INDUSTRY: Metals and Mining
REGION: Australia / New Zealand
To maximize throughput and profitability, global mining companies must be able to attain visibility, alignment, and agility across their mine-to-market supply chains.
Achieving this goal is a significant challenge due to the complexity of these supply chains, which:
To cope with this complexity and drive greater efficiency and bottom-line growth, mining companies must be able to generate integrated plans that optimally match supply and capacity with demand.
Indeed, optimal planning and decision making – at the strategic, tactical, and operational levels – is the key to transforming the mine-to-market supply chain into a source of competitive advantage.
The team of executives who oversee a leading global mining company’s coal mining operations in Queensland, Australia (which consist of multiple mining complexes, rail networks, and terminals) rely on their plans to make decisions about how to manage their end-to-end supply chain.
Their strategic plans, for example, are used to predict their long-term capacity needs and constraints, determine the right product mix, and decide on how to allocate raw materials to blends.
Until recently, the global mining company’s planners were utilizing manual techniques and tools including Excel to create these strategic plans on a monthly basis. Utilizing this time-consuming manual planning process, it was not possible to generate strategic plans that:
With the aim of enabling this type of strategic planning, the global mining company decided to invest in and deploy an automated, advanced planning and decision- making software solution powered by mathematical optimization.
To provide an automated, advanced planning and decision-making tool, the global mining company turned to Polymathian– an Australia-headquartered firm that specializes in developing and delivering state-of-the-art mathematical optimization software solutions.
To address the global mining giant’s strategic planning challenges, Polymathian deployed one of its software solutions called BOLT – a web-hosted and cloud-based decision support tool that has been used by companies across numerous industries to optimize their complex multi-site and multi-modal supply chains. BOLT, like all the other solutions in Polymathian’s portfolio, is powered by the Gurobi Optimizer (the world’s fastest and most robust mathematical optimization solver).
Since going live, BOLT has given the global mining giant the capability to:
“BOLT has revolutionized and optimized the strategic planning and decision-making process of this global mining company,” said Tao Vink, Manager at Polymathian,
“With the implementation of this new solution, the global mining company’s team is able to automatically generate and dynamically revise optimal strategic plans. These plans give them visibility and control over their entire mine-to-market operational network (now and in the future) – so that they can make the best strategic decisions when it comes to resource allocation, investments in infrastructure and maintenance, take- or-pay contracts, and more. BOLT serves as the single source of truth for all matters related to strategic planning and decision making.”
By enabling automated, optimal strategic planning and decision making, the implementation of BOLT has helped the global mining company conquer the complexity of its mine-to-market supply chain, maximize end-to-end visibility and efficiency, minimize costs, and optimally match supply and capacity with demand over the long haul.
With BOLT, the global mining company has been able to realize numerous business benefits including:
Polymathian decided to embed the Gurobi Optimizer in BOLT – as well as the other products in its portfolio – because it is the best-of-breed mathematical optimization solver.
The world’s fastest and most powerful mathematical optimization solver, the Gurobi Optimizer is capable of tackling just about any business problem – regardless of how huge it is in scope or high it is in complexity – and generating an optimal solution.
The Gurobi Optimizer’s industry-leading performance and cutting-edge functionality make it uniquely capable of handling the challenging multi-site, multi-modal supply chain problems that BOLT is used to address.
“To manage a massive mining industry supply chain such as this global mining giant’s operational network in Queensland, you must be able to solve complex, large-scale business problems stretching across a 30-year time horizon and involving millions of variables and constraints – and you need a state-of-the-art mathematical optimization solver to do that. The Gurobi Optimizer – which has incredible mathematical problem- solving power – is up to the task,” remarked Tao Vink.
Choose the evaluation license that fits you best, and start working with our Expert Team for technical guidance and support.
Request free trial hours, so you can see how quickly and easily a model can be solved on the cloud.
|_biz_flagsA||1 year||A Cloudflare cookie set to record users’ settings as well as for authentication and analytics.|
|_biz_pendingA||1 year||A Cloudflare cookie set to record users’ settings as well as for authentication and analytics.|
|_biz_sid||30 minutes||This cookie is set by Bizible, to store the user's session id.|
|ARRAffinity||session||ARRAffinity cookie is set by Azure app service, and allows the service to choose the right instance established by a user to deliver subsequent requests made by that user.|
|ARRAffinitySameSite||session||This cookie is set by Windows Azure cloud, and is used for load balancing to make sure the visitor page requests are routed to the same server in any browsing session.|
|cookielawinfo-checkbox-advertisement||1 year||Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .|
|cookielawinfo-checkbox-analytics||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".|
|cookielawinfo-checkbox-functional||11 months||The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".|
|cookielawinfo-checkbox-necessary||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".|
|cookielawinfo-checkbox-others||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.|
|cookielawinfo-checkbox-performance||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".|
|CookieLawInfoConsent||1 year||Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.|
|elementor||never||This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.|
|JSESSIONID||session||New Relic uses this cookie to store a session identifier so that New Relic can monitor session counts for an application.|
|__cf_bm||30 minutes||This cookie, set by Cloudflare, is used to support Cloudflare Bot Management.|
|_biz_nA||1 year||Bizible sets this cookie to remember users’ settings as well as for authentication and analytics.|
|_biz_uid||1 year||This cookie is set by Bizible, to store user id on the current domain.|
|_hjAbsoluteSessionInProgress||30 minutes||Hotjar sets this cookie to detect a user's first pageview session, which is a True/False flag set by the cookie.|
|_mkto_trk||2 years||This cookie is set by Marketo. This allows a website to track visitor behavior on the sites on which the cookie is installed and to link a visitor to the recipient of an email marketing campaign, to measure campaign effectiveness. Tracking is performed anonymously until a user self-identifies by submitting a form.|
|bcookie||1 year||LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID.|
|bscookie||1 year||LinkedIn sets this cookie to store performed actions on the website.|
|doc_langsBB||1 year||Documentation system cookie|
|doc_version||1 year||Documentation system cookie|
|lang||session||LinkedIn sets this cookie to remember a user's language setting.|
|lidc||1 day||LinkedIn sets the lidc cookie to facilitate data center selection.|
|UserMatchHistory||1 month||LinkedIn sets this cookie for LinkedIn Ads ID syncing.|
|whova_client_id||10 years||Event agenda system cookie|
|_gat_UA-5909815-1||1 minute||A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.|
|_an_uid||7 days||6Sense Cookie|
|_BUID||1 year||This cookie, set by Bizible, is a universal user id to identify the same user across multiple clients’ domains.|
|_ga||2 years||The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.|
|_ga_*||1 year 1 month 4 days||Google Analytics sets this cookie to store and count page views.|
|_gat_UA-*||1 minute||Google Analytics sets this cookie for user behaviour tracking.|
|_gcl_au||3 months||Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services.|
|_gd_session||4 hours||This cookie is used for collecting information on users visit to the website. It collects data such as total number of visits, average time spent on the website and the pages loaded.|
|_gd_visitor||2 years||This cookie is used for collecting information on the users visit such as number of visits, average time spent on the website and the pages loaded for displaying targeted ads.|
|_gid||1 day||Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.|
|_hjFirstSeen||30 minutes||Hotjar sets this cookie to identify a new user’s first session. It stores the true/false value, indicating whether it was the first time Hotjar saw this user.|
|_hjIncludedInSessionSample_*||2 minutes||Hotjar cookie that is set to determine if a user is included in the data sampling defined by a site's daily session limit.|
|_hjRecordingEnabled||never||Hotjar sets this cookie when a Recording starts and is read when the recording module is initialized, to see if the user is already in a recording in a particular session.|
|_hjRecordingLastActivity||never||Hotjar sets this cookie when a user recording starts and when data is sent through the WebSocket.|
|_hjSession_*||30 minutes||Hotjar cookie that is set when a user first lands on a page with the Hotjar script. It is used to persist the Hotjar User ID, unique to that site on the browser. This ensures that behavior in subsequent visits to the same site will be attributed to the same user ID.|
|_hjSessionUser_*||1 year||Hotjar cookie that is set when a user first lands on a page with the Hotjar script. It is used to persist the Hotjar User ID, unique to that site on the browser. This ensures that behavior in subsequent visits to the same site will be attributed to the same user ID.|
|_hjTLDTest||session||To determine the most generic cookie path that has to be used instead of the page hostname, Hotjar sets the _hjTLDTest cookie to store different URL substring alternatives until it fails.|
|6suuid||2 years||6Sense Cookie|
|AnalyticsSyncHistory||1 month||LinkedIn cookie|
|BE_CLA3||1 year 1 month 4 days||BrightEdge sets this cookie to enable data aggregation, analysis and report creation to assess marketing effectiveness and provide solutions for SEO, SEM and website performance.|
|CONSENT||2 years||YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.|
|dj||10 years||DemandJump cookie|
|djaimid.a28e||2 years||DemandJump cookiean|
|djaimses.a28e||30 minutes||DemandJump cookie|
|li_gc||5 months 27 days||LinkedIn Cookie|
|ln_or||1 day||LinkedIn Cookie|
|vuid||2 years||Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.|
|__adroll||1 year 1 month||This cookie is set by AdRoll to identify users across visits and devices. It is used by real-time bidding for advertisers to display relevant advertisements.|
|__adroll_fpc||1 year||AdRoll sets this cookie to target users with advertisements based on their browsing behaviour.|
|__adroll_shared||1 year 1 month||Adroll sets this cookie to collect information on users across different websites for relevant advertising.|
|__ar_v4||1 year||This cookie is set under the domain DoubleClick, to place ads that point to the website in Google search results and to track conversion rates for these ads.|
|_fbp||3 months||This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website.|
|fr||3 months||Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin.|
|IDE||1 year 24 days||Google DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile.|
|li_sugr||3 months||LinkedIn sets this cookie to collect user behaviour data to optimise the website and make advertisements on the website more relevant.|
|test_cookie||15 minutes||The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.|
|VISITOR_INFO1_LIVE||5 months 27 days||A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.|
|YSC||session||YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.|
|yt-remote-connected-devices||never||YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.|
|yt-remote-device-id||never||YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.|
|yt.innertube::nextId||never||This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.|
|yt.innertube::requests||never||This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.|