LET'S START WITH "WHAT IS A STANDALONE MARKETPLACE?"
A standalone marketplace enables sales transactions among multiple buyers and multiple sellers.
NEXT, "WHAT IS A MARKETPLACE ECOSYSTEM?"
A marketplace ecosystem of services and products adds value to users in the marketplace (buyers, sellers and other ecosystem users).
Partners within the ecosystem reside in a different platform or network, and since there is no integration between these providers and the core marketplace, seamless workflows to offer solutions to buyers or sellers in a marketplace do not occur efficiently.
NOW, "WHAT IS A MARKETPLACE NETWORK?"
A marketplace network effectively coordinates numerous providers of products and services around a buyer.
In a network, buyers are not only better informed during discovery and decision-making processes but also establish long-term integrated relationships. These integrated relationships ensure that buyers needs are satisfied beyond a simple buy-sell transaction and are seamlessly addressed across the value chain.
Similarly, by using seamlessly integrated workflows, a marketplace network creates a highly collaborative environment for suppliers to work with buyers. With this super-platform of interconnected services and products, more efficient transactions are possible for suppliers, leading to cost reduction, as well as service (and potentially product) quality improvements, benefiting users across the value chain.
Key Stakeholder Opportunities
Trillia Networks empowers organisations to create circular economy initiatives and capitalise on the outcomes they produce. Using a marketplace infrastructure, Trillia enables this for each stakeholder across the value chain.
Buying Agents
OPERATIONAL SUSTAINABILITY:
Reduce waste disposal consumables and equipment that still have utility, through redistribution via private and public networks;
INCLUSION & AFFORDABILITY:
Increase access to resources for organisations with limited budgets;
FINANCIAL AND HUMAN CAPITAL ACCESS:
Provide access to financing tools in order to satisfy budgeting shortfalls or out-of-cycle budgeting.
Suppliers
RESOURCE SUSTAINABILITY:
Allow lifespan extension for supplies and equipment through reprocessing and re-use;
OPTIMISED ASSET MANAGEMENT:
Removing book value of under-utilised assets for health networks including hospitals and NGOs;
EFFICIENT SALES OPERATIONS:
Allow suppliers, leasing companies and manufacturers to utilise Trillia's marketplace network as a distribution channel for excess resources to increase trade flows;
CAPITAL ACCESS:
Trade Finance capability within the marketplace can create affordable financing utilisation within the associated network.
Donor Agents
GREATER TRANSPARENCY:
Fully transparent supply chain to ensure traceability and reporting with respect to the impact of donor funds and contributions;
QUALITATIVE SOCIAL IMPACT MANAGEMENT:
Provide a secondary method of social outcome management of donor funds
Features of a Marketplace Network
Private Marketplace
Marketplace access is by invitation only. All suppliers and buyers must be approved to have an account, ensuring quality members on the marketplace.
Advanced Navigation
Buyers can search for products through a combination of brand or generic names and results filtered by price, product, shipping, payment method, etc. The configurable experience provides buyers with greater results, quicker.
Comparison Table
Buyers can compare detailed product, payment and shipping information across multiple sellers. Comparisons are automatically saved as a table for future reference and approval, and linked to every purchase as proof that a competitive quotation process occurred.
Buyer-Supplier Communication
Buyers are able to communicate and negotiate in real-time with suppliers on products, promoting confidence in product quality and price competitiveness. All chat histories are saved, uneditable and referenced for every order, generating a comprehensive record trail.
Order Status Tracking
Buyers have full end-to-end live tracking information from purchase order creation to completion. Complete monitoring of order status, delivery, supply chain, certificate processes, and financing are all visible, providing up-to-date information and peace of mind.
Volume Discounts
Suppliers are able to set up discounts based on the number of units purchased. Discounts can be a fixed amount or percentage-based, enabling clear and open pricing incentives to potential buyers.
MOQ
Suppliers can set a product's minimum order quantity, ensuring all orders are cost-effective.
Inventory Management
Suppliers can manage their inventories comprehensively with product variants, stocks and can even configure distribution rules at a regional, country or provincial level. Inventory management occurs at either a central or decentralised level.
Optimised Supply Chain
Supply chain service partners are pre-integrated into the system, offering optimised supply routes and real-time information to suppliers and buyers.
Translations
Buyer and supplier interfaces are completely customisable to local languages, guaranteeing accessibility for all users.
Customisable & Automated Workflows
coming soonConfigurable workflows can mimic each buyer's current organisational processes, streamlining tasks seamlessly and automatically for a more efficient operation.
Finance & Sales Reports
coming soonSuppliers can view real-time revenue information, from sales and order overviews to specific user sales and regional purchasing trends, improving forecasting and resource planning abilities.
Brokerage Services
coming soonBuyers can access deals not available on the marketplace and partake in group purchasing. Suppliers can create unique volume-driven deals to target sales of specific inventory.
Budget & Spend Report
coming soonBuyers can track spend across their different internal budgets, providing full transparency to identify saving opportunities, manage risks and optimise buying power.
Impact/Funds Management
coming soonDonors can effectively manage and track funds, from specifying allocation to particular organisations and categories to viewing real-time granular funds usage. Increased oversight facilitates greater transparency and accountability of donor funds use, as well as impact measurement.
Get involved
Interested in working with Trillia Networks and creating positive and sustainable impact across industries? Contact us below to be part of our journey.