REDWOOD CITY, Calif.--(BUSINESS WIRE)--B-Stock Solutions, a technology-enabled service provider powering the largest network of B2B liquidation marketplaces, is pleased to announce that its Vice President of Engineering, Ivaylo Iliev, has been accepted into the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs and technology executives.
Iliev oversees all technology initiatives for B-Stock including: marketplace implementations, updates and ongoing maintenance of a global – and dynamic – network of online auction marketplaces. Under Iliev’s leadership, B-Stock’s tech team has completed over 50 successful marketplace implementations for some of the world’s largest retailers and manufacturers.
B-Stock was built on the idea that technology and analytics could revolutionize the way organizations handle their returned and excess inventory slated for liquidation. Given how competitive the retail landscape is, retailers must be smart about every area of the business; this includes choosing a liquidation program that will maximize efficiency, recover maximum value and support brand protection concerns. By leveraging B-Stock’s technology-based solution, clients see improvements in recovery rates for their liquidation inventory – as much as 250% better – while reducing the amount of time required to manage the process.
“I’m pleased to be joining this notable community of technology leaders,” said Iliev. “I look forward to collaborating with the council and representing B-Stock as a technology-leader in the reverse supply chain industry.”
Iliev joins other Forbes Technology Council members, who are hand-selected, to become part of a curated network of successful peers and get access to a variety of exclusive benefits and resources, including the opportunity to submit thought leadership articles and short tips on industry-related topics for publishing on Forbes.com.
“Technology is the foundation of B-Stock’s marketplace solution and a key driver of client success. Ivaylo is continuously innovating to enhance the marketplace experience through a diverse technology offering with a focus on data science,” said Howard Rosenberg CEO of B-Stock. “A big congratulations to Ivaylo on his acceptance into the Forbes Technology Council.”
Forbes Councils combines an innovative, high-touch approach to community management perfected by the team behind Young Entrepreneur Council (YEC) with the extensive resources and global reach of Forbes. As a result, Forbes Council members get access to the people, benefits and expertise they need to grow their businesses — and a dedicated member concierge who acts as an extension of their own team, providing personalized one-on-one support.
Scott Gerber, founder of Forbes Councils, says, “We are honored to welcome Mr. Iliev into the community. Our mission with Forbes Councils is to curate successful professionals from every industry, creating a vetted, social capital-driven network that helps every member make an even greater impact on the business world.”
About B-Stock Solutions
B-Stock Solutions is a technology-enabled service 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 eight of the top 10 U.S. retailers, are using B-Stock Solutions' data-driven solution to increase recovery rates on their excess inventory by 30-80%. For more information, please visit http://bstock.com.
About Forbes Councils
Forbes partnered with the founders of Young Entrepreneur Council (YEC) to launch Forbes Councils, invitation-only communities for world-class business professionals in a variety of industries. Members, who are hand-selected by each Council’s community team, receive personalized introductions to each other based on their specific needs and gain access to a wide range of business benefits and services, including best-in-class concierge teams, personalized connections, peer-to-peer learning, a business services marketplace, and the opportunity to share thought leadership content on Forbes.com. For more information about Forbes Technology Council, visit https://forbestechcouncil.com/. To learn more about Forbes Councils, visit forbescouncils.com.