Procurement at PT Vale Indonesia. Togap and the team at PT Vale are clearly doing something right with their procurement processes having just recorded a profit of US$31.5 million in first quarter 2013.

Mining IQ recently caught up with Togap to gain his insight on exactly how he’s been using procurement processes as a tool for creating efficiencies and delivering such positive results.

Click the red 'Download Now' button to access the full interview.

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Posted: 05/08/2013