Dick DeStefano is the Executive Director of Sudbury Area Mining Supply and Service Association (SAMSSA). His column was originally published in Sudbury Mining Solutions Journal, a magazine that showcases the mining expertise of North Bay, Timmins and Sudbury.
“We are reaching a point where the mining supply industry in Sudbury and Northern Ontario is as important for the global mining industry as the orebodies. This is exemplified by the fact that the large mining firms located in the area expend on average 80 per cent of their supply dollars locally as compared to 30 per cent anywhere else in the world”.
-Professor Jean-Charles Cachon, Laurentian University, Sudbury, July 2008
This reliance on the local supply sector translates into an estimated $750 million spent on a local basis, annually.
A recent comparative study entitled Innovation, Marketing & Management Strategies among Mining Supply Firms: A Comparison between Canada & Chile (Antofagasta) written by Jean–Charles Cachon and Huguette Blanco, School of Commerce & Administration, Faculty of Management, Laurentian University, demonstrates again that the Sudbury mining cluster is a world leader.
The study, completed in June of 2008, compared strategies for innovation, marketing, and management, including human resources training, financing and quality control.