4th African International Conference on Industrial Engineering and Operations Management

Re-engineering of Gold Precious Metal Production Process in Mining Companies

Achmad Gunawan Wibisono
Publisher: IEOM Society International
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Track: Manufacturing
Abstract

Gold is a precious metal commodity used in many industries. Developing research institutions assess gold as a safe
haven for investors during severe market pressure. In Indonesia, there are 15 gold producers, with one of the largest
being PT Antam, Tbk. ("ANTAM"). The Precious Metal Processing and Refining Business Unit is part of ANTAM's
operations and is responsible for gold processing and refining facilities. To respond to the growing demand for
precious metal products, the Precious Metal Factory is expected to optimize its production capacity and product
quality. Currently, the lack of recording and standardization, as well as the absence of digitization in the production
process, results in significant loss and high cycle time. The aim of this study is to conduct a process reengineering
analysis to reduce cycle time and increase production in the production of Antam's Precious Metal. This involves
identifying waste in the production process using Value Stream Mapping (VSM) and optimizing the layout and
facilities to meet the production capacity of Antam's Precious Metal,


Keyword
Process Business, Gold Manufacturing, cycle time and VSM

Published in: 4th African International Conference on Industrial Engineering and Operations Management, Lusaka, Zambia

Publisher: IEOM Society International
Date of Conference: April 4-6, 2023

ISSN/E-ISSN: 2169-8767