Top Reasons to Use a Digital B2B Timber Marketplace

Sept. 27, 2022 - PRLog -- Timber Exchange is a SAAS-based supply chain automation platform that aims to digitise global timber trade through its four core features:

1. A smart & open B2B marketplace
2. Advanced supply chain tools
3. A constantly updated market data hub
4. Trade finance & compliance services

Let's look at the top reasons why being part of an online B2B timber marketplace is beneficial.

Why Opt for a Digital B2B Timber Marketplace?

A digital B2B marketplace is a high-trust trade network made up of leading and vetted companies around the world. Some of the benefits of making the most of such a marketplace include:

1. Meeting Prospective Global Counterparties Easily: As part of a digital marketplace, companies can get in touch with stakeholders by bypassing linguistic barriers and removing any middlemen from the equation. This automatically allows expanding their business to well-known companies from key global markets.
   
   
2. Comparison & Quick Decision-Making: In a comprehensive B2B timber marketplace, stakeholders can upload their demand or supply offers for counterparties to take note of. Each of these tenders come with product specifications that include pictures of the logs, dimensions, certifications, moisture content, etc. Looking at all these details before going into trade with any particular counterparty can help companies draw a comparison and make well-informed quick decisions.
   
   
3. Reduced Operational Costs: Two of the largest costs incurred by any business owner have to be for their marketing & promotional activities. By being part of a reliable online marketplace, you can save money on international business trips, printing product catalogues or expensive displays at trade fairs. The best part is that you get all of this without compromising the visibility of your business.
   
   
4. Easy to Set up: An online marketplace has the quickest set-up procedure. All you have to do to be on a platform like Timber Exchange is register with the company details and required authentication certificates and pay a nominal fee (monthly, quarterly, bi-annually, or yearly) to get started. All that is left would be to upload your demand request or supply offer & begin the negotiation process. On the platform, you can also put up public demand requests or supply offers and invite your regular counterparties for better communication.

A B2B timber marketplace provides access to a vast market in the world amongst the key players at a nominal cost. It helps companies achieve operational efficiency by saving time otherwise spent on building an online presence and gaining the trust of their counterparties.

If you are interested in taking this forward, check out https://www.timber.exchange/pricing and book a demo with the experts today.