Assessment One - Report
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Assessment One Report
Name of the writer
Name of the institution
TABLE OF CONTENTS
TOC o 1-3 h z u HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497258 Introduction PAGEREF _Toc26497258 h 3
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497259 BHP Billiton Sustainability PAGEREF _Toc26497259 h 3
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497260 External and Internal Factors Impacted BHP Billiton PAGEREF _Toc26497260 h 5
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497261 External Factors PAGEREF _Toc26497261 h 5
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497262 Internal Factors Impacting BHP Billiton PAGEREF _Toc26497262 h 6
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497263 Ensuring Operational System, Supply Chain, and Logistics PAGEREF _Toc26497263 h 7
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497264 Operational System PAGEREF _Toc26497264 h 8
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497265 Supply Chain PAGEREF _Toc26497265 h 8
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497266 Logistics PAGEREF _Toc26497266 h 8
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497267 Conclusion PAGEREF _Toc26497267 h 9
HYPERLINK file///CUsersshahidamalikFoldersDesktopAMP-116928_5_1539_MUYA..docx l _Toc26497268 References PAGEREF _Toc26497268 h 10
Assessment One Report
BHP Billiton is one of the worlds largest resource and mining companies around the world. The companies have a presence in 25 countries all over the globe while employed almost 100,000 people as employees. The company is an Australia based company that is headquartered in Melbourne and listed on the ASE (Australian Securities Exchange) and London Stock Exchange. The main products that bhp produces on the national and international level include aluminium, copper, iron ore, manganese, nickel, uranium, silver, and titanium minerals. Beyond these, BHP Billiton also has coal assets and petroleum. Furthermore, the company is also involved in other activities like wore production, equipment manufacturing, shipbuilding, and cement and breaks product etc. (Britannica, 2019).
This paper is aimed to analyze the BHP Billiton in terms of its sustainability, factors (internal and external) affecting BHP Billiton, and operational systems.
BHP Billiton Sustainability
BHP Billiton is one of the top Australian companies that can be found a highly effective company in terms of i5ts sustainability and management regarding strategic decision making and direction. Being an international company with having more than 60,000 employees all over the world, the company put efforts everywhere to ensure sustainability from every perspective.
According to the official report of BHP Billiton, sustainability is the key factor and core to our strategy and decision while integrated into every activity (business and operational activities) we perform. The company is one that considers their sustainability as its key factor of success and growth in every region of the market place they operate in. the approach of BHP Billiton is that sustainability is the core and heart of everything they do. The company make sure to put the health and safety of everything including business operations, employees care and development, and business strategies at first (BHP Billiton, 2019). The company can also be found a highly environmentally responsible business entity in the market that always respects and value the rights of human beings while ensuring the support of every host community or community of operations (Valle, 2016).
With relation to the strategic direction and operational imperatives, the company oversees the sustainability approach that the planning and other strategic governance while monitoring the board of operational practices. The company does this to oversee those systems of strategic direction and manage all of the operational imperatives in terms of risk management. The company also work to have the best business advice about strategic direction that can affect their sustainability positively (Jenkins, and Yakovleva, 2006). In addition to it, the Forum on The Corporate Responsibility is one of the keys to sustainability and engagement program.
The company apply its sustainability on all levels such as organizational practices and external environment. These activities and application include day to day activities and decisions of the company regarding operations and future direction while ensuring environmental sustainability. These activities and approach are supported by the sustainability standards and requirements of BHP Billiton. These standards are the basis for establishing and executing management systems for business decisions and operations (BHP Billiton, 2019). In short, sustainability is mainly aimed to ensure risk management, business operations, future planning (strategic direction), and environmental sustainability.
External and Internal Factors Impacted BHP Billiton
Several external and internal factors have been experienced by BHP Billiton impacting the company in terms of their daily activities and strategic decisions. Several external and internal factors have impacted the company, its normal business activities and strategic decisions but the factors that have the hugest impacts are as follows.
Involvement of the government and political bodies in the business and industry operations by implementing new policies and practices.
The corruption on the national level in host communities and on the global level in the areas of business policies, organizational policies, and associated departments.
The political sustainability on both the national level (in Australia) and international level.
The laws and regulations of the governments in the industries of BHP Billiton operations such as changes in pricing, and safety laws and other anti-trust regulations.
Amendment in the existing laws and policies and the introduction of new laws like benefits laws, employee benefits, and taxation etc.
The economic level and systems of the countries, BHP Billiton is operating in.
The involvement of the government entity through the development of new economic policies on the national levels.
Variances in the economic policies and rates on the national and international level.
The economic growth rate of communities of BHP Billiton operations, interest rate changes, and variance in the currency on the local and global level.
The demographics of the countries and the skills level, population, and their societal hierarchies.
The power structure, changes in the power structure, class structure and standards of education of all potential customers around the world. Social convection in the cultures where BHP Billiton exists and operates as well as the role of gender in each community or marketplace (Northey, Haque, and Mudd, 2013).
The spirit of innovation and entrepreneurship on the local and international level as it increases competition for BHP Billiton.
The advancement of technology on the global level and the innovation of technology that BHP Billiton currently uses in its operations.
Development of technology used by major competitors all over the globe. Continuous effects of the innovation and changes in technology on the operations, costs, business policies, business practices, and value chain structure of BHP Billiton (BHP Billiton, 2019).
Internal Factors Impacting BHP Billiton
The internal factors that impact and impact the company the most are
Leadership is internal that ultimately impacts the BHP Billiton and its operations and strategic decisions. This factor impacts the strategic decisions and daily business operations by incorporating new business policies and taking new decisions regarding future direction and current operations (Terence, 2019).
Customers are the people who have the most crucial and huge impact on BHP Billitons activities and decisions. Customers impact the company because the company have witnessed changes in its activities and decisions as per changes in the customers preferences and changing behaviours.
Suppliers are the people who also have a huge impact on BHP Billiton on every level. The company experiences this factor up to a very high extent impacting the company. Suppliers impact the company and its daily and strategic decisions by the changes in the process of supply, quality of the material they supply to BHP Billiton, and timing of supplies (De-Vitry, 2003). This can impact the inversely because it directly impacts the company, strategic decisions, and reputation in the market place.
Ensuring Operational System, Supply Chain, and Logistics
BHP Billiton takes several steps to ensure its Operational System, Supply Chain, and Logistics, but some key, main, major, and important steps and action that BHP Billiton takes for ensuring each of them are
BHP Billiton put efforts to provide all employees with safe, secure, and proper and consistent access to important information.
They develop effective and highly efficient business and organizational processes with partners with easier collaborations.
Another, BHP Billiton streamline communication with suppliers, customer, and communities of operations by developing long term tech plans (BHP Billiton, 2019).
To address sustainability priorities, BHP Billiton works to empower its supply chain. For the purpose, BHP Billiton takes numerous steps for this concern but the one that can be witnessed highly prioritized and considered important by the management is fostering innovation in supply (Beresford, Pettit, and Liu, 2011). It means that the company foster innovation and advanced technology to ensure their supply chain.
For ensuring logistics by BHP Billiton to address their sustainability priorities, the company follows the steps below.
BHP Billiton tries to get the most advanced IMS (Information Management System) used by competitors in the industry (Dane, Marina, and Michael, 2019).
Keep highly appropriate and sizable inventory at each warehouse around the world.
Redefine the SOP and train the logistics professionals consistently.
Ensure the involvement and use of BlockChain and its transformation in the logistic practices (Bernard, 2017).
After an in-depth analysis of every aspect of the BHP Billiton, its business, operations, performance, strategies, and business decision, it came to conclude that the company is a well-performing entity in the industry. The sustainability strategies and practices of BHP Billiton are highly effective. These are so because the company ensures every aspect of sustainability like risk management, business operations, future planning (strategic direction), and environmental sustainability. Apart from this, several factors are experienced by BHP Billiton that impacts the company on the internal and external level. These factors mainly include Political Factors, Environmental Factors, Social Factors, And Technological Factors (External) while Leadership, Customers, and Suppliers are the internal factors that impact company and strategic decisions. But there are crucial steps BHP Billiton takes to ensure its Operational System, Supply Chain, and Logistics. These activities mainly include providing a safe environment, developing efficient organizational practices, and streamlining communication (for Operational System), fostering innovation and technology in Supply Chain, and adapting advanced IMS, ensuring appropriate inventory, ROP, training, and involvement of Block Chains to for ensuring Logistics to address sustainability priorities.
Beresford, A., Pettit, S. and Liu, Y., 2011. Multimodal supply chains iron ore from Australia to China. Supply Chain Management An International Journal, 16(1), pp.32-42.
Bernard, M. 2017. How Blockchain Will Transform The Supply Chain And Logistics Industry. Available at https//www.forbes.com/sites/bernardmarr/2018/03/23/how-blockchain-will-transform-the-supply-chain-and-logistics-industry/4209dab45fec (Accessed 5 December 2019).
BHP Billiton. 2019. BHP A leading global resources company. Available at https//www.bhp.com/ (Accessed 5 December 2019).
BHP Billiton. 2018. BHP Sustainability. Available at https//www.bhp.com/our-approach/sustainability (Accessed 5 December 2019).
BHP Billiton. 2019. Operations Services. Available at https//www.bhp.com/our-approach/work-with-us/operations-services (Accessed 5 December 2019).
Britannica. 2019. BHP Billiton Australian Company. Available at https//www.britannica.com/topic/BHP-Billiton (Accessed 5 December 2019).
Dane, S. Marina, P. and Michael, M. 2019. BHP Billiton and Codelco Foster Innovation in the Supply Chain Shared Value Initiative. Available at https//www.sharedvalue.org/groups/bhp-billiton-and-codelco-foster-innovation-supply-chain (Accessed 5 December 2019).
De-Vitry, C., 2003. Resource classificationa case study from the Joffre-hosted iron ore of BHP Billitons Mount Whaleback operations. Mining Technology, 112(3), pp.185-196.
Jenkins, H. and Yakovleva, N., 2006. Corporate social responsibility in the mining industry Exploring trends in social and environmental disclosure. Journal of cleaner production, 14(3-4), pp.271-284.
Northey, S., Haque, N. and Mudd, G., 2013. Using sustainability reporting to assess the environmental footprint of copper mining. Journal of Cleaner Production, 40, pp.118-128.
Sutantoputra, A.W., Lindorff, M. and Johnson, E.P., 2012. The relationship between environmental performance and environmental disclosure. Australasian Journal of Environmental Management, 19(1), pp.51-65.
Terence, B. 2019. Learn About BHP Billiton, the Largest Mining and Resource Company. Available at https//www.thebalance.com/company-profile-bhp-billiton-2340279 (Accessed 5 December 2019).
Valle, D.D., 2016. Addressing the climate change challenge at BHP Billiton. AusIMM Bulletin, (Feb 2016), p.34.
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