Problem Statement
World-wide, there are large reserves of high-quality iron ore, bauxite, chromite, manganese ore, along with other minerals such as coal, limestone, dolomite, tin, nickel, vanadium, lead, graphite, gold, gemstones, diamond, dimension stones, etc.
A Systematic survey and assessment of the mineral Deposits and their exploitation, administration of mines and mineral concession, enforcement measures to prevention legal mining and smuggling of minerals, assessment of mining revenue, and study of the effect of mining operations on the environment and A study of the areas and minerals that can be developed to meet the needs of mineral-based industries are included in the survey.
Value Proposition
Key Elements of Proposition include:
- To provide insights into how various business functions and mines types/areas are performing and provide answers to key questions such as Why (Descriptive and Causal Analyses) under-performance in various mines type/areas.
- To provide a decision support system that enables various stakeholders to forecast the coal/Iron production and have an effective planning of resources and logistics
- To improve the controls and decrease losses due to revenue leakages
- To track the effectiveness & regulation of various projects/initiatives taken by the department
Solution Strategy
Data Management
- •Stakeholders Profiling Data
- •Production & Operations Data
- •Dispatch & Logistics Data
- •Transactions & Sales Data
Fraud Detection Mechanism
- •Algorithm based Alert Intelligent System
- •Pattern Analysis & Anomaly Detection
- •Predictive Models & Network Analysis
Fraud Investigation Mechanism
- •360 Degree of Lasse & Licensee Profile
- •Production & Dispatch Forecasting
- •Revenue Leakage & Prediction