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Development of Scalable Global B2B Marketplace with Integrated Trade Compliance

brights.io

eCommerce

Business services

Logistics

Supply Chain Management

Challenges in facilitating international trade for SMEs

Small and medium-sized businesses face significant hurdles when expanding into international markets, including navigating complex logistics, customs regulations, finding suitable partners and markets, and managing international transactions. The lack of a unified platform with FTA-specific functionalities creates inefficiencies and limits growth potential.

About the Client

A technology company specializing in creating online marketplaces tailored for international trade, focusing on small and medium-sized manufacturers and importers.

Primary Goals for Marketplace Development

Develop a fully functional B2B marketplace compliant with Free Trade Area (FTA) regulations.
Enable seamless international order processing, including contract management, payment processing, and logistics coordination.
Provide comprehensive market analytics and insights to facilitate informed business decisions.
Facilitate the creation of a global network of manufacturers and importers.
Offer a scalable and adaptable platform to accommodate future growth and evolving business needs.

Core Marketplace Functionalities

User registration and authentication (buyers & sellers)
Company profile management with verification process
Product catalog creation, management, and automatic product unloading
Advanced search and filtering capabilities (by product, industry, country, FTA)
Secure online ordering and payment processing
Integrated logistics management (shipping, customs, freight)
Contract management system
Business communication tools (messaging)
Dashboard with key performance indicators (KPIs) and market analysis
Admin panel for marketplace management

Technology Stack

Scalable cloud infrastructure (AWS, Azure, or Google Cloud)

Robust backend framework (Node.js, Python/Django, or Ruby on Rails)

Modern frontend framework (React, Angular, or Vue.js)

Database (PostgreSQL or MySQL)

API integrations (payment gateways, logistics providers, customs services)

External System Integrations

Payment gateways (Stripe, PayPal, etc.)
Logistics providers (DHL, FedEx, UPS, etc.)
Customs service APIs
Accounting software (QuickBooks, Xero)

Non-Functional Requirements

High scalability to accommodate growing user base and transaction volume
Robust security measures to protect user data and financial transactions
High availability and reliability (99.9% uptime)
Responsive design for optimal viewing on all devices
Performance optimization for fast loading times

Expected Business Outcomes

This project is expected to significantly increase Tradalaxy's market penetration, attract a larger number of manufacturers and importers, streamline international trade processes for SMEs, and establish Tradalaxy as the leading platform for FTA-compliant global commerce. The solution will reduce friction in international trade, fostering growth for businesses and boosting the overall economy within the targeted FTA.