Background
A subsidiary of Newmont Mining Corporation, PT Newmont Nusa Tenggara (PTNNT) is ranked one of the largest undeveloped copper and gold deposits in the world.

Challenge
PTNNT sought to streamline procurement processes and remove costs from the supply-chain.

Solution
PTNNT selected Direct.connect, Quadrem's integrated solution to establish a 'one-to-many' connection via the Internet to its global community of suppliers.

Results

• Achieved significant improvements in inventory management processes. 
  • An increase in inventory turnover rate of 0.3 (1.7 to 2.0).
  • Improved inventory forecast accuracy (service levels up between 3% and 5%).
• Reduced cumbersome process steps (such as printing and faxing Purchase Orders).
• Developed new supplier relationships within Quadrem's supplier community.