Manhattan Beach, California online industrial marketplace start up, merQbiz, is aiming to improve the way buyers and sellers of recovered paper do business.
With the introduction of is first product, a platform for recovered paper (RCP), the company said that buyers and sellers can easily conduct transactions in a safe and secure way.
Headed by John Fox as CEO and president (former president of Voith Paper, North America) merQbiz is a joint venture between Voith and BCG Digital Ventures. It’s goal is to offer a tool to give buyers and sellers enhanced transactional efficiency, transparency and profitability.
“merQbiz was developed by digital innovators with deep knowledge of the paper industry to create a marketplace that transforms the buying and selling experience,” explained Fox.
“After extensive market research with the buyers and sellers of recovered paper, we understood that there was a need for a better way for them to connect directly,” he added.
The company said that the system provides:
- Complete transparency via the online marketplace
- Consistent control throughout the entire buying/selling process
- Comprehensive quality measurements through state-of-the-art technology
- A cohesive integrated logistics solution.
According merQbiz the system represents the future for the future of wastepaper and recycling commerce and is accessible to everyone in the recovered paper industry.
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