JV merQbiz Aims to Transform how Recovered Paper is Traded : New Online Market Place for Recycling Firms to Trade Recovered Paper
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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