PlanPort

PlanPort | Ecency

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Background

Basically the procurement of goods and services can not be separated from the basic concept of business, which involves many parties are interconnected both in terms of groove producer-supplier-consumer. Not only that, in the field of strategy
and the management of procurement of goods and services is also based on the concept management commonly applied in business.

The business process covers everything which are interconnected and related to the procurement process services that initially started from ihtisiar from entrepreneurs to fulfill consumer demand, which then begins with the production process, followed with the process of introducing the goods to the consumer that will usually begin by establishing brand awareness.

Procurement is one of the core sectors of the supply chain industry. This involves purchasing goods and services that allow organizations to perform their day-to-day operations. A person involved in procurement may be responsible for purchasing raw materials from suppliers globally and bringing them into an organization by working with external C, finance and engineering executives and external suppliers. While procurement is an important aspect of operations, the process has critical issues that are costly for all businesses from small companies to large companies.

The Problem

Manual process

Due to the limited tools available, the supply chain industry is largely dependent on the manual process.
To search for any product and to move it from its original point to the place where the business intends to use it, the procurement department must go through a gruesome process with many disjointed legacy systems

Closed and centralized access

Legacy systems
In most cases, businesses are forced to contract experts for their different needs. These personnel do not come cheap and cost millions of dollars. Companies are geographically limited. These companies can not offer consulting services for businesses that are not within their geographical reach. The result is that individuals or firms that require multiple services in the procurement industry are forced to contract more than one company for their different branches.

Supplier Management

Complex and inefficient supplier on-boarding
From verification and responding to requests and payment processes, the current B2B relationship is costly, and the problem starts with the disorganised and inefficient procurement and sourcing system. The high remittance fees combined with sophisticated and unfair payment terms is making the current process painful.

Contractual Nightmares

60% of corporate litigations are caused by contrcat dispute
Due to the varying jurisdictions and regulatory rules that businesses and their partners operate in, contracting a great sourcing partner in the present systems is mired with a lot of manual labour, terrible verification systems, and inefficient enforcement tools.

Inefficient B2B Remittance

51% of B2B remittance is done via Cheques.
In regards to the consumers, payments are made at the point of sale, while in the B2B world, business payments mostly take place weeks or months after goods and services have been delivered.This creates a problematic vacuum between the funds being sent and the description of the payment, which in turn translates to errors in the cash-flow.

Trade Finance Problems

Costly,inefficient and error prone trade finance process
One of the problems that suppliers face today is dealing with fees as high as 20% on their receivables due to third-party organisations, at the same time, there is also a problem of duplication of invoices and fraud within the $3 trillion worth industry of Invoice factoring.

The Solution

The supply chain process has many stages which require concerned parties to use a collaborative approach throughout its lifecycle.

Planport simplifies this process by unifying the entire procurement process end-to-end with the power of the blockchain technology.
Planport- is a decentralized supply chain protocol that brings enterprises, suppliers, consulting firms, trade finance investors, banks, invoice issuers and developers in one managed ecosystem. Moreover, Planport intends to create a seamless interaction right from on-boarding, monitoring, issuing and expenditure management, payment processes and performance analysis, among others.

#. Planport RFx
Is a purchasing product for buyers and sellers.
#. Planport Auctions
Is a product to conduct reverse auctions with multiple suppliers.
#. Planport Payment Systems
Is a payment system authorized by THE port token for business payments.
#. Planport Contracts
Is a complete contract product for the creation, storage and opening of contracts.
#. Planport Experts Networks
Is a network of supply chain experts for enterprises."
#. Plnaport Invoice Marketplace
Is a trade Finance network for suppliers.

About ICO

Token: PORT
Platform: Ethereum
Standard: ERC20
Quantity: 500,000,000 PORT
Price: 1 PORT = 0,20 USD
Payment:
ETH

Soft cap: 20,000,000 USD
Hard cap: 49,400,000 USD
PreICO

Quantity: 70,000,000 PORT
Beginning: 11.07.2018
Completion: 10.08.2018
Bonus:
PORT 1 = 0.17 USD

ICO

Quantity: 150,000,000 PORT
Beginning: 11.08.2018
Completion: 30.09.2018

Partnership

Planport- the only decentralised supply chain network that brings enterprises, suppliers, consulting firms, trade finance investors, banks, invoice issuers and developers in one managed ecosystem is excited to announce a new partnership with the Salesforce app Exchange Partner Program.Salesforce appExchange is a world’s leading business app ecosystem with millions of installs and thousands of customer reviews.