Stora Enso has introduced Box Inc, a digital B2B marketplace that aims to help companies source packaging easily online and enable suppliers to access new customers without having to create their own digital presence.
“Box Inc digitalises the traditional buying process by allowing buyers and sellers of packaging to complete the full sourcing journey online,” comments Mikael Fristedt Westre, Head of Box Inc. “As customers are increasingly expecting digital convenience, we offer a smart solution that reduces the time and effort needed to find the best offer.”
Box Inc has launched in Germany, the largest European market for corrugated packaging, with plans to expand to other markets in Europe.
According to Stora Enso, there are no fees associated with purchasing packaging on Box Inc, and payments are handled securely. Revenue is instead generated by charging a commission fee paid by the supplier based on actual orders. The platform is fully owned by Stora Enso but operates as its own legal entity and brand.
“With Box Inc, we are leveraging Stora Enso’s strong market presence and knowledge of the corrugated packaging industry. As a front runner in digitalisation in our industry, we see Box Inc as a great example of a platform business adding value to suppliers and customers alike,” says David Ekberg, Head and EVP of the Packaging Solutions division at Stora Enso.