REDWOOD CITY, Calif., Aug. 12, 2015 /PRNewswire/ -- B-Stock Solutions, a technology-enabled service company powering the largest network of B2B liquidation marketplaces, has been named one of SupplyChainBrain's "100 Great Supply Chain Partners." B-Stock was nominated by one of its clients – a Fortune 500 home improvement retailer – for implementing a customized B2B marketplace solution for consumer-returned and overstock inventory that has included bringing them thousands of new business buyers and creating a substantial increase in recovery for the merchandise.
"We strive to form long term partnerships with our clients that make them more money from the liquidation of their excess inventory. We do it through data analysis and the application of sophisticated auction strategy which allows us to bring efficiency to this traditionally inefficient area of business," said Howard Rosenberg, CEO of B-Stock Solutions. "Being nominated for and selected as one of SupplyChainBrain's 100 Great Supply Chain Partners is an honor and further affirms the importance of implementing a top-notch program to address returned, excess and overstock inventory."
SupplyChainBrain's 13th 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 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 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-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 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 disrupting traditional liquidation techniques by promoting 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