Internet-based business-to-business trading exchanges first surfaced in the late 1990s with the promise of changing the way companies engaged in commerce. Most perished in the dot com bust of the early 2000s because they could not generate traction quickly enough in a market that was early and generally unready. But some—like GT Nexus—survived, and thrived.
Today, GT Nexus is the developer and operator of the largest cloud supply chain platform of its kind, with over $100 billion in goods managed annually and over 25,000 active trading organizations across all major industries. With on-tap data integrations in place to global transportation carriers controlling 90% of worldwide capacity, and strategic go-to-market relationships with five of the top ten global third party logistics providers (3PLs), GT Nexus is also the largest, most complete and active global logistics provider network in the world.
In addition, over 150 banks and financial institutions provide online financing options—right on the platform—during the life cycle of the supply chain transaction. From pre-export financing while an order is in production, to post-export financing after the order has shipped, to payment protection for suppliers, and invoice discounting options for buyers and suppliers, GT Nexus’s financial services providers enable network members to select—with the click of a mouse—the financial service that meets the needs of the moment or the season.
Leaders choose GT Nexus for three fundamental reasons:
We believe the future belongs to networked companies. Most companies still operate as single, siloed organizations, disconnected in fundamental ways from their partner networks. We’ve got the technology platform, the capabilities, and the experts worldwide to help companies navigate from single-silo insular organizations to globally connected agile business networks. We’re proven. See how we’ve helped the leaders here.