Profile
Factsheet
Basic Information
| Nature of Business | Manufacturer |
| Total Number of Employees | 101 to 500 People |
| GST Registration Date | 01-07-2017 |
| Legal Status of Firm | Limited Company |
| Annual Turnover | 100 - 500 Cr |
| Import Export Code (IEC) | 0394025229 |
| GST No. | 27AAACF4202A1ZH |
| CIN No. | U27106MH1991PTC063422 |
| GST Partner Name | Hemali Jatin Parekh, Jatin Gopaldas Parekh |
What are the Customer's Expectation from Steel Mills and Steel Suppliers?
SAFETY (material quality, safer devices and mechanisms, automation)
- Human life above anything
Cost and Process:
- Lead continuous improvement process and cost reduction
- Capacity to solve problems and identifying causes
- Recycling of Steel waste
Flexibility, Knowledge and Speed:
- Possibility to change from focus on cost to focus on production quickly
- Knowledge management and continuous assessment best practices
- Working capital management by inventory control
- Steel performance and cost , reporting capabilities
DREAM: The “infinite” Relationship - cost effective Steel from Fortran- Steel (Parekh Group).
- Three “do Not” For Steel- Salesman:
- “My costs are increasing, therefore I need a price increase” – Price is market, not cost
- “STEEL is only a small portion of Customer's Overall cost” – Everything matters on the overall cost
- “I can not understand why I do not sell to you” – AM I LACKING IN market Study?, homework?
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Raghu (Senior Sales Manager)
Fortran Steel Private Limited
No. B-51/W-20-21-5, MIDC
Taloja, Navi Mumbai - 410208, Thane, Maharashtra, India
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