HOW WE HELP OPERATORS
Our understanding of the issues you face enables us to create the solutions you need. We equip you with the operational excellence that can reduce your costs for operations, cut your per tonne production cost, and plug your profit leakages.
DRIVING DOWN COSTS
We help to safeguard you from compliance penalties, maximise cost recovery from joint venture / consortium partners, eliminate the expense of inefficient life of mine transitions and free you from the CAPEX of deploying fit-for-purpose business applications and reporting solutions.
INCREASING VISIBILITY AND CONTROLS
We deliver better visibility and measurement of key performance metrics, align business processes to give you more controls and enable you to drill down to identify the root cause of problems in day-to-day operations.
RAISING EFFICIENCY
Addressing poor collaboration between business functions, resource-heavy information extraction for management reporting, lack of integration between systems and applications, legacy system drawbacks and applications that do not support M&A strategies, we embed efficiency across everything.
THE ELEMENTS OF OUR OPERATOR SUPPORT
TOPLINE BENEFITS FOR OPERATORS
Enabling you to move seamlessly across the life of mine plan from acquisition to divestment, Lumos 365 improves spend control, ensures compliance, maximises cost recovery, enables reporting on all business-critical data, strengthens collaboration and embeds operational excellence across your business processes.
- ENHANCE LIFE OF MINE GAINS
- IMPROVE SPEND CONTROL
- ENABLE REPORTING
- STRENGTHEN COLLABORATION
- ENSURE COMPLIANCE
ENHANCE LIFE OF MINE GAINS
Lumos 365 provides you with a single, modular and scalable platform. You gain operational excellence across the life of mine plan by moving seamlessly from exploration, discovery, development to extraction. For example, the system can easily be extended from finance, to supply chain and asset management, as you move from exploration to development, to extraction. This modular approach allows for penalty free up and downscaling in accordance with your operations with minimal to no disruption.
IMPROVE SPEND CONTROL
Spend control is a critical component of profitability and is often very difficult to manage due to the disparate nature of the supporting data. Volatile pricing makes effective spend control imperative. By deploying Lumos 365, Operators can benefit from many features, such as delegation of authority, budget checking and contract spend monitoring. Lumos 365 has in-built best of breed workflows to support these activities from a process and productivity perspective. The Lumos 365 platform encourages end user adoption by facilitating spend control information for action and reporting. This is securely available in tools already used on a daily basis, such as Microsoft Excel.
ENABLE REPORTING
Reporting in the mining sector is traditionally manual and labour intensive and consumes significant executive and management time. This is often exacerbated by geographic differences between remote operational sites and HQ. The Lumos 365 platform, securely hosted in the Microsoft cloud, removes geographic challenges and includes many prebuilt and customisable reporting templates to address the needs of the business. CAPEX, OPEX, Production, WBS, Inventory and HSE are all included in our standard reporting templates. Lumos 365 delivers real-time capture, analysis and reporting of all business-critical data.
STRENGTHEN COLLABORATION
Remote operations create unique challenges for the mining sector. The Lumos 365 platform is hosted on the highly secure and scalable Microsoft cloud, meaning all data is available to any connected device anywhere in the world. Built on Microsoft Business Central and natively integrated with Microsoft SharePoint and Office 365 our platform benefits from the Microsoft ecosystem. Contracts can be stored in the Lumos Information and Data Management module but transacted in our Supply Chain module. Invoices can be approved through Microsoft Outlook. With Lumos 365, you can improve communication and collaboration across different business functions and different locations.
ENSURE COMPLIANCE
The license to explore imposes significant contractual obligations on both the joint venture / consortium partners. These relate to local content and local tax regulations. A breach of these obligations can result in significant penalties for the joint venture / consortium partners. The Lumos 365 Management Reporting and Analytics module will facilitate clear reporting on operational matters affecting compliance ensuring that cash investments contribute to production not penalties. The Lumos 365 platform will help ensure compliance with regulatory policies, such as Local Content and taxation through correct tax code allocations as part of our standard best practice templates.
TOPLINE BENEFITS FOR OPERATORS
Enabling you to move seamlessly across the life of mine plan from acquisition to divestment, Lumos 365 improves spend control, ensures compliance, maximises cost recovery, enables reporting on all business-critical data, strengthens collaboration and embeds operational excellence across your business processes.
ENHANCE LIFE OF MINE GAINS
Lumos 365 provides you with a single, modular and scalable platform. You gain operational excellence across the life of mine plan by moving seamlessly from exploration, discovery, development to extraction. For example, the system can easily be extended from finance, to supply chain and asset management, as you move from exploration to development, to extraction. This modular approach allows for penalty free up and downscaling in accordance with your operations with minimal to no disruption.
IMPROVE SPEND CONTROL
Spend control is a critical component of profitability and is often very difficult to manage due to the disparate nature of the supporting data. Volatile pricing makes effective spend control imperative. By deploying Lumos 365, Operators can benefit from many features, such as delegation of authority, budget checking and contract spend monitoring. Lumos 365 has in-built best of breed workflows to support these activities from a process and productivity perspective. The Lumos 365 platform encourages end user adoption by facilitating spend control information for action and reporting. This is securely available in tools already used on a daily basis, such as Microsoft Excel.
ENABLE REPORTING
Reporting in the mining sector is traditionally manual and labour intensive and consumes significant executive and management time. This is often exacerbated by geographic differences between remote operational sites and HQ. The Lumos 365 platform, securely hosted in the Microsoft cloud, removes geographic challenges and includes many prebuilt and customisable reporting templates to address the needs of the business. CAPEX, OPEX, Production, WBS, Inventory and HSE are all included in our standard reporting templates. Lumos 365 delivers real-time capture, analysis and reporting of all business-critical data.
STRENGTHEN COLLABORATION
Remote operations create unique challenges for the mining sector. The Lumos 365 platform is hosted on the highly secure and scalable Microsoft cloud, meaning all data is available to any connected device anywhere in the world. Built on Microsoft Business Central and natively integrated with Microsoft SharePoint and Office 365 our platform benefits from the Microsoft ecosystem. Contracts can be stored in the Lumos Information and Data Management module but transacted in our Supply Chain module. Invoices can be approved through Microsoft Outlook. With Lumos 365, you can improve communication and collaboration across different business functions and different locations.
ENSURE COMPLIANCE
The license to explore imposes significant contractual obligations on both the joint venture / consortium partners. These relate to local content and local tax regulations. A breach of these obligations can result in significant penalties for the joint venture / consortium partners. The Lumos 365 Management Reporting and Analytics module will facilitate clear reporting on operational matters affecting compliance ensuring that cash investments contribute to production not penalties. The Lumos 365 platform will help ensure compliance with regulatory policies, such as Local Content and taxation through correct tax code allocations as part of our standard best practice templates.
HOW OUR CLOUD PLATFORM WORKS
From exploration to reclamation, the Lumos 365 platform addresses and overcomes the challenges you face at every stage of the life of mine plan. Cutting costs. Maximising efficiency. Extending agility. Our platform powers your processes, adding more value to your business.
ACQUIRE
Retrieving critical information from disparate systems with poor connectivity. Structuring financial master data. Extracting reports from acquired assets for analysis. Migrating financial and operational data. Utilising modules designed specifically to meet these challenges, our platform cuts cost, time and risk. MORE
EXPLORE
With a license granted, the need to structure, capture and manage a whole new raft of activities becomes imperative. Our modules create a sound financial supply chain system, laying the foundation for operational excellence moving forward to development and operation. MORE
DISCOVER
Getting a clear picture when spend visibility is poor. Retrieving, collating and exchanging information with third party service companies. Extracting and analysing management reports. It’s time and labour intensive. Our modules enable fast and easy spend tracking and data collaboration. MORE
DEVELOP
Managing significant CAPEX expenditure, JV / consortium partners, cost recovery, HSE, budgets and reporting creates the need to extend supply chain functionality to support and optimise the field development plan and sourcing. Our modules do just that, making management straightforward. MORE
EXTRACT
This is where the foundations built earlier in the life of mine plan with our platform really drive operational excellence. Poor control, recording and tracking of CAPEX, OPEX and G&A spend. Delayed delivery, poor sourcing, resources wastage and profit leakages. Compromised asset reliability and integrity. Lack of insights to support decision making. Our modules overcome every challenge. MORE
CLOSE
Cost-effective and efficient collation and aggregation of all asset data (contracts, compliance, financial, supply chain and plant) is critical. Our modules bring all this data together to maximise abandonment efficiency, save executive time and support due diligence. MORE
RECLAIM
The entire Lumos 365 platform can be utilised to manage and support the reclamation project enjoying the same benefits available during the operational life of the mine. MORE
LET'S TALK
To fast forward your business processes across the life of mine plan, just get in touch.