The ‘Supplier Innovation Programme’ brings METS companies together to complete challenges by creating new business solutions. Credit: Wikimedia Commons.

Global mining company BHP has announced a unique method of sourcing suppliers in the Australian mining, equipment, technology and services (METS) sector through a new programme launched in partnership with Austmine.

The new ‘Supplier Innovation Programme’ programme brings METS companies together to complete challenges by creating new business solutions.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

According to BHP, the ‘winning’ solution needs to receive a paid pilot programme to test its outcome before committing to its execution.

BHP Group Procurement Officer Sundeep Singh said: “As our industry shifts towards more remote and technologically enabled operations, our ability to find unique and innovative solutions to business challenges will be critical.

“This programme is different to our usual approach to sourcing, where we know what we need to buy. Instead, we will go to the market with a question instead of an answer, and ask potential vendors how to solve it.

“We want to play our part in supporting Australia’s METS sector, so together we can deliver world-leading solutions for the resources industry straight from our operations.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Now more than ever, as we play our part to support Australia’s economic recovery through Covid-19, our partnerships with Australian METS suppliers can make a real difference to our industry and beyond.”

In another statement released today, BHP said that its ‘Local Buying Programme’ reached more than A$500m ($346.5m) in approved spend since its launch in the year 2012.

Last week, BHP signed a deal with Norilsk Nickel Australian Holdings’ subsidiary MPI Nickel to acquire the Honeymoon Well nickel project in Western Australia.