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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.
Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…