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AI-powered risk & cost models, commodity forecast, project procurement

AI-powered risk & cost models, commodity forecast, project procurementAI-powered risk & cost models, commodity forecast, project procurementAI-powered risk & cost models, commodity forecast, project procurementAI-powered risk & cost models, commodity forecast, project procurement

Risk modelling, cost modelling, applied Gen AI for digital transformation

Contact us

AI-powered risk & cost models, commodity forecast, project procurement

AI-powered risk & cost models, commodity forecast, project procurementAI-powered risk & cost models, commodity forecast, project procurementAI-powered risk & cost models, commodity forecast, project procurementAI-powered risk & cost models, commodity forecast, project procurement

Risk modelling, cost modelling, applied Gen AI for digital transformation

Contact us

The work that moves organizations forward rarely announces itself. We help you find it, fund it, and finish it.

Four Pillars of Procurement Excellence

Strategic & Value-Driven Procurement

Strategic & Value-Driven Procurement

Strategic & Value-Driven Procurement

Reframe procurement as a profit driver. 

TCO modelling, Should-cost analysis, Value Engineering & Design-to-Cost, Category management excellence.

Digital Transformation

Strategic & Value-Driven Procurement

Strategic & Value-Driven Procurement

AI and machine learning applied to procurement.

AI & ML Spend Analytics, Demand Forecasting 

Risk Scoring Models, Digital Procurement Roadmaps.

Project Procurement

End-to-end procurement leadership for $50M+capital projects. From pre-feasibility through commissioning, we keep critical path items on track.

Capital Project Procurement Strategy; Long-Lead Equipment.

Bid Evaluation & Contract Award.

Market Intelligence

Commodity price forecasting for 12 mining input categories. Base, bull, and bear scenarios so your procurement timing is backed by rigorous modelling, not instinct.

Commodity Price Forecasting. Input Cost Inflation Monitoring

Hedging Strategy Advisory Quarterly Intelligence Reports.

Trusted by Teams at

Strategic Procurement

From Cost Function to Profit Driver

Most procurement functions focus on price. We focus on total value, uncovering savings in lifecycle cost, supplier terms, specification risk, and market timing that unit-price thinking always misses.

→TCO modelling for mining equipment, reagents, and mobile fleet.

→Should-cost models built from first principles — not just market comps

→Value engineering sessions embedded in FEED and detailed design phases

→Category strategies for explosives, grinding media, tires, and reagents

→Procurement repositioned as a measured EBITDA contributor

Digital Transformation

AI-Powered Procurement Intelligence

We apply machine learning to the procurement data sets that matter most in mining — spend ledgers, ERP transaction logs, supplier financials, and consumable usage rates from mine sites.

→Spend analytics with anomaly detection and category-level pattern recognition

→Demand forecasting for grinding media, reagents, haul truck tires, and diesel

→Supplier financial health monitoring and early-warning risk scoring

→Digital procurement roadmap and P2P/S2C platform selection

→Live KPI dashboards for procurement leadership teams

Project & Capital Procurement

Capital Projects Delivered On Time, On Budget

From feasibility to commissioning, we provide the procurement strategy and governance that keeps $50M+ mining projects on the critical path. Trusted by owners' teams and PMC organizations.

→Procurement strategy, packaging, and contracting models for major equipments.

→Long-lead equipment management — SAG mills, Crushers, MCC, HV transformers.

→Bid evaluation matrices and contract award methodologyé

→Contractor prequalification and approved vendor panel management

→Procurement governance, DOA frameworks, and audit controls

Market Intelligence

Commodity Forecasting for Procurement Decisions

This is difficult to predict. We try to model forward price curves for the mining input commodities that matter most: steel, copper, reagents, and explosives, so your procurement timing is data-driven.

→Base, bull, and bear scenario models for 12 mining input categories

→Quarterly intelligence briefs to procurement and treasury leadership

→Budget input cost planning tied to real market price forecasts

→Steel hedging strategy advisory

→Procurement timing recommendations for a major contract award, based on cycle.

Results in the field

Procurement Project Strategy

Risk Analysis & Cost Optimization

Risk Analysis & Cost Optimization

Procurement execution strategy and deployment of the procurement execution plan for a hydrogen project in the Montreal area. Managed contract formation, contract award, contract administration, expediting, quality assurance, and logistics for 40 packages and contracts

Risk Analysis & Cost Optimization

Risk Analysis & Cost Optimization

Risk Analysis & Cost Optimization

Risk analysis and cost optimization for a supply chain for the transport of sodium cyanide in Western Africa. Context: transporting a hazardous material in an insurgent area, under an army convoy. long waiting time, high demurrage and parking fees. Solution?

Procurement Tech (AGV)

Risk Analysis & Cost Optimization

Procurement Tech (AGV)

Management of local purchasing in Canada, contract administration, logistics, quality assurance, installation and training for Oceaneering AGV Systems for the ATS (Automated Transport System) at CHUM Hospital in Montreal.

Contact Us

Ready to Transform Your Procurement? Tell us about your project or procurement challenge. We'll respond within 24 hours.

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info@procurex.ca 514-777-4460

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