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B2B Sourcing Platforms - Industry Experts

B2B sourcing is often a digital platform that brings buyers and manufacturers/service providers together to enable procurers to source products from suitable suppliers. We are a full B2B Sourcing Platform that helps you with sourcing from India and connects buyers with Indian manufacturing companies across a wide spectrum of goods and services with all these advantages that can help you realise business growth. With the industry on an upward swing, there are many B2B procurement companies vying to get a share of the pie. Industry Experts are well-equipped to catering to your sourcing needs.

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B2B Sourcing Platforms - Industry Experts

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  1. AnOverviewofB2BSourcingPlatforms Whatissourcing? Sourcingreferstoabusinessprocessofidentifying,engaging,andprocuringproductsorservicesfromathirdparty,usuallyfromaforeigncountrytofacilitateyourbusinessrequirements.Whileitisprimarilyusedinsupplychainmanagement,itcanalsoformapartofhumanresourcesandmarketingfunctions. WhatdoyoumeanbyB2B sourcing? B2Bsourcingisoftenadigitalplatformthatbringsbuyersandmanufacturers/serviceproviderstogethertoenableprocurerstosourceproductsfromsuitablesuppliers.Themarketplaceallowsprocuringcompaniestoselecttheidealsupplierfromavastgatheringofmanufacturers.Thisensuresfairplayforallthepartiesinvolved. WhatarethekeyfactorsofaB2Bprocurementplatforms? SomeofthevitalfeaturesofaB2Bsourcingplatformare: self-serviceenablement:aneffectivemarketplaceshouldallowbuyersandsellerstoengageinbusinessdealingswithtransparencyandfreeflow multi-vendorenlistment:ItisessentialforaB2Bsourcingplatformtohave multiplevendors,specializingindifferentproductmanufacturing,withvaryingexperienceandpricing. digitalsecurity:inthisday-and-ageofdigitaltransactions,digitalsafetyisamandatoryfeature. easeofnavigation:theecommercesiteshouldbeeasytonavigateandhave enoughoptionstoselectfrom. operationalflexibility:theplatformshouldthatallowmodificationsinordermanagementasandwhennecessary. technologicalintegration:theidealplatformshouldhavemodernpluginstoenhancethequalityoftheoverallinteraction. Thesefactorsallowbuyersandsellerstoengageinseamlessbusinesstransactionsthatfosterstrongerlong-termrelationship. WhatarethemarketdynamicsofB2BprocurementplatformsinIndia?

  2. Post2020,B2BmarketplacesinIndiahaswitnessedphenomenalgrowthwithinvestmentsover$100million.OnlineB2Bretailsalesincreasedfromaround16%to19%in2020andisexpectedtogrowexponentiallyinthecomingyears.Millennialsaredrivingthisgrowthtrajectorywithabout34%actingaskeydecision-makers.Post2020,B2BmarketplacesinIndiahaswitnessedphenomenalgrowthwithinvestmentsover$100million.OnlineB2Bretailsalesincreasedfromaround16%to19%in2020andisexpectedtogrowexponentiallyinthecomingyears.Millennialsaredrivingthisgrowthtrajectorywithabout34%actingaskeydecision-makers. WhichisareliableB2B sourcing platform? Withtheindustryonanupwardswing,therearemanyB2Bprocurementcompaniesvyingtogetashareofthepie.Industry Expertsarewell-equippedtocateringtoyoursourcingneeds.Ourlargerepertoireofempaneledsuppliersinselectindustryverticals,alongwithsubjectmatterexpertsinfinance,marketing,etc.arecapableofguidingyouthroughoutthesourcingjourney.

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