Why equipment procurement has become one of the biggest risks on major mining projectsA billion-dollar mining project can be delayed by a single unavailable excavator. Yet another source of delay often receives far less attention until a project is already under pressure: equipment procurement. Equipment procurement, however, remains comparatively fragmented and manual. A fragmented equipment marketAustralia has a large and diverse construction equipment hire industry. Having spent several years analysing Australia's construction equipment hire market through Quotor, I've repeatedly observed that the industry's biggest challenge is not always a shortage of machinery.