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INFOGRAPHIC: Chemical industry gains a foothold in B2B ecommerce

The chemical industry has been slow to get online for sales, but U.S. chemical sales have gained a foothold in ecommerce in recent years, industry experts said in a recent webinar presented by Knowde, a chemicals industry B2B online marketplace. The presentation, featuring speakers from chemicals giant DuPont, global consultants Deloitte and Knowde, noted a compound annual growth rate (CAGR) of 3.7% in U.S. chemical industry B2B ecommerce sales on company websites and third-party marketplaces between 2017 and 2020, resulting in $27.8 billion in online sales projected for 2020, according to figures from Deloitte. With worldwide chemical industry sales of $4.1 trillion, however, there is plenty of room for the industry to grow online.

How manufacturer Blount International scored with ecommerce

In need of an ecommerce site to remain competitive, industrial equipment manufacturer Blount International deployed one that connected to its SAP system and that didn’t overburden its IT department. It has seen its quarterly ecommerce revenue more than triple, its quarterly transaction volume more than double and its average order value increase 65%.

A heavy equipment online marketplace tops $500 million

By expanding the range of online auction services for buyers and sellers of such equipment as bulldozers and agricultural machinery, Ritchie Bros. Auctioneers has boosted its web sales.

How Cargill is improving digital commerce

As a worldwide supplier of agricultural, industrial, food-service and other products, Cargill Inc. has an ongoing effort to improve how it connects through digital commerce with channel partners and customers.

India’s Udaan B2B marketplace raises $300 million

The funding from two Silicon Valley firms and prior investors comes as, which launched in 2016, has surpassed $1 billion in gross merchandise sales, India-based ET reports.

B2B Next 2019 preview: Taye Mohler on the big opportunity of B2B ecommerce

Taye Mohler, senior director of global functions and customer-facing application portfolios at Cargill Inc., a supplier to industries including agriculture and pharmaceuticals, knows first-hand that B2B ecommerce infrastructure must meet the needs of both internal business units and customers to succeed. She’ll discuss what it takes to create a site that works for all users at “Building a Successful B2B Ecosystem,” a panel to be presented at B2B Next at the Hilton Chicago this fall.