REDWOOD CITY, Calif., June 23, 2017 /PRNewswire/ -- B-Stock Solutions, a technology-enabled service company powering the largest network of B2B liquidation marketplaces, has been named to the "Supply & Demand Chain Executive 100" list for a third year in a row. The recognition highlights 100 supply chain projects between clients and solution providers that have resulted in supply chain excellence. B-Stock was selected based on the successful execution and ongoing operation of a branded B2B liquidation channel for a Fortune 500 consumer electronics retailer's trade-in devices. By leveraging B-Stock's transparent marketplace platform, demand generation programs and secondary market expertise, the retailer has been able to expand its trade-in business and remarket the devices directly to global buyer base that has grown over 1,700% since inception. What's more, the marketplace has provided a fully accountable and documented transaction trail, where every point of the process is recorded systematically; this allows for rigorous compliances and reduces risk.
"We are pleased to have earned a spot on the SDCE 100 for three years in a row. This project in particular reflects the importance of rethinking traditional liquidation or wholesale techniques for previously traded-in electronics devices in favor of a web-based online auction solution," said Howard Rosenberg, CEO of B-Stock. "By connecting this client's inventory directly to a huge audience of business buyers we have been able to drive competition, maximize recovery, and provide accurate secondary market pricing while reducing dependence on one or two buyers."
B-Stock Solutions was built on the idea that technology and analytics could revolutionize the way organizations handle their returned and excess inventory. Since inception, B-Stock has enabled hundreds of companies, including seven of the top 10 U.S. retailers, to recover 30%+ more on billions of dollars worth of inventory.
The 2017 Supply & Demand Chain Executive 100 list is comprised of supply chain solution and service providers that have helped their clients achieve supply chain excellence, including measurable gains in ROI through cost-cutting and increased efficiency within any function of the end-to-end supply chain.
Read the full list of winners in the June issue of Supply & Demand Chain Executive or visit www.sdcexec.com.
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's data-driven solution to increase recovery rates on their excess inventory by 30-80%. For more information, please visit http://bstock.com.
Head of Corporate Communications
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SOURCE B-Stock Solutions