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Author's profile photo Eckhardt Siess

Four Crucial Factors To Achieve Efficiency

Indonesia’s national mining sector is expected to continue its weak development this year, with poor commodity prices considered as one of the key causes. Companies are thus required to improve efficiency in order to face these conditions. In an exclusive Interview with Tambang magazine, Megawaty Khie, Managing Director SAP Indonesia, says that there are four crucial asset to consider: human resources, finances, customers and procurement. It was not enough to just implement Enterprise Risk Management (ERP) with a holistic approach to identifying, defining, measuring and addressing all the risks faced by the organization, such as operational risks, credit risks and financial risks. SAP is optimistic that mining companies can improve efficiency in order to achieve their targets. Khie also points out that SAP technology has helped to reduce the number of work accidents in the mining sector by 71 percent. (Original in Indonesian; not available online)

Source: Tambang (Indonesia) | 01.02.2015

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