Bearing X relies on a large number of users from Europe's leading rolling bearing dealers: More than 50 users from purchasing, sales and IT regularly contribute to the further development of the Bearing X direct purchasing platform. This is the only way to create smart roller bearing dealers. Whether it's function, design or ideas for the further development of our "Easy Connect Service". We implement the ideas that bring the most practical benefits.
This has already resulted in numerous innovations: From the bid button for real-time auctions, to the instant message for successful trading, to the midnight reset for daily updated stocks.
BEARING X is a network initiative between EARLY BRANDS as project initiator and coordinator, PONTON GmbH as developer of the technological infrastructure for digital direct trade and a growing community of leading European bearing distributors.
We are pioneers with a passion to create a community for the future of bearing trading: fast, easy and direct between traders.
The start
At EARLY BRANDS Innovation & Technology Consultants, we are experienced in advancing innovative technologies in different markets. For BEARING X, we were inspired by the direct and binding trading via the so-called peer-to-peer system of "electricity and gas" in the energy sector: trading in a fast, decentralised way - where trading data only flows between traders. The type of trading and the technology behind it offer great potential for adapting it to other B2B markets. The roller bearing market is predestined for this: High article diversity, lots of potential to create added value for buyers and sellers.
From design sprint to technical proof of concept
In design sprints BEARING X were worked out with the first roller bearing traders what the requirements are for fast, digital direct trading. In 2019, the first roller bearing was traded decentrally - a QJ 216-XL-MPA FAG . Milestone.
With our BEARING X users as lead users, requirements were determined and developed as functions of the marketplace and successfully implemented.
The Bearing X Lead User Program Europe
More than 50 users from Europe's roller bearing companies get involved with our lead user program - despite pandemics, volatile markets and multi-crises: Functions, user interface and the BEARING X trading system are realized to meet the users' everyday needs: a second milestone: more than 50,000 items can be uploaded per trader within a short time, trading takes place in seconds. Best ideas are awarded and Europe's most creative users now wear BEARING X sneakers.
Market launch and recommendation
More and more bearing distributors from Europe are invited to test and experience BEARING X. In case of a good experience we would like to motivate you to share BEARING X with your bearing trade partners. In case of bad experiences of course we would like to receive feedback, so that in the future only good experiences will occur.