The MetalNetworks.AI Blog

What is the JAQi Sales ROI Calculator? This calculator is a simple, user-friendly tool designed to help businesses see the tangible benefits of using JAQi’s AI-powered Product Search and sales automation. By providing a few key metrics, the calculator projects how much additional revenue and efficiency JAQi can bring by increasing productivity in your procurement … Read more

Growing an eCommerce business can sometimes feel like a balancing act. Let’s say you run an online business that specializes in eco-friendly home goods. You’re eager to expand your product offerings and attract more customers, but at the same time, you’re keeping a close eye on your expenses to make sure you’re not overspending. Sound … Read more

While sourcing and procurement workflows have certainly evolved over the years, many still fall short of the speed today’s competitive businesses need. In fact, only 4% of organizations report that their average sourcing and procurement cycle — from initial specifications to quote acceptance — takes less than a week. For most, this process stretches to … Read more

If you’ve been around the tech block lately, you’ve probably heard the terms “machine learning” vs “deep learning” tossed around. They might sound like interchangeable buzzwords, but trust us, they’re not Deep Learning vs Machine Learning Machine Learning: The Broad Concept Machine learning (ML) is like the grandparent of deep learning. It’s a broad field … Read more

Every business wants to find the right vendor to make smart purchasing decisions. Whether you’re on the hunt for a dependable product supplier or a service provider, mastering the art of writing an effective request for a quote (RFQ) is key. A well-crafted RFQ can help your company secure competitive quotes that perfectly align with … Read more

Quoting B2B products, especially when they’re complex and highly customized, has always been a manual, time-consuming process. It involves gathering customer requirements, tapping into internal expertise, and coordinating across departments to finalize a purchase quote. However, traditional B2B quoting is filled with inefficiencies. These delays prevent sales teams from focusing on what they do best—selling. … Read more

When everything goes smoothly, sending out a quote feels like a well-oiled machine: The sales rep gathers customer info and passes it to RevOps, who hands over pricing to finance. Then, the sales rep checks the terms of service legally. Finally, it all circles back to the sales team for sign-off. But with so many … Read more

Among the many pivotal decisions suppliers must make, one that stands out is the choice between harnessing the power of AI-driven matching and translation engines or sticking with traditional manual processes.

If you’ve been around the tech block lately, you’ve probably heard the terms “machine learning” vs “deep learning” tossed around. They might sound like interchangeable buzzwords, but trust us…

As industry suppliers and B2B e-commerce entrepreneurs, you’re constantly seeking ways to enhance efficiency, boost revenue, and trim unnecessary costs. The good news is that AI-driven search technology is…

As a supplier, you must have often faced an array of supply chain challenges that can make or break your success. From communication barriers to sourcing the right products, these hurdles can be daunting. However, the advent of Artificial Intelligence (AI) has brought forth innovative solutions such as AI Search, AI-powered language translation etc resolving … Read more

Where competition is fierce and clients often demand quick turnaround times, the ability to create faster and more accurate quotes is a formidable asset. The process of generating quotes extends far beyond mere numbers and figures; it’s a pivotal element in the sales cycle that can make or break a deal. Imagine, when a potential … Read more

In the fast-paced world of B2B e-commerce, staying ahead of the competition and maximizing efficiency are top priorities for industrial suppliers. One often-overlooked strategy that can make a substantial difference in streamlining operations and improving customer experience is effective product categorization. Whether you refer to it as product categorization, product classification in e-commerce, or simply … Read more

In the vast digital landscape of today’s business world, finding the right information quickly is paramount. Whether you’re an online retailer aiming to boost sales or a B2B software provider striving to deliver top-notch user experiences, the search functionality on your website can make or break your success. Enter AI-powered site search, a cutting-edge technology … Read more

In an age where technology seems to advance by leaps and bounds every day, industries across the board are finding innovative ways to streamline their operations and enhance efficiency. The material industry, an integral part of manufacturing and construction, is no exception. As material and industrial suppliers, you’re no doubt aware of the ever-evolving demands … Read more

Catalog management is a fundamental aspect of business operations, especially for companies involved in buying and selling industrial material products. At its core, catalog management refers to the process of organizing, maintaining, and optimizing a comprehensive collection of products or services in a structured and easily accessible manner. For businesses in the industrial material sector, … Read more

Product taxonomy is a vital organizational framework used in the business world, especially in the context of e-commerce. In simple terms, it refers to the systematic classification and categorization of products into logical groups based on their characteristics, attributes, and relationships. Think of product taxonomy as a well-organized filing system for your entire inventory. Just … Read more

Whether you’re a seasoned entrepreneur or just dipping your toes into the ecommerce waters, there’s no denying the game-changing impact of Artificial Intelligence (AI). Imagine having a digital assistant that can predict customer preferences, manage your inventory with precision, and even offer personalized recommendations—all with lightning speed and unwavering efficiency. It’s not science fiction; it’s … Read more

Today eCommerce personalization has become the new norm and the B2B industry is evolving at lightning speed. The game-changing technologies are making the process not only faster but also improving customer experience and procurement journey. Amidst these growing aspects, one thing remains constant: the quest to boost your e-commerce Return on Investment (ROI). If you’ve … Read more

In the world of material supply, ensuring a seamless and efficient procurement experience is paramount. As material suppliers, you are well aware that the success of your business relies on a robust procurement process that not only secures high-quality materials but also optimizes costs and timelines. The landscape of procurement has evolved significantly, and to … Read more

In the intricate web of global commerce, where demand and supply interlace to shape industries, the realm of metal suppliers stands as a vital cornerstone. However, the modern market landscape is no stranger to turbulence. Disruptions in supply chains, fluctuating demands, and unforeseen challenges have become all too familiar, casting a shadow of uncertainty. But … Read more

In the ever-evolving e-commerce landscape, we know how vital it is to ace product catalogue management and create top-notch customer experiences. When it comes to our extensive range of material products, the organisation is the name of the game. We need to present our offerings with precision and finesse to stand out in this competitive market. … Read more

In the dynamic world of material supply, staying ahead of the competition and meeting customer demands requires more than just offering quality products. Effectively managing and showcasing your products to the right audience plays a vital role in driving success and growth. This is where Product Information Management (PIM) steps in as a game-changer for … Read more

In the ever-evolving landscape of e-commerce, one of the most crucial aspects that determine success is the ability to provide a seamless and personalized procurement experience for customers. As industrial suppliers, catering to a diverse clientele with varied needs and preferences can be a challenging task. However, advancements in technology have opened up new possibilities to tackle … Read more

In today’s rapidly evolving business landscape, staying ahead of the competition requires more than just offering high-quality products. For industry suppliers, effectively Product Catalog Management is a critical aspect of driving sales and achieving business success.  However, the traditional manual approach to product management is no longer sufficient to meet the demands of modern consumers … Read more

Product taxonomy or “nomenclatures” refer to the system or structure of naming and categorizing products within a particular industry or organization. They are used to provide unique identifiers and descriptive names for products, which helps in organizing, classifying, and communicating information about the products effectively. The specific format and elements included in product nomenclatures can … Read more

Translating product taxonomy, or product categorization (i.e. nomenclatures), can bring several benefits for businesses operating in multiple regions or targeting diverse language-speaking markets. Here are some advantages of translating product taxonomy: It’s important to note that when translating product taxonomy, it’s not just about converting words from one language to another. Consideration should be given … Read more

Metal Networks.AI is pleased to announce it was selected as a finalist in 3 awards categories for the 2021 Fastmarkets Global Steel Excellence Awards by an independent judging panel: We invested the last few years consulting with hundreds of industry participants, gathering feedback and building a technology platform for the next generation of metal suppliers”, … Read more

It’s a tight supply market for industrial metal materials.  Suppliers are struggling to keep up with demand and are low on stock which is driving longer lead times.  Here’s a few coping tips using the Metal Networks.AI B2B marketplace platform:

There’s a lot of old ERP systems in the industrial manufacturing and distribution space that are living on borrowed time.  It’s a big decision and changing an ERP system has a wide ranging impact across the organization.  Even if you’ve replaced your ERP system in the last 5 years with a more modern architecture, there’s … Read more

Not so fast, new business models, tools and e-commerce capabilities are changing the distribution landscape at a breakneck speed. There’s much more to distribution than stocking such as customer service, relationships, culture, and technology. Let’s take a look at how traditional distribution models will evolve over the next 5-10 years, particularly in the industrial materials … Read more

Longtime Editor-in-Chief Dan Markham highlights the unique opportunity for Buyers & Sellers to leverage a marketplace platform offered by Metal Networks.AI in this exclusive interview. Not a “middleman” nor an intermediary, Metal Networks.AI solves a long outstanding & tedious problem in the industry with its unique business model.

There’s been a strong trend towards industrial B2B marketplaces for one simple reason – stock-outs can cost distributors more than just a potential missed sale. Consider the following: As you can see, stock-out situations cost a lot more than a potential sale. Consider sales/procurement administration costs for processing buyouts, lack of data or insights into … Read more

Metal Networks.AI spoke to dozens of top CEO’s in the industrial metals distribution industry over the past year to uncover what keeps them up at night around technology. Here’s the top concerns: While Metal Networks.AI doesn’t have all the answers, stay tuned for some interesting insights and ways to cost effectively deal with all 4 … Read more

D2D Market – An innovative distributor-to-distributor marketplace will enable metals suppliers to raise their game Read the full article here: https://www.modernmetals.com/item/15977-d2d-market.html

Metal Networks.AI e-Commerce Search Engine Becomes Smarter + Faster Metal Networks.AI today announced the Release 2.0 of its AI-powered JAQI® search engine. According to the company, its patent-pending technology makes it faster and easier than ever before to find unfinished and semi-finished metal products in electronic catalogues or inventory databases. The latest release includes enhancements … Read more

Metal Networks.AI welcomes Dr. Andrea Lodi to the Advisory Team May 1 st 2020 – Metal Networks.AI is pleased to announce the addition of Dr.Andrea Lodi to its growing advisory team serving as Chief Data Scientist. Dr. Lodi is a leading professor and researcher in developing new data models &  algorithms for real-time decision-making for … Read more