Global Trade Plaza Launches New AI Sourcing Suite to Accelerate Procurement for SMEs Worldwide

New Delhi, India – In a bold move to digitize global procurement for small and medium enterprises (SMEs), Global Trade Plaza today announced the official launch of its AI Sourcing Suite—a fully integrated set of artificial intelligence tools designed to automate supplier discovery, quote generation, and order tracking.

The launch marks a major milestone for the India-based B2B marketplace, which has now surpassed 100,000 verified business users and processed over 500,000 global transactions in the last 12 months alone. Built specifically for SMEs engaged in cross-border trade, the new suite offers an end-to-end digital procurement experience without the complexity of traditional ERP systems.

“This launch isn’t just a platform upgrade—it’s a turning point for digital procurement in emerging markets,” said Pulkit Dwivedi, spokesperson for Global Trade Plaza. “By bringing AI directly into sourcing and negotiation, we’re helping businesses save time, reduce costs, and source globally with confidence.”

What’s Included in the AI Sourcing Suite

The newly released AI suite is available to all registered Global Trade Plaza users and includes:

• Smart Supplier Matching: AI-powered tools that connect buyers with pre-verified suppliers based on product specifications, price history, and shipping region.
• Auto-RFQ Generator: Enables instant creation of professional Request-for-Quote documents using smart templates.
• Live Procurement Dashboard: Buyers can track quote responses, vendor performance, and order status in real time.
• Multilingual Interface: Allows users from diverse regions to interact in their preferred language for seamless international communication.

The company confirmed that the AI tools have been rolled out across all platform categories, including industrial equipment, consumer goods, chemicals, and agriculture.

Milestone Growth and Global Expansion

The launch of the AI Sourcing Suite follows a period of rapid expansion for Global Trade Plaza. In Q2 2025, the company:

• Onboarded over 10,000 new SMEs from Southeast Asia, the Middle East, and Africa
• Expanded its supplier verification program across eight additional countries
• Increased platform retention by 37% through improved sourcing efficiency

These gains are fueling the company’s ambition to become the leading digital procurement ecosystem for the underserved SME sector in global trade.

“We’ve reached the phase where scale meets intelligence,” said Dwivedi. “Procurement is no longer a back-office task. It’s a strategic growth lever—and our tools reflect that reality.”

Commitment to Verified Trade and Digital Efficiency

Unlike traditional directories, Global Trade Plaza’s model focuses on verified trade interactions, prioritizing buyer confidence and data accuracy. Each supplier undergoes multi-layer screening, and all quote activity is timestamped, reducing the risks of fraud and sourcing delays.

The platform’s no-commission model ensures that suppliers retain full pricing control while benefitting from enhanced exposure to qualified international buyers.

Looking Ahead: A Focus on Automation and Expansion

Global Trade Plaza confirmed that it will introduce additional AI capabilities later in 2025, including:

• Automated deal closure suggestions
• Inventory forecasting tools for buyers
• Visual product match search using AI image recognition

As SMEs increasingly look for procurement platforms that combine speed, trust, and data-driven tools, Global Trade Plaza positions itself as the go-to partner for efficient, cross-border sourcing.

About Global Trade Plaza

Global Trade Plaza is one of India’s fastest-growing B2B marketplaces, designed to connect verified suppliers and global buyers across a wide range of industries. With a strong focus on AI-driven sourcing, real-time procurement tools, and global market access, the platform is empowering small and mid-sized enterprises to grow without borders.

Website: https://www.globaltradeplaza.com

Media Contact

Organization: Globe Trad Plaza

Contact Person: Pulkit Dwivedi

Website: https://www.globaltradeplaza.com/

Email: Send Email

Country:India

Release id:31377

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