Authors : Dr. Saravana Kumar S.; Anshuman Goswami; H. Lalith Kumar; Himanshu Kumar; Kuldeep Kumar

Volume/Issue : Volume 9 - 2024, Issue 5 - May

Google Scholar : https://tinyurl.com/2mkx3e2m

Scribd : https://tinyurl.com/yc637dck

DOI : https://doi.org/10.38124/ijisrt/IJISRT24MAY253

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Abstract : Currently, a prominent challenge faced by steel companies and retail shops is their dependence on intermediaries or brokers during transactions. This reliance leads to the imposition of additional fees that businesses must pay these intermediaries for facilitating deals. The proposed project aims to address these service- related challenges by establishing direct communication channels between steel companies and retail shops. This innovative approach allows them to forge direct connections without incurring any extra fees to brokers. In the conventional scenario where steel companies and shops rely on brokers for transactions, the negotiation process for steel prices and quantities often becomes time- consuming. Our project presents a solution to this existing problem by empowering steel companies and shops. Through our user-friendly website, we facilitate a streamlined and efficient process for negotiating and finalizing deals. By eliminating the need for intermediaries, businesses can enjoy a more convenient and cost-effective transaction experience, fostering direct communication and enhancing overall efficiency in the steel supply chain.

Keywords : Steel Company, Retail Shop, Direct Communication Channels, Intermediaries, Service-Related Challenges, User-Friendly Website, Convenience.

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