The mining industry operates in high-risk environments with complex operations, tight margins, and vast networks of suppliers and service providers. That complexity creates opportunity—but it also leaves room for billing inaccuracies, overpayments, and contract misalignment that often go unnoticed. Without the right audit approach, valuable cost savings can easily be left behind.
This best practices guide is designed for leaders responsible for finance, procurement, or supplier performance in mining operations. It offers a framework to help you evaluate risk, focus your efforts, and recover lost dollars—while keeping vendor relationships intact.
In this guide, you'll explore:
- Key risks and challenges unique to mining vendor relationships
- Strategies to determine which vendors to audit—and when
- Best practices for protecting supplier relationships during the audit process
- How to ensure your audits don’t just recover dollars—but improve operations
- Ways to use vendor data to reduce risk and improve performance over time
Whether you're launching a vendor audit program or refining an existing one, this resource can help you strengthen controls, optimize spend, and create long-term value in a demanding industry.