Uncover the full value of your steel spend
Sourcing Value helps enterprises to realize the full savings potential in their steel sourcing processes with its unique approach and platform.

15+ years of Steel Expertise

Proved Results in Savings (Typical 6% or $50 / MT)

Resource Productivity

Speed in Steel Procurement

Proven Realized Savings
100 million MT
Total Volume Negotiated
>$4B
Total Savings Achieved
$50/MT
Average Savings per MT
6%
Average Total Savings
What is Sourcing Value
The ultimate steel sourcing tool, designed by experts in the complexity of steel and related components with relevant experience across multiple industries and organizations of all maturity levels.

RFQ & Negotiations
e-RFQ portal, including standardized steel matrix pricing by specification enables buyers to incorporate new and more suppliers than ever before. Execute more detailed, effective, and immediate analytics, breakdowns, and comparisons to provide data-driven feedback to suppliers.

Advanced Analytics & Benchmarking
Comprehensive and structured approach to data allows you to see the big picture in high definition, while also allowing you to deep dive into the most granular material specification benchmarks. Intuitive charts contain pre-prepared best practice analyses to help efficiently guide your decision-making process.

Value Chain Optimization
Leverage linear programming to optimize every step of your value chain, understand your full demand across tiers, and seamlessly launch and manage Directed Buy and Resale programs. Implement cost savings without squeezing your suppliers by creating unique scenarios with customized strategic and technical constraints to compare, evaluate and make informed decisions.

Market Intelligence
Seamlessly track and manage your pricing compared to market indices while receiving up to date, detailed analysis on market drivers and forecast. Maintain budgets and productivity savings with a clear line of sight to your price level versus market volatility.
Client Success Stories
Learn more about how we helped leading enterprises to optimize steel sourcing process and achieve cost saving.
Automotive OEM
Learn how Sourcing Value set up of a master coil resale program to drive $50M in savings in annual savings at an Auto OEM.
Wind Turbine Manufacturer
Learn how Sourcing Value supported fact-based negotiations to drive €76/MT in annual savings at a Wind Turbine Manufacturer.
Appliances Manufacturer
Learn how Sourcing Value supported a value chain optimization initiative to drive 6% annual savings at an Appliance manufacturer.
Oil & Gas EPC
Learn how Sourcing Value created leverage through aggregation of volume across the supply chain and drove 5% savings at an Oil & Gas EPC.
Resources
Find our reports and resources to help your procurement process to the next level
Q3 2020 Steel Report Overview
Global steel commodities saw significant decline in Q2 ‘20 due to COVID, however global HR was most negatively affected…
Q2 2020 Steel Report Overview
Global Steel prices saw a final upward push in January before the impact of COVID-19 turned the market downwards. Now…
Q1 2020 Steel Report Overview
Steel prices in the US and China rebounded slightly in Q4 2019, rising off of multi-year lows in both regions. In…
Q4 2019 Steel Report Overview
Global steel prices continued falling in Q3 2019 as overall economic sentiment remains weak across most regions. Many…
SMU Steel Summit 2019 Conference
Panelist
August 2019
View now ->
Smart Analytics for the metals buyer
Article
March 2020
Read more at The Fabricator magazine->
Steel Market Update: SMU Community Chat Webinar
Speaker
June 2020
Watch it now ->