In order to accelerate the digitalization of business eCommerce adoption and entry of facilitating merchants, United Parcel Service (UPS), the American multinational package delivery and supply chain management company, has collaborated with Inxeption, the industrial-strength eCommerce platform, to build a blockchain-based eCommerce platform for business-to-business (B2B) sales.
This integrated platform would be known as Inxeption Zippy and would assist in the secure marketing and distribution of products on multiple online channels, from one secure place. The blockchain component of Inxeption Zippy would help safeguard sensitive information, such as individual pricing and negotiated rates.
The press release states that the
Platform streamlines transactions and logistics from a secure dashboard…Merchants can manage all aspects of selling and shipping from one place…Customers receive reliable shipping and tracking services from UPS
“Merchants can now receive competitive UPS global shipping, tracking and logistics services with a suite of sales and supply-chain management capabilities. “
UPS would be the chosen shipper of all transactions and the merchants using the platform that can view their entire supply chain, ranging from product listing to delivery.
The platform enables manufacturers, distributors, and wholesalers to do the following: build webpages, upload product details, schedule orders, and shipments, manage purchases, process transactions, track returns, conduct search engine marketing, and review analytics for sales and marketing.
The growth of eCommerce is driving B2B buyers to expect the same fast and convenient shopping experiences that consumers enjoy. Working with Inxeption is another way we’re creating innovative solutions that helps small businesses deliver quality service for their customers and succeed in eCommerce -Kevin Warren, UPS chief marketing officer
Inxeption CEO Farzad Dibachi, who described this move as revolutionizing B2B eCommerce, stated that “We’re revolutionizing B2B eCommerce and bringing companies and their customers together online in a trusted manner. This relationship creates simplified pricing solutions for B2B merchants with limited digital marketing and IT resources to easily manage all aspects of selling and shipping from one secure place.”