Latest Addition: Buyers Can Now Create Enquiries With Multiple Product Specifications

At Metalshub, we continuously innovate to digitise processes, streamline workflows, boost productivity, and deliver value tailored to the metals and mining industry. As part of our commitment to providing a software solution that suits the needs of such a complex industry, we’re excited to introduce our latest feature: Multi-Product Enquiries.

Traditionally, our Procurement Solution allowed the users to create an enquiry for just one product specification. While this worked for most raw materials traded on the platform so far, it became limiting as more and more companies began using Metalshub for larger and more complex procurement needs. Growing complexity called for increased flexibility, leading to the start of the ideation process for the Multi-Product Enquiries feature.

With the Multi-Product Enquiries feature, buyers can now create an enquiry containing multiple product specifications. Whether you want to purchase the same raw material in different specifications (for example, different grain sizes of a powdered material) or show the various material specifications you are willing to buy (for example, scrap in different shapes and forms), this feature makes it quick and easy. But with flexibility, we don’t compromise on control. At each stage, both the buying party and the selling party have full control over which of the listed materials they want to conclude a deal on.

• Leverage your volumes: By combining multiple product specifications in one enquiry, procurement teams can indicate larger volumes to the market. This has multiple advantages. First, with larger volumes, there’s an opportunity to negotiate more favourable pricing terms, enhancing profitability. Second, it offers the chance to benefit from better logistical planning and cost-efficiency by consolidating shipments.
• Efficiency is key: Instead of creating multiple different enquiries and tracking offers across them, multi-product enquiries offer a consolidated overview of the volume you are entering the market for. A single multi-product enquiry also allows buyers to compare all the offers against all the products and make a buying decision with the complete picture in mind.

• Discover new selling opportunities: With buyers requesting multiple products in a single enquiry, sellers can now discover selling opportunities across new product categories or material specifications that they hadn’t previously explored. This also allows the sellers to competitively price their offers in return for a larger transaction volume.
• Quick and easy offer creation: Multi-product enquiries make sure that, as a seller, your time and energy are not wasted in filling out multiple forms with redundant information to offer against products. The offer creation form for a multi-product listing is concise and allows you to choose and offer against multiple products through one single form.

Creation of a multi-product enquiry is as easy as selecting the specifications you want to buy, filling in key information – quantity, delivery and other commercial terms, inviting your preferred partners to the enquiry and then publishing!

For those looking to enhance their procurement process, Metalshub’s Muilti-Product Enquiries feature is a tool that delivers immediate results and ensures buying decisions have a positive impact on the business.