Who says that B2B commerce in China is a “red ocean?” Certainly not JQW. This domestic Chinese B2B e-commerce operator took some big steps in an effort to make its site more appealing to English speaking buyers and suppliers.
The International Commerce Committee released its annual Global Survey on July 2, with data from 298 banks across 127 countries. According to the results, international trade growth has decreased significantly when compared to the years before the global financial crisis. ICC Banking Commission Executive Committee...
EBE Technologies and TrueNorth Companies announced earlier this week that the two organizations were going to partner together to offer customers a new paperless option for their workflow-based insurance enrollment needs. According to EBE, OverDrive was designed to synchronize data in real time between the...
Fuel sector company Sakunda announced this week that it launched a new fuel and loyalty card. The innovation gives customers convenient, secure and manageable fuel services, according to a News Day report. Additionally, the new card enables customers to purchase fuel using V payments, Visa...
Buffalo-based M&T Bank announced earlier this week that it was going to put microchips in its commercial credit cards. According to a recent American Banker article, the microchips will enhance the cards’ security while also improving the purchasing experience for M&T business clients when they...
Walmart India announced last month that it would soon be bringing B2B e-commerce options to the nation. At the time, Walmart India’s CEO Krish Iyer told Reuters that his company can address a $50 billion market out of the total $300 billion worth Indian wholesale...
Barclays announced earlier this week that it believes there is potential it its trade and working-capital finance business in the Persian Gulf. This is due to regional businesses becoming more sophisticated and then expanding into new markets. According to Barclays’ managing director of trade and...
John Lewis Partnership announced earlier this week that in order to drive supplier innovation, the company could opt for crowdsourcing as a solution. John Lewis Procurement Director Paul Bestford told Supply Management that problems and issues could be posted on a crowdsourcing platform and a...
Connecting with one another through social networking sites like Facebook and Twitter is fairly commonplace for individual consumers. But what benefit can “likes” bring to the procurement industry? According to a recent survey, procurement-specific social networking sites are the future, and purchasers are excited to...
