Why online e marketplace for Non-Ferrous Metals
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1 Why Online E-Marketplace for Non-Ferrous Metals
Transcript of Why online e marketplace for Non-Ferrous Metals
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Why Online E-Marketplace for Non-Ferrous Metals
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• Megatrends – Undeniable Megatrends • B2B in India• Auction Parameters • Disruption• Is the Market ready to go Online• E-marketplace and the Indian Metals Industry• First ever Non-Ferrous Metals e-marketplace• Mtlexs & NeML• Benefits of Online Auction• Thank You
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Index
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Megatrends What is the age of the next revolution??
3,000 years
40 years
300 years
25 yearsThe Information AgeThe Electronic RevolutionThe Industrial Revolution The Bronze Age
Undeniable Megatrends
India will surpass China Population
by 2022
The basic needs of 50% population will
increase much faster in the next
10-30 years.
India reached 1 billion population in 2000 and will reach around 1.6
billion in 2050
UrbanizationElectrificationEnvironmental
Concerns
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B2B in IndiaThe Giants of the Industry are taking plunge in B2B:Mr. Uday Kotak – Disruption in business because of the new “Winner takes it all”
world order and it will force the Change in Current Business Model• “Disruption is the new world order. Business Models are changing. We are
moving to a world which is getting to be a lot more winner takes it all” – Uday Kotak. (Source ET-Mumbai, July’2015)
Birla Group – Thoughts for $10 Million Investment• Aditya Group to invest in disruptive ideas across areas of financial services,
healthcare and retail. Source ET-Mumbai,3rd August)
Essar Steel – Retail arm to sell Online• Essar Steel plans to generate 600 Crore sale of Steel products in first year .
(Source ET-Mumbai,30th July’2015)]6
Auction ParametersBALCO- Aluminium Contract , For Aluminium EC Ingots LME Grade
date--01-10-2015, Name of Seller –BALCO, Contract Code - BALCECING996IN ,
Product-- Aluminium Ingots EC grade 99.6% , Packing--BDLS , delivery-- EX Factory/Ex Seller Location Bhiwandi , Quantity Variation – (+-) 3%
Auction type– Forward , Auction Matching type- Ascending Price Auction,
Minimum Order Size - 20 TON, Maximum Lot Size - 200 TON,
Standard delivery Lot -5 TON, Base Price -Rs.141/- per kg,
Tick Size- 0.5 per kg, No. of Ticks – 50, 20%,
Trade Margins- 7 % Buyer, Seller 2 %
Payment within - 3 Days Delivery within - 2 Days
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We are good at all the manufacturing processes, but Disruption is taking placeairbnb.com does NOT OWN any hotel property, but still manages largest Number of hotel rooms daily.
Uber.com does not own any cars, but still is the highest TAXI Aggregator
GM the CAR MAKER filed for Bankruptcy in 2008KODAK and NOKIA died an untimely death,
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Disruption at the business level
Businesses today use Disruptive innovation as a tool to progress.
It creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leaders and alliances.
We must Innovate or be ready to Perish
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By 2020, 75 percent of all enterprises are expected to become fully digital. This is because the rapid adoption of mobile devices, ever-increasing thrust for collaboration, proliferation of cloud-based services and increased competition are pushing the threshold for businesses to increase efficiency.
Is the market ready to go online ?
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Power2sme & industrybuying.com have started selling steel online.
MSTC along with the Govt. plans to sell Steel Online.
Where Similar Manufacturer/Sellers are carrying out AUCTION of same/Similar Products with Same/Similar Buyers regularly for PRICE DISCOVERY and CUSTOMER DISCOVERY.
Huge Amounts of CC Rods and Aluminium Products are being Imported
Steel companies are entering the Online trading market, Which gives us further opportunity for business
E- Marketplace and the Indian Metals Industry
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MTLEXS and NeML (a subsidiary of NCDEX) partner to bring to you a premiere E-Marketplace MtlexsSpot for online trade (delivery based) specifically for Non Ferrous metals.It is an unique, secure, reliable and efficient system for Buyers & Sellers to save costs, get faster and quality delivery. With an integrated risk management system and clearing & settlement bank.
First ever Non Ferrous Metals E-Marketplace
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You can Buy/Sell products of Aluminium | Copper | Zinc | Tin | Lead | Nickel |
Brass Ingots | Billets | Scrap & such forms.
NeML: India’s largest commodity market place , successfully delivering value across agri., energy, metals and dairy sectors. Known for Integrity , Transparency & Ethical business practices.NCDFI: A 50:50 JV with NDDB , for dairy products.ffresh: A fresh produce initiative across the nationNeML auctions: A nationwide e auction platform for some of the country’s largest procurements spanning PDS and Mid-day meals schemes
MTLEXS: India’s first unique online marketplace for Non-Ferrous Metals providing information which includes Tender, Local & International Prices, Projects, Technical Data and much more.Information: A huge database of 7 metals , 25 alloy types and huge listing of productsEcosystem: Over 36,000 + registered members from global non ferrous metals trades comprising manufacturers, sellers, exporters, buyers, consumer, importers, stockiest and brokers.Trade: More than 500 Crores worth of matchmaking executed. 14
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Better Price Discovery
Standardization&
Transparency
Smooth Trade Settlement & No
Risk
Low Transaction
Cost
Widens Participation
Widens Market Automation Online Realtime Banking
Benefits of Online Auction
$ Funding to Participate
Customer Discovery
Confidential & Secured
twitter.com/mtlexs
facebook.com/mtlexs
Contact us at: Mr. Suneel R. Mardia : +91 – 9323216277Email : [email protected]
Mrs. Saloni Mardia Kothari : +91 – 9820515353Email : [email protected]
Toll Free : 1800 224 226Visit us on: www.mtlexsspot.com
Thank YouLet us make a new beginning,
Let us make History…
Linkedin.com/company/mtlexs-com
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