COSOL Expert Insights

With MRO inventory values often reaching from fifty to hundreds of million dollars and growing year on year, organisations face many challenges managing their MRO inventory, including understanding the true value of their inventory and identifying the potential cost savings that can be achieved through efficient inventory management. In this article, we look at how organisations can identify the potential of inventory optimisation.

Featured in MasteringSAP - Enterprise Asset Management systems are only as strong as the data within them. COSOL’s work with Glencore Coal shows how auditing and improving SAP master data can reduce costs, boost planning efficiency, and deliver consistent operations across multiple sites.

Payload capacity is critical in mining. COSOL helped a client achieve a 5.9% payload increase with a lightweight tray upgrade, unlocking efficiency, reducing costs, and improving fleet productivity.

The best ERP systems are only as good as the data they hold, and unfortunately there are so many businesses migrating rubbish data into shiny new systems but ending up with the same result.

Featured in MasteringSAP - Finding the right solution for asset heavy industries helps industries improve planning, efficiency, and work management with EAM tools.

With an easing of commodity prices, mining companies are looking for ways to reduce operational costs while maintaining production targets, managing constraints on supply chains and ESG regulatory pressures. In this article we look at 3 simple ways to optimise your mining inventory and reduce operational costs.

Featured in MasteringSAP - Warranty management is often overlooked, but it can significantly reduce maintenance costs. COSOL highlights common challenges, best practices, and the role of ERP-integrated tools to improve tracking, recoveries, and supplier accountability.

This is the first article in our series that unpacks the changes and impacts of leading Geographic Information System (GIS) software provider - Esri's user type and licensing updates which started to come into effect from mid 2024. In this article we look at what is changing and what you can do to best prepare your organisation for the changes.

Today COSOL launched a new Digital Twin viewer for IBM Maximo Application Suite in partnership with Nextspace and digital engineering specialists, DBM Vircon. The viewer provides geospatial BIM viewing and 4D integration and is designed to overcome the scale and complexity limitations of existing IBM MAS plugin viewers.

Learn how taking a deeper look at your asset challenges - through root cause analysis, benchmarking, and capability assessment - can lead to lasting improvements.

Featured on MasteringSAP - Advanced algorithms and prescriptive analytics can make inventory management more sustainable, reducing waste, emissions, and downtime. COSOL’s approach helps organisations optimise MRO inventory, improve forecasting, and integrate with ERP and EAM systems for smarter, greener operations.

COSOL helped a major iron ore mine achieve a 12.5% cost reduction by developing a fact-based HME fleet strategy. The approach improved asset availability, reduced maintenance labour demand, and delivered over AUD 142 million in business value.