fewzion at slingshot 2013
Post on 19-Oct-2014
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DESCRIPTION
Fewzion at the 2013 Slingshot Accelerator Demo DayTRANSCRIPT
PUTS A PLAN IN THE HAND OF SHIFT SUPERVISORS
AND HOLDS THEM ACCOUNTABLE FOR
EXECUTING IT powerfully simple shift management
FOUNDERS ALEX RETZLAFF
PAUL MOYNAGH
www.fewzion.com gust.com/c/fewzion
THE CLOSER YOU GET TO THE COAL FACE THE WORSE THE MANAGEMENT TOOLS GET
CLUNKY SPREADSHEETS
TIRESOME WHITEBOARDS
CLUNKY SPREADSHEETS
TIRESOME WHITEBOARDS
CLUNKY SPREADSHEETS
PAPERWORK
TIRESOME WHITEBOARDS
CLUNKY SPREADSHEETS
PAPERWORK
WASTING VALUABLE TIME AND ENERGY
COST FOR CONSULTANTS TO DESIGN AND IMPLEMENT THESE SYSTEMS?
$1m – $2m VERY SELDOM SUSTAINED!
IT’S THE 21ST CENTURY!
FEWZION MAKES IT EASIER TO IMPLEMENT AND SUSTAIN AN EFFECTIVE MANAGEMENT SYSTEM
LOW
Performance and Sustainability
Quality of tool
SPREADSHEETS AND WHITEBOARDS FEWZION
LOW
HIGH
Performance and Sustainability
Quality of tool
HIGH
Source: Fewzion data, 50 shears, 1600 tonnes / shear, at $150 / tonne x 10% = $1.2m
PRODUCTION MORE THAN DOUBLED OVER 12 MONTHS
10% OF THIS IMPROVEMENT IS WORTH APPROX $1M / WEEK
0%
100%
200%
300%
Jun
-12
Au
g-12
Oc
t-12
De
c-12
Jan
-13
Ma
r-13
SUBSCRIPTION
AVERAGE $5,000 / MONTH / SITE
REPEATABLE, ANNUITY REVENUE FROM EACH SITE
2013/14
TARGETING 200 INSTALLS IN 4 YEARS
UNDERGROUND MINING
OPEN CUT, RAIL AND OTHER RESOURCES
CONSTRUCTION, UTILITIES, GENERAL PROJECTS
170 IN AUSTRALIA
2014/15 2015 -17
100,000 +
10,000 + TOTAL 1,300 IN GLOBAL COAL
500 IN AUSTRALIA
MANAGEMENT SYSTEM
3. REVIEW
1. PLAN
4. IMPROVE
2. EXECUTE
1. PLAN
VISUAL, CROSS FUNCTIONAL PLAN CAN BE ADAPTED FOR CHANGE
2. EXECUTE
SUPERVISOR FOLLOWS THE PLAN
ENTERING ACTUALS INTO A TOUCH SCREEN HOLDS THEM ACCOUNTABLE
3. REVIEW
4. IMPROVE
REPORT ON PERFORMANCE AND ACT TO IMPROVE
HARD TO USE AND
SUSTAIN
LIMITED FUNCTION
EASY TO USE AND
SUSTAIN
COMPLETE SYSTEM
PitRam
Whiteboards
EASIEST AND MOST COMPLETE SYSTEM
powerfully simple shift management
PAYING CONTRACTS WITH TOP TIER MINERS ALREADY
PROPOSALS WITH THREE MORE INTERNATIONAL MINERS
INTEREST FROM CONSTRUCTION AND OIL & GAS
July 13 Oct 13 Jan 14 Apr 14 July 14
MONTHLY REVENUE
$14,500 $24,000 $41,500 $58,000
10
NEXT 12 MONTHS
PROFITABLE WITH 10 SITES IN APRIL 2014
CLIENTS 4 6 13
Successful first customers
Simplify system for scale Release Version 2.0
Slingshot
Visual Management
Build customer base through corporate sales and product marketing
Develop partnerships
Adapt for new markets
SAFE HANDS
Alex Retzlaff - Technology ! Was CTO for FinanceNow with Malcolm Turnbull et al. ! Expertise in mining and finance ! Has run an IT company with the same core team for 12 years ! Black belt in Tae Kwon Do
Paul Moynagh – Business Development ! B Tech in Product Development, M.Tech in Quality Management Systems ! 15 years consulting experience in mining, manufacturing, rail and finance ! Raced Farr40 yachts at the World Champs in 2003
Joe Thomas - Advisor ! Former Director of Coal Services at BIS ! Has managed large, complex businesses ! Extremely well connected and keen to open doors
EXPERIENCED IN TECHNOLOGY, MINING, MANAGEMENT AND STARTUPS
BLUE CHIP PIPELINE GLOBAL SCALE
SAFE HANDS GREAT INVESTMENT
0431 74 84 94 [email protected]! gust.com/c/fewzion
www.fewzion.com
VALIDATION
Dr Jeremy Davies Director of the Natural Resources CoE at CSC.
The contribution Fewzion has made to improving production performance in longwall operations is particularly impressive. We like their "hands on, crew focused" approach and their attention to detail - in particular with respect to "ease of use”. It seems to us the Fewzion toolset is a very practical way to improve operational performance - and make life easier for everyone.”
Joe Thomas Former Director of Coal Services at BIS
I think you have a fantastic business, and I can see application beyond Underground Mining, and in fact beyond mining.
In line with what we discussed, I would like to work with you guys, to help grow your business
0431 74 84 94 gust.com/c/fewzion
Michele Twining, Scheduler, Peabody, North Goonyella Colliery
The guys are finding it so easy to use, planning is as simple as drag and drop and everything is visible and integrated so we can see what’s going on, it’s just so easy