Saturday, September 23, 2023

Bryzos Steel Marketplace is Different

Bryzos Steel Marketplace was founded and expanded by steel industry veterans who transposed the selling of steel goods to an online environment. The objective of Bryzos online marketplace is to facilitate sales between buyers and sellers who are looking to exchange steel pipe. Bryzos puts the buyers and sellers in direct contact with each other in order for them to facilitate that sale. The supply chain of steel has included many transactional intermediaries which increase the cost of the steel. With Bryzos, you only pay them if you are able to make a sale because there is no cost to quote or list material in the marketplace.

The Bryzos platform offers its buyers two different options to purchase steel: by search listings or the Bid Blaster. The Blaster is the online, real-time negotiating system which is designed to be an analog to how steel should be sold. The Blaster includes steel ranging from galvanized, carbon, stainless, etc. The Blaster creates buyer confidence which will drive the marketplace in the long run. The steps required when using the Blaster are uploading the bill of material (BOM), entering specifics about the deal, and submitting the BOM to the marketplace. Once the BOM is submitted, suppliers will contact the buyer in order to hopefully reach a deal. A buyer is able to reject, accept, or counter the sellers offer if need be. There is a time limit on the BOM in order for a buyer and seller to reach a deal. Bryzos makes it easy to keep buyers and sellers in contact with each other. It offers endless opportunities for buyers and sellers to fulfill their steel needs.

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