Mining Procurement Software
Purpose-Built for Complex Procurement
Manage procurement for multiple Mining projects within a single software. Completely segregated project data and unrivaled customization for each project.
Current SCM offers segregated access for multiple paying organizations and the ability to choose which party ‘owns’ the Order.
All technical data available at the Order line-level, including detailed metadata, specs and standards, required documents, inspection requirements, and more!
Cloud-Based, Project-Driven Mining Procurement Software
Mining Procurement Software Built by Procurement Professionals
Mining projects, whether related to surface mining, subsurface mining, placer mining or in-situ mining, require a wide range of equipment, supplies, and services that are often specialized and not widely available. This can limit the number of qualified suppliers and lead to higher costs and longer lead times. These projects necessitate more than just purchasing; each project requires meticulous planning, specialized technical expertise, strategic sourcing, and robust risk management to ensure successful execution. Current SCM was purpose-built by procurement professionals to support such complexities.
Unrivaled Project-Specific Flexibility
Projects are a way of life for Mining organizations. Depending on the size of an organization, they could be managing several projects at any given time. And every Mining project is unique.
Current SCM offers a project-centric approach to Procurement & Materials Management, including the flexibility to manage procurement for multiple projects within a single software with unrivaled project-specific flexibility for each project. Current SCM excels in accommodating diverse project requirements with unrivaled project customization options, including project-specific access, approved vendors, locations, budgets, milestones, cost codes, terms, workflow assignments, bid evaluations, reports, and much more!
Loaded with Tools to Support the Procurement of Technical Items
Current SCM is loaded with tools to support the planning and procurement of highly technical materials and services, including centralized procurement catalog management, centralized procurement document management, material and document tracking integrated into each Order, and much more!
One Platform for All of Your Procurement Projects
Some Mining organizations manage the procurement for their projects in-house, some outsource the procurement for their projects, while others employ a hybrid approach. Regardless of your approach, Current SCM provides a single platform to manage the procurement for all of your projects.
With robust data segregation capabilities and support for multiple paying organizations, Current SCM is well-equipped for third party procurement. If you outsource some or all of your procurement activities, invite all of your third parties to perform procurement within your instance of Current SCM. Choose the projects that each third party has access to. Control what they can or cannot do. Monitor their progress and ensure performance aligns with your standards. Even include your team in the approval process if desired.
Maintain real-time visibility into the procurement for all of your projects with the confidence of a single source of truth for your procurement execution. Streamline Mining procurement management with the efficiency and control of Current SCM.
Mining Procurement Software Key Features
Unrivaled Project Customization & Control
To accommodate the unique requirements of each Mining project, Current SCM offers unrivaled project customizations, such as project-specific teams, roles & permissions, approved vendors, locations (e.g., bill to, destination, store at, fabricate at), budgets, milestones, currencies, tax structures, business rules, chain of orderables, workflows, bid evaluations, payment terms, contract terms, documents numbering rules, vendor evaluations, vendor diversity types, IncoTerms, release terms, inventory, reports, and much more!
Two-Level Role-Based Access Control
Project visibility isn’t a given in Current SCM. Users must first be added to Teams. Each User can be added to multiple Teams. Each User can be assigned one or multiple Roles per Team, including different Roles and permissions per Team. Each User can also be assigned one or multiple custom permissions at the Team level.
Team members must then be added to specific Projects to access information related to those Projects. Each Team member can be added to multiple Projects. Each Team member can be assigned one or multiple Roles per Project, including different Roles and permissions per Project. Each Team member can also be assigned one or multiple custom permissions at the Project level.
Guide Purchasing of Technical Items with Centralized Procurement Catalog Management
When purchasing highly technical materials and services, it is in an organization’s best interest to put guidelines or controls in place. Current SCM’s highly flexible procurement-centric catalog toolset provides several options to help guide or control your purchasing.
- An example to help guide purchasing would be to create a structured catalog complete with well-defined descriptions, precise measurements & attributes, and detailed metadata to provide Buyers with the information they need to make the right purchase.
- An example to help control purchasing would be to create a business rule to limit purchasing only to Catalog Items that have been approved for use.
BOM’s at the Project level are mapped to the centralized catalog for flexibility on Order line item names while retaining the catalog control.
Integrated Vendor Document Requirements
With vendor document tracking uniquely integrated into the Order, Current SCM streamlines the standardization, creation, communication, and tracking of vendor documents.
- Vendor Document Requirements: Define specific vendor document requirements, including the document type, authentication requirements, submission format, and dynamic due date. Define vendor document requirements at the Order or Order item level.
- Order Document Export: Current SCM generates a complete Order document export, including paying organization branded Order, commercial terms, BOM (Bill of Materials), contractual terms, specs and standards, and vendor document requirements.
Integrated Materials Management
Current SCM provides complete and flexible materials management support to efficiently manage material through planning, purchasing, tracking, expediting, inspecting, and receiving.
Leverage real-time inventory reporting by project, business, or location to ensure you are optimizing inventory and purchasing only what you require. And when purchasing is required, Current SCM offers material tracking integrated into the Order where you can leverage powerful Order or Order line-level status updates to manage key milestones, monitor delivery schedules, and proactively identify any material shortages or delays.
WIth Current SCM you have the visibility you need to ensure you meet your required on site (ROS) dates!
Manage Multiple Paying Organizations
If your organization outsources some or all of its procurement, this is a game changer. Current SCM was designed with the flexibility to include multiple paying organizations.
- Invite each organization at the Team-level, creating segregated Teams for each third party and controlling who is invited to each Team. Within each Team, set up a unique catalog(s), vendors, assets, and library of contract terms. Create one or several segregated Projects under a specific Team and control who is invited to each Project. Within each Project, set up a unique cost structure, payment terms, document numbering rules, business rules, workflows, approved vendors, reports and much more!
- Or, invite each organization at the Project-level, creating segregated Projects for each third party and controlling who is invited to each Project. Within each Project, set up a unique cost structure, payment terms, document numbering rules, business rules, workflows, approved vendors, reports and much more!
Orders can be issued with your information and logo, or with the third party organizations’ information and logo.
Real-Time Project-Specific Reports
Current SCM offers a project dashboard outlining critical project KPIs, as well as a wide array of customizable, real-time project-specific reports, including:
- Project Cumulative BOM (Bill of Materials)
- Project Budget Report
- Project Dates Report
- Project Completion Report
- Project Over Under
- Project Document Requirements Report
- Project Outstanding Document Submissions
- Project Invoice Aging Report
- Project Inventory Valuation Report
- Project Financial Summary Report
- Project Cost by Code Report
- Project Cost by Diversity Type
- Project Stale Transactions Report
- …and much more!
Mining Procurement Software Highlights
- Cloud-Based Mining Procurement Software
- Integrated Materials Management
- Integrated Vendor Document Requirements (VDR)
- Segregated Third-Party Access
- Two-Level RBAC (Role-Based Access Control)
- Supports Multiple Paying Organizations
- Project-Specific Roles & Permissions
- Centralized Catalog Management
- 3-Level Structure: Catalog -> Class -> Sub-Class
- Asset Management
- Specifications & Standard Drawings Management
- Cumulative Project BOM (Bill of Materials)
- Project-Specific Approved Vendors
- Project-Specific Milestone Dates
- Project-Specific Cost Structures
- Project-Specific Payment Terms
- Project-Specific Contract Templates
- Project-Specific Business Rules
- Project-Specific Workflows
- Bid Comparison Grid
- Project-Specific Bid Evaluations
- Project-Specific Vendor Evaluations
- Project-Specific IncoTerms
- Project-Specific Release Terms
- Project-Specific Receiving Report Terms
- Inspection Management
- Non-Conformance Reporting
- Real-Time Project-Specific Reports
- Project-Specific Inventory
- Cross-Project Inventory Transfers
