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Fewzion at Slingshot 2013

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Fewzion at Slingshot 2013

  1. 1. 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
  2. 2. THE CLOSER YOU GET TO THE COAL FACE THE WORSE THE MANAGEMENT TOOLS GET
  3. 3. CLUNKY SPREADSHEETS
  4. 4. TIRESOME WHITEBOARDS CLUNKY SPREADSHEETS
  5. 5. TIRESOME WHITEBOARDS CLUNKY SPREADSHEETS PAPERWORK
  6. 6. TIRESOME WHITEBOARDS CLUNKY SPREADSHEETS PAPERWORK WASTING VALUABLE TIME AND ENERGY
  7. 7. COST FOR CONSULTANTS TO DESIGN AND IMPLEMENT THESE SYSTEMS? $1m – $2m VERY SELDOM SUSTAINED!
  8. 8. IT’S THE 21ST CENTURY!
  9. 9. 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
  10. 10. 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 Aug-12 Oct-12 Dec-12 Jan-13 Mar-13
  11. 11. SUBSCRIPTION AVERAGE $5,000 / MONTH / SITE REPEATABLE, ANNUITY REVENUE FROM EACH SITE
  12. 12. 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
  13. 13. MANAGEMENT SYSTEM 3. REVIEW 1. PLAN 4. IMPROVE 2. EXECUTE
  14. 14. 1. PLAN VISUAL, CROSS FUNCTIONAL PLAN CAN BE ADAPTED FOR CHANGE
  15. 15. 2. EXECUTE SUPERVISOR FOLLOWS THE PLAN
  16. 16. ENTERING ACTUALS INTO A TOUCH SCREEN HOLDS THEM ACCOUNTABLE 3. REVIEW
  17. 17. 4. IMPROVE REPORT ON PERFORMANCE AND ACT TO IMPROVE
  18. 18. 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
  19. 19. PAYING CONTRACTS WITH TOP TIER MINERS ALREADY PROPOSALS WITH THREE MORE INTERNATIONAL MINERS INTEREST FROM CONSTRUCTION AND OIL & GAS
  20. 20. 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
  21. 21. 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
  22. 22. BLUE CHIP PIPELINE GLOBAL SCALE SAFE HANDS GREAT INVESTMENT 0431 74 84 94 paul.moynagh@fewzion.com! gust.com/c/fewzion www.fewzion.com
  23. 23. 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 paul.moynagh@fewzion.com! 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

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