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B-Stock Solutions, a technology-enabled service provider powering the largest network of B2B liquidation marketplaces, is pleased to announce that its Vice President of Engineering, Ivaylo Iliev, has been accepted into the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs and technology executives.
Iliev oversees all technology initiatives for B-Stock including: marketplace implementations, updates and ongoing maintenance of a global – and dynamic – network of online auction marketplaces. Under Iliev’s leadership, B-Stock’s tech team has completed over 50 successful marketplace implementations for some of the world’s largest retailers and manufacturers.
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…