"With growing social conflicts due to social and environmental concerns mines need to be able to create shared value for all stakeholder in their quest to promote sustainable development. Given the sensitivity of a mine's regional economy contribution to its supply chains, any improvement in supply chains strategy will be beneficial for mines and their stakeholders. The objectives of this work were to: (i) test the hypothesis that supply chain management strategy, by mines in a region, significantly affects regional economy; and (ii) develop a methodology to identify the critical backward commodities of a regional mining sector.
Valid methods have been formulated for estimating the economic effects of supply chain strategy on regional economy and for identifying critical backward commodities. Using the developed approaches, the case study shows that local procurement strategy can significantly affect the regional economy. The tests show that small increases (10% or less) in local sourcing of the chosen 10 backward commodities will enhance local economic impact, significantly. Also, the work shows that the total potential impacts of backward commodities can be estimated, and the critical backward commodities can be identified using the developed approach. For example, in the case study, themes relating to equipment (including tires and parts) and transportation are revealed to be important. An industry wide approach to enhance local capacity and purchase more locally in these areas could significantly increase the impact of stone mining and quarrying in Missouri"--Abstract, page iii.
Awuah-Offei, Kwame, 1975-
Long, Suzanna, 1961-
Mining and Nuclear Engineering
M.S. in Mining Engineering
Missouri University of Science and Technology
ix, 104 pages
© 2015 Meiyu Xing, All rights reserved.
Thesis - Open Access
Mineral industries -- Economic aspects
Business logistics -- Planning
Business logistics -- Management
Electronic OCLC #
Xing, Meiyu, "The impact of a strong local supply chain on regional economic impacts of mining" (2015). Masters Theses. 7486.