Data Silos between organizations are the root of Supply Chain challenges

Supply Chain Delays, Lack of operations visibility, Inventory over/under stocks, Billing Disputes are all symptoms of a more fundamental problem: Data Silos.

Each organization today maintains its own records and exchanges information with Supply Chain partners to coordinate, synchronize, and reconcile transactions. Transactions that are not in agreement require time consuming research, revision, reconciliation, negotiation and hopefully settlement.

Introducing marketsN: the Data Silo Killer

marketsN is a secure B2B platform built on Blockchain. It enables you to form private groups with your banks, suppliers, contract manufacturers etc.

Improve OTIF performance with real time visibility of orders.
Share verifiable product quality & provenance data.
Optimize inventory levels with deep-tier visibility.
Automate reconciliation & SLA enforcement with Smart Contracts.
Incentivize data sharing with provable privacy & consent compliance.

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Painful manual contract
enforcement

Information about performance is often distributed across organizations making enforcement difficult.

Incentives offered to partners & suppliers are managed in an ad-hoc fashion.

Asset misappropriation, fraudulent billing, occurs in 89% of cases.

Trusted and automated contract enforcement

marketsN supports a wide variety of B2B contracts encoded as smart contracts on Blockchain.

Bonuses & penalties can be enforced without human intervention and transparently among all stakeholders.

Financing requires cumbersome compliance

Banks & NBFCs require extensive checks to authenticate collaterals like invoices, orders etc.

CFOs must track budget spending with frequent, time consuming audit reports.

58% of trade finance requests by SMEs are rejected leading to $1.5T in unmet demand for trade financing.

Embedded low risk finance and lowered cost of capital

marketsN enables trusted sharing of authenticated collaterals with Banks, reducing risk and cost of capital.

CFOs can monitor budgets in real time. Embedded rules can be auto-enforced.

Siloed data

Traditional ERPs were designed for managing operations WITHIN an organization.

Lack of network wide visibility reduces response times to market forces.

Overstocks and out-of-stocks cost $1.1 trillion globally in lost revenue.

End-to-end visibility

marketsN creates the complete picture of your entire network including distributed inventory & demand.

It enables you to plan faster and more effectively with trustable network level information.

Issues with Replication and verification - Reconciliation costly

Each stakeholder manages his own “copy” of purchase orders, invoices etc.

These copies get out-of-sync requiring manual reconciliation, settlement becomes harder.

Counterfeit goods trade is estimated to be $1.9 Trillion anually.

Trustable provenance + tracking - Instant, anytime audit

marketsN tracks provenance of each product, its components & its transport conditions - with auditable proofs.

With smart contract based workflows, supply chain heads can identify bottlenecks and delays in real time.

ERPs aren’t enough

Painful manual contract enforcement

marketsN enables end-to-end transparency

Trusted and automated contract enforcement

ERPs aren’t enough