The supply chain industry is currently a $ 64 trillion market that employs millions of people worldwide. Planport is building protocols for the supply chain industry and our initial products focus on procurement and its components. Procurement is one of the core sectors of the supply chain industry. This involves purchasing goods and services that allow the organization to carry out their daily operations. A person involved in procurement may be responsible for purchasing raw materials from suppliers globally and bringing them into an organization in collaboration with C executives, external finance and engineering and external suppliers. While procurement is an important aspect of operations, the process has important issues that are expensive for all businesses from small companies to large companies.
Constraints include legacy systems with cheap, risky and low-cost, expensive networks, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its income on outsourced goods and services, but many are still under investment. The Planport Platform, which is supported by the PORT token, aims to solve this problem by integrating procurement processes from end to end and empowering companies and suppliers to use a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auction, payment and contract management. At the end of supplier and buyer interaction, our invoice market allows suppliers to push invoices to global investor networks where they can access several funders.
The market is built on Blockchain's distributed technology that allows participants to have a safe and efficient way to resolve trade financial assets in the $ 3 trillion factoring industry. Planport, as part of the Planport Platform, has built and is building the following products: Planport RFX - procurement products for buyers and sellers. Planport Supplier Managers - products for companies to communicate with and assess suppliers. Planport Auctions - a product to do reverse auctions with many suppliers. Planport Payment System - a payment system empowered by Token PORT for business-to-business payments. Contract Planport - a full contract management product for the manufacture, storage and discovery of contracts. Planport Experts Networks - a network of supply chain expert requests for companies. Planport Invoice Marketplace - trade finance network for suppliers. Planport will revolutionize the supply chain industry by building platforms that streamline processes and build trust, mutual benefit and user-centering as part of Web 3.0 using Blockchain technology.
Constraints include legacy systems with cheap, risky and low-cost, expensive networks, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its income on outsourced goods and services, but many are still under investment. The Planport Platform, which is supported by the PORT token, aims to solve this problem by integrating procurement processes from end to end and empowering companies and suppliers to use a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auction, payment and contract management. At the end of supplier and buyer interaction, our invoice market allows suppliers to push invoices to global investor networks where they can access several funders.
The market is built on Blockchain's distributed technology that allows participants to have a safe and efficient way to resolve trade financial assets in the $ 3 trillion factoring industry. Planport, as part of the Planport Platform, has built and is building the following products: Planport RFX - procurement products for buyers and sellers. Planport Supplier Managers - products for companies to communicate with and assess suppliers. Planport Auctions - a product to do reverse auctions with many suppliers. Planport Payment System - a payment system empowered by Token PORT for business-to-business payments. Contract Planport - a full contract management product for the manufacture, storage and discovery of contracts. Planport Experts Networks - a network of supply chain expert requests for companies. Planport Invoice Marketplace - trade finance network for suppliers. Planport will revolutionize the supply chain industry by building platforms that streamline processes and build trust, mutual benefit and user-centering as part of Web 3.0 using Blockchain technology.
Supply Chain Challenges]
Because of the limited equipment available, the supply chain industry is highly dependent on manual processes
The source for any business with current system sourcing status is not just a logistical nightmare. The whole process is also equipped with technological challenges that can quickly drive business owners who are truly crazy. To search for any product and move it from its origin to the place where the business intends to use it, the procurement department must go through a terrible process with many disjointed legacy systems. And this explains why most procurement heads use spreadsheets, e-mails, and other boring manual processes.
Dear readers, this is only a summary of the goals, benefits, and opportunities that can be found from this amazing innovative project. I'm sure you want to know more, please visit one of the following links:
WHITEPAPER: https://www.planport.io/Whitepaper.pdf
WEBSITE: https://www.planport.io/
TELEGRAM: https: / / t.me/planportofficial
TWITTER: https://twitter.com/planport
REDDIT : https://www.reddit.com/r/Planport/
MEDIUM: https://medium.com/planport
FACEBOOK: https: // www.facebook.com/Planport-285622935331805/
ANNOUNCEMENT: https: // bitcointalk. org / index.php? topic = 4625884.msg41784034 # msg41784034
WEBSITE: https://www.planport.io/
TELEGRAM: https: / / t.me/planportofficial
TWITTER: https://twitter.com/planport
REDDIT : https://www.reddit.com/r/Planport/
MEDIUM: https://medium.com/planport
FACEBOOK: https: // www.facebook.com/Planport-285622935331805/
ANNOUNCEMENT: https: // bitcointalk. org / index.php? topic = 4625884.msg41784034 # msg41784034
Author by: familyforever
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