REDWOOD CITY, Calif., Nov. 10, 2015 /PRNewswire/ -- B-Stock Solutions, a technology-enabled service company powering the largest global network of B2B liquidation marketplaces, has been named a Green Supply Chain Award winner by Supply & Demand Chain Executive magazine. The award recognizes companies making sustainability a core part of their business strategy or service offering. B-Stock was selected for providing green reverse supply chain solutions for its hundreds of clients in the form of B2B marketplaces that sell excess and obsolete merchandise across all conditions, including salvage and damaged. In 2015, approximately 30 million items will be sold across the B-Stock platform for repurposing, resale or recycling.
"This recognition from Supply & Demand Chain Executive is wonderful and affirms that the reverse supply chain is truly a place where retailers and manufacturers can support sustainability initiatives. This is particularly true when it comes to heavy use, damaged, salvage or other hard-to-sell items slated for liquidation," said Howard Rosenberg, CEO of B-Stock Solutions. "By partnering with B-Stock, our clients have access to a global base of vetted buyers interested in products in a variety of conditions, many who are solely interested in recycling or repurposing salvage products for their own business needs. What's more, because of B-Stock's transparent B2B marketplace platform that connects sellers directly to buyers, our clients know exactly who is purchasing their product and for what purpose."
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 four of the five largest U.S. retailers, to recover billions of dollars from the sale of excess inventory, typically achieving a 30-80% increase in return over what they were seeing previously.
The 2015 Green Supply Chain Awards recognize companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations and/or supply chains, in the areas of Sourcing/Procurement, Fulfillment/Logistics, Operations, Product Lifecycle Management, and other areas of the supply chain. The awards also recognize providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals.
Read the full list of winners in the December issue of Supply & Demand Chain Executive or visit www.sdcexec.com.
About B-Stock Solutions
B-Stock Solutions is a technology provider, powering the largest global 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 four of the five top 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 techniques by enabling a direct relationship between retailers/manufacturers and secondary-market buyers. For more information please visit: http://bstocksolutions.com/
Senior Communications Manager
SOURCE B-Stock Solutions