World
B2B Workshop in Chicago Will Focus on Latest Trends in B2B Digital Technology to Improve Customer Service
B2B workshop which is scheduled to happen at the end of this month at IRCE @ RetailX will discuss the changing trends in the B2B digital technology. With the high paced evolution of technology, B2B eCommerce companies need to adopt the right strategies and flexible technology platforms to meet the needs of customers.
According to Joe Cicman, the leading B2B eCommerce analyst at Forrester Research Inc., B2B companies are facing difficulties in meeting the demands of buyers. The increasing demands of customers have resulted in the need to provide a better customer experience to them. He said that an experienced strategic team to understand the customers’ needs and an agile technology platform are required urgently.
It is important to consult a reputed full service ecommerce webdevelopment service to ensure the adaptability with the latest technology platform. There are a number of companies who don’t have eCommerce transaction sites and they are planning to do that in the near future. In order to cater to the demands of customers, many established eCommerce sites are investing in eCommerce technology and operations. In 2019, this spending has increased by over 25%.
Difficulty in the recruitment of experienced e-commerce personnel, competition from Amazon business and resistance from traditional sales departments are the major challenges that B2B e-commerce market is facing today. The workshop titled, “IRCE @ RetailX 2019: Breakout Tactics for B2B Selling” will address the latest technology trends, recruitment of talented e-commerce staff and strategies to improve customer experience in eCommerce. Apart from this, the business models of the two high net-worth companies namely, US Foods and Chemicals distributor Univar Solutions, will be studied to devise strategies to shift from traditional operation ways to digital interaction with customers.
World
Turkish Textile Giant Sun Textile Solution Proposal for Drought
While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.
Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.
The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.
CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!
In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.
The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.
R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!
Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.
OFFERING CUSTOM DESIGNS TO CUSTOMERS
Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.
With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.
Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.
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