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Streamlining workforce performance

Introduction.

MiTRAQ is a platform designed for the mining industry, offerring global benchmarking and data analysis tools to help mining companies assess and improve their operational performance.

This case study is based on a real-world scenario. MiTRAQ, a platform tailored to the mining industry, offers global benchmarking and data analysis tools that empower mining companies to evaluate performance, identify inefficiencies, optimize productivity, and achieve cost savings through data-driven insights.

Siutation.

A global mining company made a strategic decision to switch to a data-driven performance rewards system for the management teams.

As a first step, the company launched internal competition between mines. The company needed a comprehensive tool to measure and compare their performance.

Role of Mitraq.

MiTRAQ provided the company with a benchmarking solution.

Using MiTRAQ, the management identified the five most relevant metrics.

And set new performance targets based on the top industry practices KPIs for the mines.

Impact.

MiTRAQ-based competition fostered performance across participating mines.

Data-based competition rewards helped drive mines’ management motivation.

In medium term, productivity of the mines improved, resulting in increased profitability across the company.

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