We recently partnered with detected, the internationally recognised mark of trust for online marketplaces and e-commerce, enabling buyers and sellers to trade with confidence on our upcoming e-commerce site.
Having identified over £5B worth of spare parts sitting unused across multi-national manufacturing plantations within sectors such as food and drink, packaging, paper, and pharmaceutical, we are determined to help turn these into capital and increase circularity in industry. But without effective visibility into manufacturing supply chains, businesses and in particular executives are faced with significant blind spots in their enterprise risk management structure, from which substantial legal, financial, and reputational exposure could emerge.
That’s why we’ve partnered with detected, one of the world’s first agnostic business verification platforms. Using thousands of data points to confirm a buyer or seller’s business identity, location, solvency and credit rating in seconds, this information is consolidated into the easily recognisable and clickable detected icon, which will be displayed on every listing on our new Marketplace.
Clicking this internationally recognised mark of trust will immediately bring up a seller’s real-time business credentials; live information that detected gathers automatically, standardises and presents in an easy-to-understand interactive format.
detected is the only company in the world to surface this detailed data on a marketplace’s front-end website.
Strengthening trust online
Liam Chennells, Chief Executive Officer at detected:
“Machine Compare has built a leading position serving a sector critical to the UK economy. Buyers and sellers want to feel comfortable with their decisions. Confidence and trust makes or breaks a sale. We are excited to work with Machine Compare to deliver transparency that customers can trust.”
Ben Findlay, Machine Compare’s CEO and co-founder:
“We’re giving organisations the chance to revaluate how and when stock is bought, sold and marketed, giving end-to-end users full transparency of the supply chain and most of all, the assurance needed to trade securely. detected forms an important part of this governance process, increasing transparency, protecting customers and strengthening the customer experience.
Like detected, Machine Compare are highly committed to the circular economy and its new marketplace helps businesses close the circle by extending the life of spare parts by stopping parts from prematurely being considered at end-of-life. Furthermore, after parts have been used and have reached end-of-life, Machine Compare invites recycling partners to repurpose these parts to create a truly circular ecosystem. As well as that, all carbon emitted throughout the supply chain is then displaced, supporting the conservation, reforestation and carbon powerhouses across the world who need it most.”
Register for early access. For free.
The gates to Marketplace will soon open, giving you the chance to connect with thousands of industrial buyers and sellers worldwide. And registering for early access to the site is now possible – and it won’t cost you a £ $ €.