UC RUSAL Launches Online Trading Platform
OREANDA-NEWS. September 11, 2012. UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, is pleased to present its new online trading platform for the Company's suppliers. All contractors are now able to obtain comprehensive information regarding competitive selections and place their bids on the Company's special website section "Suppliers"www.rusal.ru/en/suppliers.
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 system includes all application documents including RUSAL's quality standards and requirements, providing a clear accreditation system.
This is in order to raise the transparency of RUSAL's suppliers selection and increase the number of bidders. 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.
"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. 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”, said Egor Ivanov, UC RUSAL Director for Control, Internal Audit and Business Coordination.
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