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Mechel Announces Launch of E-Commerce System B2B-Mechel
05/04/2011 - Mechel OAO announced the launch of B2B-Mechel, an electronic trading system that will enable the company to automate all aspects of the purchase process.
Mechel OAO announced the launch of B2B-Mechel, an electronic trading system that will enable the company to execute automatically all aspects of the purchase process, from request for proposal to auctions and multistage tenders.
Aimed at cutting costs, optimizing financial expenditure and raising the efficiency of Mechel’s procurement processes, the B2B-Mechel system is part of the company’s joint project with e-commerce operator B2B-Center to automate the competitive purchases of products, works and services by Mechel’s subsidiaries. Use of these e-commerce mechanisms will also allow Mechel to significantly increase the transparency of these processes.
B2B-Mechel is integrated into the B2B-Center, network which numbers 55,000 members from various industries, which will enable the company to use to the fullest the potential of a well-developed Internet market with an unlimited range of products, works and services.
As part of the partnership tie between Mechel and B2B-Center, all companies wishing to take part in trading via B2B-Mechel are offered beneficial terms that will be operational until August 1, 2011.
“B2B-Mechel’s capabilities will enable Mechel to go to a new level of managing its trading and procurement activity,” noted Mechel OAO’s Vice-President for Commercial Activities Mikhail Urvantsev. “It is an efficient instrument for constructive work both with suppliers of material resources and our customers.”
Mechel, one of Russia’s leading companies, conducts business in four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products, hardware, heat and electric power, and its products are marketed both domestically and internationally.
