Case Study ► Mining
Endeavour Silver: Transforming Mining Operations with SAP S/4HANA
Founded in 2004, Endeavour Silver Corp is a prominent mining entity dedicated to the exploration and extraction of silver across Mexico, Chile, and the United States. Headquartered in Vancouver, Canada, Endeavour was looking for a new ERP system to provide more comprehensive support to its two operational mines Guanacevi and Bolanitos, alongside a prospective project, Terronera, under development in Jalisco.
- Endeavour Silver recognized the limitations of its legacy system and sought a comprehensive ERP solution to streamline its expanding business operations.
- Key objectives included achieving an integrated view of its operations, capable of tracking both operating mines as well as mine in development.
- Looking for a robust end-to-end solution encompassing supply chain, financials, and operations.
20%
reduction in operating costs
40%
increase in procurement process efficiency
35%
improvement in material traceability and regulatory compliance
Improving Production and Supply Chain with SAP S/4HANA
- The company opted for SAP S/4HANA, recognizing its alignment with the mining industry’s demands and Syntax as a trusted partner renowned for its mining expertise.
- Endeavour Silver’s decision to choose SAP S/4HANA was driven by the platform’s robustness and its capability to address diverse needs, including stringent regulatory requirements in Mexico.
- Syntax’s expertise in mining operations further solidified the partnership, with the company leveraging a tailored mining template to expedite implementation while mitigating risks.
- The implementation encompassed SAP S/4HANA modules: FICO, Procurement, Inventory Management, Plant Maintenance, Project Systems, HR mini master, and Mexican localizations for Electronic Invoicing.
Post-Implementation Outcomes: Value-Driven Results
- The successful implementation of SAP S/4HANA empowered Endeavour Silver with comprehensive visibility into its operations.
- Leveraging SAP, the company efficiently tracks purchases, monitors material inflows for construction projects, and manages financial costs.
- The utilization of end-to-end capabilities within the mining template optimizes operations across both operating mines and the developmental project.
- Endeavour Silver now benefits from a unified system, facilitating informed decision-making on a global scale. Consolidation of disparate systems has minimized IT support requirements, while streamlined supply chain processes have propelled the company into a new era of operational efficiency.
“The implementation of SAP S/4HANA aims to transform Endeavour Silver’s operations. The transition has not only streamlined our processes but has also provided us with a comprehensive view of our operations, enabling informed decision-making and enhancing our overall efficiency. Syntax’s expertise and dedication throughout the implementation process have been instrumental in ensuring a seamless transition. We are confident we are well-equipped to achieve our strategic goals with greater precision and agility.”
Adriana Gomez
Corporate Controller, Endeavour Silver Corp