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The Green Supply Chain Awards recognize companies making sustainability a core part of their supply chain strategy, as well as those working to achieve measurable goals within their operations.
B-Stock was built on the idea that technology and analytics could revolutionize how organizations manage excess inventory. With a focus on the reverse supply chain, B-Stock is able to facilitate new ways to reuse or recycle unwanted products. By partnering with the company, its clients have access to a global base of vendors that are dedicated to recycling and repurposing salvage products for their own business needs. B-Stock’s transparent B2B marketplace platform connects sellers directly to buyers, so customers know exactly who is purchasing their product and what their intended purpose is. By using a B2B liquidation marketplace, over 180 million items have sold for reuse, resale or recycling through a total of 338,748 auctions.
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…