Security of supply through resilient supply chains
In order to improve the security of supply for EP Power Minerals’ customers in the future, resilient and flexible supply chains must be created. These can be tested in advance using simulations.
The procurement market for Supplementary Cementitious Materials (SCMs) is challenging, with the availability of these products currently extremely limited and subject to dynamic, unpredictable market forces. This makes it all the more important for EP Power Minerals to establish a flexible and resilient supply chain.
"Our aim is to ensure the long-term supply of scarce Supplementary Cementitious Materials and to be able to respond flexibly to market conditions," explains Richard Hahn, Head of Global Supply Chain Management for the Cementitious Materials division at EP Power Minerals. For this reason, the staff in the division uses complex simulation software to analyze and optimize the supply chain and its operational processes.
Digital Twin
Richard Hahn and his team create a "digital twin" of the supply chain and regularly conduct "what-if" analyses. This allows them to systematically examine the impact of various scenarios on supply capability, costs, and prices.
This has several advantages. EP Power Minerals is in the position to:
- proactively adapt the supply chain to future requirements
- optimize cooperation between the company headquarters and the subsidiaries EP Power Minerals CZ, a.s. (Czech Republic), Power Minerals Ltd. (UK), Surschiste SAS (France) and world-wide joint ventures
- make better decisions on all logistics issues, including transportation planning, supply chain design and the development of new logistics assets around the world
From local to global flows
The simulations also help to adapt the current supply chain structure. “In order to further optimize supply security in the future, we want to expand global supply streams in a targeted manner and thus reduce our dependence on local supply sources. The more global the supply chain is, the more flexibly we can react to global changes that might otherwise lead to bottlenecks,” reports Richard Hahn. “This means that our customers can count on our reliability and quality at all times - regardless of regional challenges.”
Your contact for
further information:
EP Power Minerals GmbH
Press contact
presse(at)ep-pm(dot)com