FARMINGDALE, NY, January 06, 2022 (GLOBE NEWSWIRE) – Bay Supply has launched its innovative new B2B e-commerce platform Baysupply.com as the first vertical B2B marketplace to serve the fastening industry.
Bay Supply is an online marketing division of Bay Fastening Systems and a key part of the Bay Marketing Network serving the global industrial supplies market.
As the first B2B vertical niche market to serve the fastener products industry, Bay Supply plans to offer free listing on baysupply.com for users to access automated workflows and team dashboards to help buyers and sellers run their business more efficiently.
âThe fasteners industry is fragmented and outdated. The industry needs a better way to leverage technology to streamline the quote and order processes, âsaid Clifford Bernard, President and CEO of Bay Supply. “Supply ties requires an incredible amount of time and research online. The current process – multiple websites being searched, contact requests, email submissions to multiple vendors, and multiple phone conversations – no longer makes sense to anyone in the supply chain. Everyone is chasing supply, and Bay Supply solves that problem by bringing supply to buyers. “
One of the strengths of the new platform is an RFQ workflow that automatically populates part specifications to streamline the submission process. Buyers can quickly create RFPs and specify specific category or brand requirements. Requests for quotes are automatically syndicated to relevant suppliers who meet their procurement requirements with one click.
Bay Supply Offers free registration to distributors who sell fasteners within the more than 2,000 identified categories set up on the platform comprising different types of rivets, bolts, threaded inserts, and other fastening products and tools. Bay Supply will also work with distributors to add new categories to better position their product offerings. Each distributor receives an online profile which is leveraged for SEO through online search engines and the Bay Supply Marketplace. Bay Supply provides free use of the platform and all automated workflows, including multiple team dashboards. Buyers and sellers can communicate using cross communication modules to help them do business.
In addition to serving distributors and buyers, Bay Supply places a strong emphasis on recruiting fasteners manufacturers.
âFastener manufacturers build their digital catalogs for their brands on their corporate websites. It’s an absolute necessity to maintain brand integrity and customer loyalty, but they only reach a small percentage of the buying community with limited exposure. Bernard mentioned. âManufacturers need to showcase their brands and the unique value their products bring to an application, and they need to do so where their competition is. “
Bay Supply provides a consistent and comprehensive branding experience for fastener manufacturers before, during and after every sales transaction.
While access is free to all users, Bay charges a nominal fee to sellers for all successful sales transactions on the platform. Bay uses the majority of the Success Fee collected to fund ongoing software improvements for users, to cover integration costs with third-party services, and to expand the digital marketing exposure of the platform and all of its participants.
To learn more about the platform and the benefits it can bring you, visit the new Bay Supply website and create an account today.
For media inquiries, please contact Michael Eichinger, COO [email protected]
This content was posted through the press release distribution service at Newswire.com.
Featured Image for Bay Supply