The future of metal trading is digital
Digital Trade The future of metal trading is digital
19.09.2018Author / Editor: Gerd Krause / Rosemarie Stahl
The fax and telephone era in the steel and metal trading business is coming to an end. The winners will be the traders who have been quick and purposeful in the digitisation of their processes. The development will lead to fully automatic steel supply via the Internet of Things – with or without steel traders. Related Company (Source: Wolfram Schroll)
Some outdated practices have survived in the steel community. The fax machine is one of them. While everyone nowadays has a smartphone in his pocket and social media have been an accepted feature of everyday life, modern communication in steel trading still revolves around landline phones and fax machines.