Updated: 20 Dec 2022 10:38 IST
Pune (Maharashtra) [India], 20 December (ANI/ATK): Metalogic PMS will be hosting a Steel Service Center, Retailing & Distribution event on 20 December 2022, Tuesday at Hotel Tip Top International, Pune. This is the first time an event has been organized on the topic of ‘Steel Service Centres, Retail & Distribution’ in the country where more than 300 industry specialists including Steel manufacturers, Retailers, Distributors and end users participate and are supported by the Ministry of Steel.
The main role of the steel service center is to deliver special steel to steel users when required. In India, steel service centers act as intermediaries between steel producers and end users, providing inventory management, and certain application specific steel finishing and distribution services. This concept makes it an important link in the steel supply chain. In India, there are about 1,000 service centers, but only a few have state-of-the-art technology for various processing applications. Currently, in India advanced steel service centers are staffed only by captive steel manufacturers operating these service centers under a JV with international arms. The steel service center provides a wide range of processing facilities with all types of steel to serve customers with desired shapes and volumes. The conference focuses on the current status of steel service centers and their future prospects, the importance and need for digitization.
Metals have been one of the main drivers of industrialization. Among metals, steel has historically held a dominant position. In a typical scenario, a steel manufacturer produces steel in large quantities and then sells it to customers. As a raw material and semi-finished product, steel production and consumption is widely regarded as an indicator of economic progress. The current situation calls for quick decisions that will push steel retailers and producers out of the pressure and stimulate demand. The visibility of sales and inventory data from the last-mile steel distribution network makes service costs to the retail and service markets inefficient. A focus on applying relevant information technology with the right linkages with the physical distribution chain to serve complex market dynamics can generate significant business advantages for steel players.
The event will be officiated by Anil Mittal Jt. MD Vasant Group & Founder of India Business Council, Pune, Vijay Sharma, Director, Jindal Stainless Ltd, VR Sharma, Deputy Chair, JSP Group of Advisory Services, Ashish Anupam, MD, Tata Steel Long Products, Sharad Mahendra, CEO Coated Products, JSW Steel Ltd and Anil Bangur, CEO, Evonith Value Steel Ltd.
Evonith Value Steel formerly known as Uttam Galva Steel is also the main sponsor of the event which will be officially launched at the event.
The conference will be officiated and chaired by distinguished panelists including Anil Mittal Jt. MD Vasant Group & Founder of India Business Council, Pune, Vijay Sharma, Director, Jindal Stainless Ltd, VR Sharma, Deputy Chair, JSP Group of Advisory Services, Ashish Anupam, MD, Tata Steel Long Products, Sharad Mahendra, CEO Coated Products, JSW Steel Ltd and Anil Bangur, CEO, Evonith Value Steel Ltd. and will focus entirely on Steel Service Centers, Retailers and Distribution in India.
Follow-up sessions will highlight the Role of Steel Service Centers in various sectors, the latest technologies used in Service Centers, Challenges faced by the sector Sales, Demand, Customer Requirements, Inventory, Defects, Damage and Credit, Opening opportunities.
This event will also provide input on how the industry can adopt digital technology and why the industry needs to evaluate digital disruptions that are occurring in other industries so that future challenges can be solved using the latest technology.
The event will also provide input on how and why industries need to adopt digital technologies that have helped other industries change their business models by making them much better and more efficient and will also help create a business platform that is timely and demanding. retail & distribution support for the domestic Steel Industry.
Metalogic PMS has been serving the steel and mining industry for the last 6 years. It is one of the fastest growing start-ups capturing more than 25,000 companies. The organization is conceptualizing a value chain from mining to steel production to the end user. Metalogic is one of the leading industry influencers for hosting conferences for the steel and mining industries by providing them with a platform through which issues and suggestions can be presented to policy makers.
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