Spotchemi – Vision and Barriers

20 March 2015

Dear supporters, critics and observers, every once in a while, it is good to take a look and evaluate the direction you are heading, which is what we, your Spotchemi team, are currently doing.

When the company was founded, which is not so long ago, it was founded on a vision combining information technology with traditional forms of trading.

With this in mind, our portal is trying to open up the possibilities of trading chemical products. From the heights of sophisticated professional groups to the wider public, to top purchasing managers of multinationals to a single employee start up company; anyone, in fact who has access to the internet.

Like every material in every industry, chemical raw materials have their different specifications, defined by how materials are processed and graded, or ranked by a range of different risks and limitations. All of which complicates the procurement of even the simplest of products.

If our portal attempted to contain every product with every specification, it would soon become so complex that no one would be able to use it.

For these reasons, our philosophy became to use the portal to match potential business partners by products that they had requested to buy or sell. Thus our catalogue contains only products that are asked for, but at the same time, any product that you ask for. This enables buyers and sellers to outline their specifications to the smallest detail, helping users to smoothly arrive at a binding order.

To simplify the process further still, we do not act as a middle man, but only as a matchmaker, so we do not charge a percentage fee for transactions.

Instead, we offer you credit to use on the portal, and apply a fee for restoring used credit, with the amount of credit available being established by renowned independent ratings agencies. This way, you can be sure that the company that you are trading with has passed through the same strict controls of creditworthiness and good business history that you have.

The fee also pays for the costs of matching any one of 138,000 companies from our database, with you and the product of your choice.

This is a challenge, given the needs of a dynamically growing market, but one that must be faced if we are to avoid repeating age-old practices of commerce in a modern world. By succumbing to the pressures of the information technology, we can all benefit from better trading conditions. To stay with out-dated methods means losing competitive edge, and losing business.

It is for this reason that we know you will take a closer look at what our service offers, and for this reason that we can say, ‘We look forward to helping you.’

Your Spotchemi team.