The Research Of Steel Industry Chain's Reconstitution Via E-commerce

As one of key pillars,the steel industryplays an absolutely important rolein China's national economy.However,the structural contradiction of China's steel industry,after years of throat-cutting market competitions and global financial recession,is protruding obviously,especially in the logistics sector.The lackluster efficiency,lefty costs,and poor credit of steel logistics sector resulted in a fragile financial supply chain.As a consequence,the profit margin in the sector fell dramatically.Thanks to the booming development of e-commerce in China's steel industry,those third party e-commerce platforms,integrated with more efficient services,made a modest contribution to help steel logistics providers relieve their plights:Taking advantage of transaction data to fulfill a fast accurate deal-matching,thus to improve the efficiency of steel logistics.The paper,backed by relevant theories of supply chain and strategic managements,aims to provide a rational strategy for the development of e-commerce of steel logistics providers in sharpening their core competitive edge.Focusing on key aspects of steel logistics,including transaction,storage&transportation,payment&settlement,as well as supply chain finance,the paper launches an all-round analytics of the reconstruction of steel logistics services.Meanwhile,the paper also presents a strategic analysis of e-commerce's impacts onto the revolution of steel logistics operations.Based on the study of steel e-commerce theories,the paper further explores the development model of BankSteel,an online iron&steel transaction platform under Shanghai Gangyin E-commerce Co.,Ltd,to discuss The Eco-System Closed Loop Management Theory proposed by the platform.Selecting the application of e-commerce to steel logistics as the object ofstudy,the paper makes an overall introduction of the difficulties and pain points,both at home and abroad,in steel industry.The paper also seeksapproaches to promote efficient safe transactions in an e-commerce platform,set innowadays' fast-growing development of industry internet.The paper hopes to consolidate existing advantages and create new excellences in key aspects of steel e-commerce,like transaction,logistics,payment,and finance,etc.Finally,the paper draws a conclusion:Steel e-commerce platform has a modest effect on improving efficiency,cutting costs,and establishing credit in logistics sector.The research results of this paper are helpful not only to steel logistics providers,but also to other relevant market participants for their references.