Kinross Gold Corporation is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia, and the United States. A tier-one gold mining company, Kinross produces approximately 2 million ounces of gold per year. It has been identified as a high-growth company, with plans to double in size in the next three-to-four years.
To help it achieve this aggressive goal, Kinross required a robust, integrated, and scalable enterprise application infrastructure that would support the introduction and management of best practices across the organization. A robust asset maintenance module that would enable the company to increase equipment utilization and extend its lifespan was an important requirement.
Kinross deployed JD Edwards EnterpriseOne 9.0, upgrading from a previous JD Edwards implementation. With JD Edwards EnterpriseOne 9.0, the company has streamlined its financial reporting and reduced administrative work in the human resources (HR) department. More importantly, however, Kinross has moved to a more proactive maintenance process, which is expected to extend the life of its mining equipment by 5% to 10% and optimize its availability, supporting the company’s plans for exponential growth.
Oracle’s JD Edwards EnterpriseOne has a strong track record in the manufacturing and industrial sectors, with key functionality tailored to the unique processes found in these industries. Kinross was particularly impressed with the complete and robust maintenance module in Version 9.0, which supports improved asset utilization that is critical to productivity in the mining industry.
Across the company, Oracle’s integrated JD Edwards EnterpriseOne applications also deliver a smooth, user-friendly experience for Kinross employees.
Line-of-business support and active participation were critical to Kinross’ implementation of JD Edwards EnterpriseOne 9.0. Implementation teams included representation from and the ongoing involvement of line-of-business managers. In fact, at least one manager from each major operational area addressed by the applications―including accounting, HR, supply chain, and warehouse management―was assigned full-time to the JD Edwards project team.
Kinross began its JD Edwards project late in 2009, and, for the first year, it focused solely on business process design. By carefully defining standard business processes, first and by securing involvement from all relevant stakeholders, Kinross laid a solid foundation for success.
The company began the phased rollout in key regions in mid-2010. The first go-live was in Chile in January 2011, with several sites following quickly in February 2011. Additional go-lives are planned for late 2011 and throughout 2012.
Deloitte Consulting Services provided Kinross with project management resources and functional consultants for each of its regional implementation sites. The partner was involved throughout the project, from the initial gap analysis to blue-print design, and finally user training.