B2B (Business to Business) is the name given to the system seen in the dealer networks set up by large companies, used in a closed network so that the company's dealers can efficiently run business processes such as procurement, stocking, distribution and marketing. It is also used as a procurement marketplace for companies.
Thanks to B2B, many companies can easily buy over the internet the products they need during the production of goods and services, or sell intermediate goods wholesale.
This system, built on e-commerce technology, is spreading faster every day among companies that operate independently of any single firm.
What are the advantages of B2B?
- Access to information and products without any intermediary
- Learning about and evaluating customer demand earlier
- A wider range of options and choices when selecting suppliers
- Easier market launch and tracking of products
- Less bureaucracy, and in some processes none at all
- The ability to easily find not only local suppliers or companies that will demand the product, but also suppliers or customers abroad
- Easy stock tracking and a higher stock turnover rate
- Suppliers can see stock levels and act in line with them
- Lower purchasing costs
- Higher customer satisfaction
- Greater efficiency in internal productivity and in the control and auditing of work
