A war in Ukraine and lockdown restrictions in China may mean the end of what LianLian Global Executive Chairman David Messenger recently called a âgolden age of globalization,â and thatâs placing new emphasis on diversifying cross-border supplier relationships.
Buying industrial goods has traditionally involved a lot of leg work, Bryzos CEO Shep Hickey told PYMNTS recently. Adopting a marketplace model can help suppliers win customer loyalty by giving busy procurement pros easy access to inventory and pricing information.
When DiMuto CEO Gary Loh got into the apple business, he found an industry stuck in the past â a prime candidate for a digital marketplace model to foster efficiency, transparency and speedy payments.