14:45, 27 July 2020

Metalloinvest Developing Automated Procurement Management System

Metalloinvest, a Metal-Expo regular exhibitor, is developing an automated procurement management system based on the B2B-Center electronic trading platform. Implementation of the system will enable the Company to manage supplier and contract life cycles, and make purchases on the electronic platform and through internet catalogues. Metalloinvest has carried out more than 100 tender procedures worth 400 million rubles in the first two months of operation on the platform. By the end of the year the Company plans to transfer the majority of its procurement to B2B-Center, including for raw materials and standard products through catalogues.

5 thousand suppliers registered on B2B-Center have already received Metalloinvest’s accreditation. The Company checks the trustworthiness and legitimacy of the statutory documents of potential counterparties, as well as the absence of tax arrears, lawsuits, decisions on suspension of operations and conflicts of interest.

New on the topic

How service steel centers support the development of Russian industry

In recent years, the Russian metal processing market has shown steady growth, largely driven by the need for technological sovereignty, active import substitution, and the adoption of modern manufacturing t...

04 July, 14:59

Severstal’s Grani and Grani Pro sheet pile solutions receive international recognition

The Grani and Grani Pro sheet pile solutions developed by Severstal have received an award at the international competition Green Eurasia. The award ceremony took place on June 26 in M...

03 July, 13:38

China Increases Steel Exports to Russia

Amid weak domestic demand, China is ramping up its steel exports — including to Russia. In the first five months of the year, exports of iron, steel, and related products to Russia grew by approximately 16% in value terms, compared to an increas...

26 June, 14:09

Polymet on its participation in one of the key events of the foundry industry

Polymet once again took an active part in the Litmash'2025 exhibition, presenting its developments and products in the field of auxiliary materials for the foundry industry. The company proud...

24 June, 14:22
Subscription to newsletter