REDWOOD CITY, Calif.--(BUSINESS WIRE)--B-Stock Solutions, a technology-enabled service provider powering the largest network of B2B liquidation marketplaces, has been named one of SupplyChainBrain magazine’s “100 Great Supply Chain Partners” for the second year in a row. B-Stock was nominated by one of its clients – a Fortune 500 multichannel consumer electronics retailer – for building a customized B2B marketplace to connect trade-in mobile devices directly to a global base of business buyers, with no liquidator involvement. The site has allowed the retailer to expand its trade-in business substantially by providing pricing intelligence and allowing access to an ever-expanding buyer base that has grown 1,700% since inception.
“Our goal is to build and maintain marketplaces for our clients that are long-term strategic assets resulting in substantial increases in recovery for returned, excess or traded-in inventory. By combining technology, data analysis and auction strategy we are able bring efficiency to a historically inefficient area of the business,” said Howard Rosenberg, CEO of B-Stock Solutions. “Being nominated by a client and ultimately selected as one of SupplyChainBrain’s 100 Great Supply Chain Partners is extremely gratifying. Our client partnerships mean everything to us.”
SupplyChainBrain’s 14th annual list of 100 Great Supply Chain Partners is the result of a six-month on-line poll in which supply chain professionals were asked to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service and overall supply chain performance. According to SupplyChainBrain, this year, nominations were received for hundreds of solutions providers in every aspect of supply chain management.
B-Stock Solutions was built on the idea that technology and analytics could revolutionize the way organizations handle their excess inventory. Since inception, B-Stock has enabled hundreds of companies, including six of the top 10 U.S. retailers, to liquidate billions of dollars worth of excess inventory, typically achieving a 30-80% increase in return over what they were achieving previously.
The full list of “100 Great Supply Chain” winners is featured in the July/August issue of SupplyChainBrain magazine and accessible online at: http://www.supplychainbrain.com/.
About B-Stock Solutions
B-Stock Solutions is a technology provider, powering the largest network of B2B liquidation marketplaces. Our award-winning platform connects customer returns and overstock inventory from retailers and manufacturers directly to qualified business buyers through customized, private-label online auction marketplaces. Hundreds of companies, including six of the top 10 U.S. retailers, are using B-Stock Solutions' data-driven platform to increase recovery rates on their excess inventory by 30-80%. B-Stock is revolutionizing traditional liquidation by promoting a direct relationship between retailers/manufacturers and secondary-market buyers. For more information, please visit: http://bstock.com.