Fostering strong relationships with our business partners helps promote our values so we can achieve our purpose: to create value and improve lives through sustainable and responsible mining.
This past June, we held our annual Supplier Summit at the Western Folklife Center in Elko, Nevada, under the theme “Newmont on the Move.” Newmont’s Supply Chain team met with more than 100 vendor representatives from 65 of our key strategic partners to discuss our business goals and the North America region’s evolving challenges and opportunities.
“The Summit provides us with a wealth of recommendations on how we can better manage our relationships, drive continuous improvement and ensure alignment with Newmont’s purpose and values,” says Simon Blamires, Newmont’s Regional Supply Chain Director for North America. “The feedback from participants has been universally positive.”
Through various breakout sessions, our Supply Chain team worked with suppliers on how best to improve safety, profitability and responsibility. More specifically, participants worked on how to safely create efficiencies in transportation and logistics. The group generated more than 250 ideas. “We’re currently evaluating each of these concepts,” Blamires says. “It’s a big challenge, but an even bigger opportunity.”
The Supplier Summit is an example of how we strive to improve business performance through direct engagement and communication. For Blamires, that means considering new ideas and engaging with people on the ground. “We’re being much braver in working with suppliers and end users to challenge the status quo in ways we never have before,” he says.
Blamires believes that it’s important to understand the needs and perspectives of all stakeholders. “The key to good working relationships is trust, transparency, and clear and consistent communication both ways,” he says. “By listening and working together to achieve solutions based on common values, we can help ensure the success of Newmont, our strategic partners and the community at large.”
To learn more about our commitment to stakeholder engagement, visit our sustainability report, Beyond the Mine.