The existing supply chain management system is typically suited to private companies which implies that they have low versatility and transferability. Conversely, beginner logistics or dispersion companies probably won't have the financial wherewithal to assemble their personal supply chain management systems. This is a problem that hampers the development of supply chain management systems.
The current supply chain management system is flawed with such a significant number of irregularities that makes it hard to respond adequately to modern-day demands. For instance, what the consumers expects as regards the efficiency of items dissemination management is high. In any case, then, a large portion of the existing supply chain management systems does not have the infrastructure, all things considered, there is absence of unified system that interfaces the producers to the last consumers.
Once more, retailers who need personal warehouses more often than not give their items to warehouses to safekeep inventories. In any case, then what these neighborhood warehouses offer is simply fundamental inventory management and delivery mechanisms. In that capacity, it is difficult for fog retailers to elicit positive feedbacks on items from users likewise with enormous companies.
In the absence of a platform to connect all actors in a complex supply chain procedures, the data open to consumers is rather limited. This sets up a terrible cycle where the unevenness nature of data develops as the level of customer trust in retail items declines.
Arrangement offered by TEMCO
TEMCO Project seeks to develop a mechanism that is capable of resolving the challenges of the current supply chain management system by utilizing Smart Contract on the public blockchain network. The point is to enable all users to be able to access the a la mode data over the whole supply chain procedures from creation to appropriation stage lastly to the retail focuses.
By utilizing TEMCO platform, users can select items that has underwent dependable supply chain management models. Correspondingly, enterprises can leverage on this to improve their effectiveness by narrowing supply chain procedures and framework using TEMCO network. They may likewise improve benefit by enhancing item sales system using supply chain details available in the blockchain.
Moreover, the expense of expediting such office for Small and Medium-Scale Enterprises (SMEs) can be generously reduced using TEMCO Platform. Before now, the expense of building supply chain management infrastructure for SMEs keeps running into a huge number of US dollars.
With the TEMCO platform, however, every user is linked in a single platform that presents enormous information examination while eliminating the need for a huge capital commitment or extra charges for membership as the sole expense for implementation of Smart Contracts on the network.
TEMCO helps in sustaining the item safety system and this is quite beneficial. In the current supply chain management system, detecting the main driver of value based cases is challenging. However, with the advent of TEMCO Platform, the history of dispersion can be tracked to the single order and this can help with detecting the gathering to blame in the event of a dispute.
TEMCO Tokens
The ticker for TEMCO tokens is TEMCO and it is an Ethereum-based ERC20 standard type token which is used for accessing every component of the TEMCO Platform. Likewise, the TEMCO token is used to reward users that contribute to the development of the TEMCO platform. It is an utility token that accepts Bitcoin and Ethereum currencies.
The TEMCO platform seeks to improve the supply chain management system by presenting a checking measures and this improves customers' trust in retail items because of balanced data open to them. TEMCO іѕ thе аntіdоtе tо thе problems thаt рlаguе the trаdіtіоnаl ѕuррlу сhаіn mаnаgеmеnt system аnd the аll members of thе economy can bеnеfіt grеаtlу from іtѕ investigation аnd ѕесurіtу tооlѕ.
Visit the links below for more information:
Website : https://www.temco.io/
Whitepaper : https://www.temco.io/templates/temco_whitepaper_en.pdf
Facebook : https://www.facebook.com/TEMCOLABS/
Twitter : https://twitter.com/temcolabs
Telegram : https://web.telegram.org/#/im?p=@temcolabs
Medium : https://medium.com/temcolabs
Reddit : https://www.reddit.com/r/temcolabs/
Authored by Lelvin: Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1275173
Eth Address: 0x2eddf2a4f0fb0665856852e0580a947716b9d268
