3rdwave Metals Trading and Distribution
An Industry Overview
The metals industry business
environment is best characterized as high volume/low margin.
High substitutability, excess world capacity, falling demand,
restricted markets, dumping and unfair government subsidies
have not made doing business easy for the metals producer
or trader. Successful traders and distributors are under constant
and increasing pressure to improve their operations.
Improving operations means doing
'business as usual' is not sustainable. Improving operations
means fundamentally changing the efficiencies of the processes
supporting the business. However, changing a company to become
more productive does not need to be disruptive. Change is
a continuous process.
Metals traders and distributors are constantly
required to respond to the changing demands of their customers
while adapting to the constant demands of their mills and
suppliers.
The major challenge for the metals trader
and distributor is to be flexible and responsive while remaining
profitable. Profitability for the trader and distributor is
driven through streamlined business processes that deliver
exceptional organizational efficiency.
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