Aperam and Metalshub partnership for a Digital Source-to-Contract solution

Aperam S.A. / Key word(s): Miscellaneous Aperam and Metalshub partnership for a Digital Source-to-Contract solution 15-Feb-2024 / 16:00 CET/CEST

 

Aperam and Metalshub partnership for a Digital Source-to-Contract solution

 

[DUSSELDORF/LUXEMBOURG, February 15, 2024 16:00 CET] – Global stainless and electrical steel producer Aperam and Metalshub, digital supply chain solution announce the implementation of a digital procurement solution.

 

Aperam, a global player in the stainless and electrical steel industry, takes a major step towards innovation and transparency in its operations. By partnering with Metalshub, Aperam aims to enhance their competitive edge and drive their procurement processes into the digital age. Metalshub's software solution provides a cloud-based source-to-contract functionality for raw materials enabling Aperam to access a global network of suppliers and obtain real-time market insights.

 

Aperam will integrate Metalshub's specialized solution seamlessly into its existing IT and ERP landscape. This collaboration marks a significant step towards enhancing the efficiency, transparency, and compliance of Aperam's raw material sourcing processes.

 

“Raw Material Procurement is one of the main drivers of profitability for a stainless steel mill. To do it well requires an industry-specific, digital approach,” said Dr. Sebastian Kreft, Co-Founder and Managing Director of Metalshub. “In embracing Metalshub’s procurement solution, innovative companies like Aperam can manage the raw material buying process, while minimizing their risk, identifying new sources of savings and building a healthy, sustainable supply chain – all in one place.”