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The explanation of the moderating shipments activity may at least partially lie with global supply chain problems that have affected virtually all sectors of the global economy. Give the long lead times for some of the essential components in mining equipment manufacture, these problems may have begun earlier in the year and are only now being manifested in product deliveries.
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Mining, Metals and Minerals Industry Overview. Though mining companies have taken substantial steps towards strategic sourcing, centralizing supply functions, and standardizing and rationalizing equipment, procurement processes in several organizations still seem to be outdated. With a large number of ad-hoc purchases breaching procurement ...
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