B2B commerce

No-code EDI provider Crstl announces national launch

The supply chain isn’t what it used to be. With more and more sales taking place online, retail brands have started to meet them there by digitizing their own processes, from order management to procurement.

When consumers first began to shift online, the problem among brands was reaching them there. But now, with the rise of marketplaces and online retail, brands have an incentive to digitize not just for customers but for other businesses.

Crstl, which announced its nationwide launch Tuesday,...

https://www.freightwaves.com/news/no-code-edi-provider-crstl-announces-national-launch

Inxeption bolsters B2B marketplace with Final Mile Solar partnership

Amazon, Shopify, eBay and even Craigslist have revolutionized the shopping experience for consumers, allowing them to order and receive items without leaving the couch. 

For businesses, though, commerce has largely remained ​​stuck in the past, riddled with archaic manual processes that make it tough for companies to buy from and sell to one another.

But companies like Inxeption are looking to bring B2B commerce into the present. The Cupertino, California-based firm on Wednesday announced a...

GigaCloud now offers 48-state last-mile and white-glove delivery

GigaCloud last mile delivery

One of supply chain’s newest publicly traded companies just launched a major expansion.

GigaCloud Technology (NASDAQ: GCT) on Friday announced that it has partnered with an unnamed last-mile and white-glove delivery company to provide services to the entire contiguous U.S. GigaCloud listed on the Nasdaq Stock Exchange last month.

The firm styles itself as a global B2B marketplace platform that specializes in connecting big and bulky product suppliers to retailers. Its logistics network includes...

https://www.freightwaves.com/news/gigacloud-now-offers-48-state-last-mile-and-white-glove-delivery

BigCommerce sees big opportunity in B2B e-commerce

In June 2021, BigCommerce launched its B2B Edition, a global software-as-a-service e-commerce platform designed especially for business transactions. As 2022 winds up, the company continues to focus on growing its B2B e-commerce offerings.

“We are continuing to bet big on B2B,” Mark Ostryniec, chief sales officer for the company, told Modern Shipper at the recent National Retail Federation’s Big Show in New York City. “There is more B2B e-commerce than all of B2C.”

A 2021 white paper from DHL...

https://www.freightwaves.com/news/bigcommerce-sees-big-opportunity-in-b2b-e-commerce

New Year, same supply chain mess

The past year will be remembered for a red-hot economy but supply chain bottlenecks that cost sellers an opportunity to gain market share and grow revenues.

For brands selling direct to businesses (B2B) or consumers (B2C), 2022 can’t be another lost opportunity. Unfortunately, some things are out of their control — COVID-19, port backups, a lack of warehouse capacity and last-mile delivery driver shortages, to name a few. But with a little foresight, they can accomplish some mitigation to make...

https://www.freightwaves.com/news/new-year-same-supply-chain-mess

Conversations with Dusty: Global Industrial’s Barry Litwin

Welcome to Conversations with Dusty, a new column in which Bitcadet founder Dusty Dean speaks with senior executives about their experience selling direct to their customers, the major challenges they face and the lessons learned along the way.

Barry Litwin is CEO of Global Industrial Co. (NYSE: GIC), a 70-year-old-plus value-added industrial distributor offering more than a million industrial and MRO products, including its own Global Industrial exclusive brands. Litwin is no stranger to...

https://www.freightwaves.com/news/conversations-with-dusty-global-industrials-barry-litwin

Moving from ‘e-commerce in a box’ to ‘composable commerce’

E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the e-commerce market in general in a recent interview.

In the past two weeks, both Amazon and Shopify announced quarterly earnings, and while the numbers were impressive, they still represent little more than the starting point for e-commerce’s potential....

https://www.freightwaves.com/news/moving-from-e-commerce-in-a-box-to-composable-commerce

Most B2B businesses plan to expand online buying post-pandemic

More businesses are looking to ramp up their online procurement processes, according to an Amazon Business survey released Monday. The survey, covering an equal mix of 500 business-to-business (B2B) sellers and buyers, found that 85% said COVID-19 has resulted in an acceleration of their move to online procurement and 96% said that will continue post-pandemic.

“Our 2021 B2B E-commerce in Evolution report underlines the fact that simply leveraging e-procurement is no longer enough,” said Todd...

https://www.freightwaves.com/news/pandemic-driven-b2b-online-buying-remains-popular

H.I.G. Capital makes strategic investment in Cleo

Cleo, which like other companies involved in business-to-business (B2B) technology, saw rapid growth in the past year as online commerce and communication accelerated, has received a strategic investment from an affiliate of alternative investment firm H.I.G. Capital.

The companies did not disclose how much the investment was, and Cleo declined to provide an update of previous investment rounds.

Mahesh Rajasekharan, president and CEO of Cleo, told Modern Shipper the investment will “strengthen...

https://www.freightwaves.com/news/h-i-g-capital-makes-strategic-investment-in-cleo

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