Marketplaces: Enter the new age of B2B Procurement

Combine the buying power of a global procurement outsourcing provider, those who source products and services for the world’s leading enterprises, with Tradeshift’s Marketplace solution and you take procurement value to another level.

The way organizations do business with one another is changing and changing rapidly; driven by new behaviors learnt as a result of recession, the pandemic, supply chain breakdowns and enabled by the digital technology revolution.

Business buyers are willing to spend up to USD $500k on purchases without ever meeting the seller in person according to Mckinsey.* But buyers want to buy in a way that suits them. 72%* want the same buying experience, regardless of the channel they use.

Whilst boomers have become accustomed to clunky electronic processes, the millennial generation won’t settle for anything other than a B2C online shopping experience where a few clicks to execute a purchase are the norm.

Whether you are a supplier or a buyer, you can’t afford to miss this.

*McKinsey Management Consulting 2023