A B2B supply chain digitalization platform called Inxeption has started operating in Frankfurt, Germany, to better service its clients in Europe and expand its presence in India and Southeast Asia.
The organization has appointed Sebastian Stahl as senior vice president for international business development in Europe. Stahl formerly served as managing director of Conceptum Logistics GMBH AERO, CEO of Conceptum Sport Logistics, and interim head of Germany at TVS SCS Global Forwarding Solutions, according to a news release.
As stated in the press release by Josh Allen, chief commerce officer of Inxeption, “With Inxeption’s initial expansion into Germany, we are focused on enabling our existing commerce partners to become more effective in the [Europe, Middle East, and Africa (EMEA)] region as well as supporting European industrial manufacturers in their efforts to enter the U.S. market.
In order to become a center of European manufacturing with 15 million workers working in advanced manufacturing industries, German businesses are expected to spend more than $10.5 billion per year starting in 2025.
Inxeption already works with German companies in a number of industries to enhance their digital supply chains and boost their exports to the United States, according to the news announcement.
In order to help our business partners overcome particular, localized supply chain pain areas, we are introducing Inxeption’s industrial commerce experience and capabilities to additional regions of the world, Allen stated in the statement. Allen declared that “our entry into Germany is a key first step in establishing a more significant worldwide presence.”
Allen claims that Inxeption, through its Industrial SuperApp and an online platform, aids manufacturers and other businesses in growing by boosting online sales, controlling working capital, and streamlining shipping and payments.
Allen asserts that by using data to increase their knowledge, organizations may make better purchase decisions and plan the required capacity.