B-Stock is very happy to announce that—for the fourth consecutive year in a row—we have been named a Green Supply Chain Award winner by Supply & Demand Chain Executive magazine. The award recognizes companies that support sustainability initiatives as a core part of their service offering and allow their customers to achieve measurable goals.
B-Stock was selected based on a recent case study featuring our sustainable remarketing solution for a Fortune 500 home improvement retailer’s visibly damaged customer-returned appliances. Not wanting to dispose of the inventory, the retailer partnered with B-Stock on a private B2B liquidation marketplace to sell its scratch + dent inventory to a thousands of secondary market business buyers.
Howard Rosenberg, B-Stock’s CEO, views modern liquidation strategies this way, “A big secondary market exists with business buyers interested in items across all categories and conditions, this includes many that are solely interested in recycling or repurposing salvage products for their own business needs. The key is the ability to find and sell directly to these buyers. We’ve spent years vetting and nurturing a dedicated base of hundreds of thousands of business buyers from 135+ countries and are pleased to provide a direct sales channel between these buyers and our clients. By ditching traditional methods, including disposing of historically hard-to-sell merchandise like salvage or damaged, and replacing that with a sustainable solution in the form of a B2B liquidation marketplace, our clients to date have enabled the recycling, repurposing, reuse or resale of over 180 million items.”
The 2018 Green Supply Chain Awards recognize companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations and/or supply chains, in the areas of Sourcing/Procurement, Fulfillment/Logistics, Operations, Product Lifecycle Management, and other areas of the supply chain. The awards also recognize providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals.
Read the full list of winners in the December issue of Supply & Demand Chain Executive or visit www.sdcexec.com.