NewsPrimary ALRusal launches online trading platform
08 OCTOBER 2012Platts

Rusal launches online trading platform

Edited by : AL CIRCLE
2 min read
Rusal launches online trading platform
Rusal has launched an online trading platform for its suppliers so contractors are now able to obtain comprehensive information regarding competitive selections and place their bids via the company's website, the Russian aluminium producer said Monday.

"The main goal of Rusal's production strategy is to increase the production volume and broaden the range of value-added products tailored for our customers' needs and expectations," said Egor Ivanov, Rusal's director for control, internal audit and business coordination, in a statement.

"We can achieve this goal only through cooperation with reliable and highly professional partners. The 'Suppliers' system provides full and easy access to information, which is a key prerequisite for competitive bidding process, resulting in guaranteed quality, prompt delivery and reasonable prices," Ivanov added.

Rusal is the world's largest producer of aluminium, accounting for approximately 9% of global production of both aluminium and alumina in 2011.

The online platform presents the latest information about Rusal's competitive selections and is divided into the following subsections: inventory, transport services, freight, construction, research and development and others.

The aim is to increase both the transparency of Rusal's suppliers selection and the number of bidders, Rusal said, adding: "The automation of the selection process will help the company to manage its supply chains, lower costs, raise selection transparency and the quality of goods and services provided by contractors."

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