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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.
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…