Did you know?
Indian B2B systems comprise over 93% of share in the entire trade system. With over millions of multi-node trade transactions happening across the country, it results in creating a huge complex and unorganized network of the entire supply chain. This network is primarily dominated by the SMEs who contribute over 30% of the country’s GDP and employ over 40% of the national workforce.
However, the irony is one of the strong pillars of our economy i.e. the B2B trade system still works the same way it worked over 50 years ago. The sector stays largely untouched despite varied government initiatives and technological advancements such as ease of doing business, digital India and so on.
The unsolved puzzle
Having a million players in the supply chain from manufacturers to distributors, distributors to wholesalers and wholesalers to retailers results in creating multi-node trade channels. Keeping in mind the highly complex Indian B2B network, these trade channels run in both parallel and unparallel ways. This further leads to creating a huge unorganized trade network which is no less than a puzzle that has multiple pieces to be put together.
Several tech players in the B2B market, as well as e-commerce giants like Amazon and Alibaba, have been trying to fix these puzzled pieces, but none have actually been able to solve it by bringing in a comprehensive solution.
The need to solve
While these players are focused on fixing the loose pieces by connecting the two-nodes i.e. buyers and sellers just like the foreign market, they fail to understand and analyze that Indian B2B market is different and it is comparatively more complex in nature.
Unlike organized western supply chain having two-nodes connections, the unorganized Indian B2B market needs multi-node connections that connects all the merchants and facilitates seamless trade within the entire distribution system. And thus, converts solves the Indian B2B markets puzzle.
Solving B2B market Puzzle, The Bnext Way
Specially designed to meet the complexity of Indian B2B market, our b2b wholesale distribution software Bnext is just the right piece of this unsolved puzzle.
India’s B2B wholesale distribution software seamlessly connects the multiple nodes of the entire supply chain from manufacturers to distributors, distributors to wholesalers, and wholesalers to retailers. Its unique feature to create a single product repository for the entire supply chain greatly promotes transparency in the digital era and helps avoid duplicity of the products. Hence, it enables seamlessly instant trade across the network at a single click.