Source cheaper, global, direct.
BLK was born as the digital marketplace dedicated to commodities and raw materials.
It was born from the awareness that the digitalization of commodity trading is not a question of if, but of when.
It was born to allow anyone, regardless of the size of their company, to buy directly from producers, wherever they are, paying the real value of the goods, thanks to a transparent and digital market.
Our mission is to allow anyone to purchase the raw materials they need for their business, with a simple click. It is inevitable, we saw it happen in the late 1990s with the disruption of retail at the hands of those who are now e-commerce giants.
It will happen again, for B2B purchases. It is already happening. BLK is its driving force.
Marketplace
The platform that allows anyone to buy securely, in a few simple clicks. It allows you to find local and global suppliers, compare prices, specifications, delivery terms. And to buy as today we are all used to doing, online, from the comfort of home.
Thanks to the automatic invoicing and order generation as well as integrated accounting, today BLK saves 1000s man hours per year in administration tasks.
Micro and small businesses, the target market of our marketplace, have halved their procurement costs (on average a reduction from 40% to 60%).
Blkcommodities.com is the home of over $1B worth of trade, and active across 7 main categories.
- Agricultural
- Chemicals
- Energy
- Construction
- Main Bulks
- Industrial
- Metals
Our Marketplace division has been growing on a quarterly rate of 270%+ and, to date, suppliers on our marketplace trade $332M-worth of chemical commodities; $242M of metal products (including grade A steel, stainless steel and high-strength alloys); $238M of Agriculturalgoods and $219M of energy products. Find out more about our marketplace’s key indicators here.
Supply Chain
At BLK we put at your disposal our expertise in supply chain management, international negotiations and project management to make our partners’ operations leaner, more effective and more profitable.
We pool the volume of multiple businesses with that of buyers across the UK and Italy, using the aggregated purchasing power to negotiate better deals with suppliers globally.
We scout, vet and negotiate directly with manufacturers on behalf of our partners, organizing logistics and providing a complete supply chain management solution to keep fixed costs as lean as possible, whilst reducing variable costs.
In this case, we address corporate and medium-sized enterprises, helping them to streamline their procurement processes, automate order generation, invoicing and reporting, with the aim of increasing their competitiveness on foreign markets.
Decarbonizaiton
We help our partners reduce their environmental impact by purchasing from local suppliers or by aggregating volume with that of other companies. In addition, we organize logistics in the most environmentally friendly way possible, reducing the overall emissions of our customers’ supply chain.
Companies that rely on us can also earn from this emission cut: their lower environmental impact is rewarded with Carbon Credits, which can be exchanged on the European Environmental Exchange.
With BLK, going green means generating a whole new revenue stream!
Rating
BLK developed a proprietary (patent pending) rating system to assess the key metrics of our customers and suppliers.
Quality – Cost – Service Delivery are the foundations of our criteria.
We help companies understand their positioning in the market based on these three areas and support them in improving their positioning through a detailed guide that translates into operational and actionable advice.
In addition, our rating provides further confirmation of the standing of suppliers, allowing those who buy to base their decisions on relevant parameters and on the awareness of having available commercial partners previously evaluated with a thorough level of scrutiny which goes beyond the mere financial report.
Investor Relations
Headquartered in Glasgow, BLK has been selected as one of the UK’s top 30 tech start-ups.
After a seed round concluded in January 2021, we are supported by Italy’s #1 accelerator and one of Europe’s top venture builders: Enry’s Island. We have a 10-strong team distributed between the UK, Italy and the United Arab Emirates.
Team
Led by founders from shipping, commodity trading, project management and banking, the BLK team is structured in four units: Product, Market, Fundraising and Corporate, each in charge of specific tasks and well positioned to support BLK’s rapid growth.
Product: designers and developers
Market: one-to-one sales, one-to-many sales and digital PR
Fundraising: investor relations
Corporate: HR, legal, supply chain
Discover More
To learn more about how we could build a strategic partnership, both industrial and fundraising, contact:
Gabriele Dadò – Founder & CEO gabriele.dado@blk-global.com +44 7757630638