B2B supply chain digitization platform Inxeption has launched operations in Frankfurt, Germany, to enhance its service to customers in Europe and to complement its presence in Southeast Asia and India.
The company has also named a senior vice president of international business development in Europe: Sebastian Stahl. Before joining Inxeption, Stahl served as acting head of Germany at TVS SCS Global Forwarding Solutions, managing director of Conceptum Logistics GMBH AERO and CEO of Conceptum Sport Logistics, according to a Wednesday (Nov. 16) press release.
“With Inxeption’s initial expansion into Germany, we are focused on enabling our existing commerce partners to become more efficient in the [Europe, Middle East and Africa (EMEA)] region, while also helping European industrial manufacturers break into the U.S. market,” Inxeption Chief Commerce Officer Josh Allen said in the release.
Germany is a hub of European manufacturing, with 15 million workers involved in advanced manufacturing industries and with the country’s manufacturers expected to invest more than $10.5 billion each year into smart manufacturing technologies, beginning in 2025, according to the release.
Inxeption already works with German manufacturers in several verticals, helping them strengthen their digital supply chain and export their products to the U.S., per the release.
“Our move into Germany is a crucial first step toward creating a broader global presence; we are bringing Inxeption’s industrial commerce expertise and capabilities to new corners of the world to navigate unique, regional supply chain pain points for our commerce partners,” Allen said in the release.
Through its Industrial SuperApp and an online platform, Inxeption helps manufacturers and other businesses grow by boosting online sales, dealing with working capital and facilitating logistics and payments, Allen told PYMNTS in an interview posted in May.
By using data to be better informed, Allen said, companies can make better buying decisions and prepare the capacity they need to keep their products moving.
For all PYMNTS B2B and EMEA coverage, subscribe to the daily B2B and EMEA Newsletters.