Measures to suport the Strategy
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EFFICIENCY PROGRAM
EFFICIENCY PROGRAM
The “Efficiency Program” includes, among others, an analysis of opportunities to improve JSW’s operating efficiency by introducing organizational and technical changes in the production process. The program assumes supporting measures in the areas of: work organization, deposit management (with regard to planning and scheduling production), mining production management (including among others improved efficiency of the use of machinery), management of production assets, management of the coal preparation process,
The Strategy assumes four stages of the program implementation:
- Collecting data and preparing organization of the initiative.
- Determining potential.
- Developing a list of optimization initiatives.
- Implementing the approved initiatives.
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QUALITY PROGRAM
QUALITY PROGRAM
The main goal of the Program is to ensure ongoing monitoring and oversight over the quality of Group’s products at each stage of production. As a result, the production potential should increase and the coal quality should stabilize.
The “Quality Program” will involve:
- Seam cross-cut planning in the mines’ deposits for optimum deposit management.
- Forecasting the quality of coal for sale.
- Cooperation of geological and mining service providers in the mines and quality control and technical and technological inspections in the Group’s Coking Plants.
- Ongoing cooperation between technical services with business partners in the area of quality control to ensure high product quality.
An increase in the yield of coking coal will be also effected through investments w Coal Preparation Plants in particular mines.
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INNOVATION
INNOVATION
The main objective of the Innovation Strategy is to support the Group’s business units in response to greater market challenges by increasing the use of new technologies and innovative solutions. To achieve the objective, the JSW Group will have to take the following measures:
- To increase the supply of initiatives in the R&D&I area by strengthening cooperation with partner scientists and innovative companies from the sector and to build an innovation culture.
- To select and implement innovative projects effectively with full coordination of actions.
- To assume a long-term approach to the performance of innovative tasks to ensure that availability of funds for the activity in this area is not dependent on the current situation in the Group’s markets and to accept the risk of failure with respect to particular projects.
- To implement an external financing strategy for projects and market commercialization of the developed innovations.
The innovations will be implemented in the four main substantive areas: Efficiency, Quality, Safety and Social and Environmental Responsibility.
It will be possible to implement the Innovation Strategy due to four major categories of measures:
- Performing research and development projects in cooperation with external partners.
- Coordinating pre-implementation works necessary to introduce new technologies to the Group’s business activity.
- Commercializing the effects of performed innovative projects with a high market potential.
- Initiating and supporting actions which contribute to building an innovation culture.
To maximize the effectiveness and quality of introduced research and development projects, these measures will be taken in cooperation with external partners such as scientists, researchers, laboratories, scientific institutes, higher education institutions as well as innovative companies from the mining sector and related sectors.
The Innovation Strategy assumes implementation of a number of tools and actions aiming to encourage and activate employees at different levels and with different specializations to participate in the innovation development process in the enterprise.
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IT
IT
The main objective of the IT Development Strategy in the Group is to define a new role of IT, taking into consideration changing requirements and expectations about the strategic directions of the Group’s development. Because of the nature of the core business, the strategy, apart from the traditionally conceived IT, concerns also industrial information technology supporting coal mining and preparation (“OT”). The changed approach results from the business needs described in the present Strategy, which clearly emphasize the role of IT and OT in increasing the efficiency of coal mining and preparation as well as the remaining business processes.