Jalan Sukses: TENDOR: BLOCKCHAIN-BASED SUPPLY CHAIN PLATFORM

Effective supply chain management enables enterprises to track the movement of the raw materials needed to create products, optimize inventory levels to reduce costs, and synchronize supply with customer demand. Furthermore, supply chain management enables enterprises to maintain visibility over their logistics to ensure availability of materials and delivery of products to customers. Effective supply chain management also helps enterprises avoid production stoppages by identifying areas in which they are reliant on a single supplier.

Supply chain management provides enterprises, especially manufacturers, with tremendous competitive and business advantages. However, supply chain management is fraught with challenges especially in today’s business landscape.

Major Issues in Supply Chain Management

Key Issue #1: Visiblity

There is no cross-cutting visibility, in which each subsequent counterparty in the chain of trade could see the whole picture. Now he sees only part of it. As a rule, it fits in certificates confirming compliance of the goods with certain requirements. And where the product was produced, on the balance of some organizations visited, and which organization has transported – all this and other information is missing. Its availability could significantly optimize the price and other important infrastructure systems of stakeholders;

Key Issue #2: Verification

No check of the product at each company. This problem is particularly felt when a shipping defect is detected, but the packaging requirements did not allow checking the goods for integrity during the transfer between contractors. Losses in this case are incurred by both the counterparty, after which the marriage was discovered, and consumers in the form of time spent on registration and waiting for the order;

Key Issue #3: Information

The lack of a common information standard for the transmission of operational information about the product along the supply chain. Today, this process resembles a "broken phone". You can always refer to what you did not hear or did not understand correctly;

Key Issue #4: Trust

Trust is the basis of a good relationship between partners in Supply Chains. In the absence of trust, both the cost price and the Time-to-Market are negatively influenced;

Key Issue #5: Tracking

There is no universal product-tracing method for customers/end users. Developing and maintaining such platforms cost time and money, making the companies reluctant to create them;

Key Issue #6: Trading

Thousands of counterfeit goods are listed every day, this being one of the major challenges e-commerce faces at present.

Overcoming Supply Chain Challenges with Tendor Platform

Tendor is a platform for accounting for the movement of goods from the manufacturer to the consumer. Tendor creates solutions that eliminates these problems by using Blockchain technology. The vision of the Tendor project is "to Become the world's leading company providing Blockchain technology in the supply chain, as well as trade security through Blockchain verification."

The Tendor ecosystem consists of two business units that together meet the needs of enterprises, end users and operational intermediaries between them. Although the two units work together, they are also Autonomous in relation to each other.

The first unit is the very Tendor platform to track and trade. This happens with the help of Blockchain technology according to the principles of BaaS and On-Premise. It allows you to buy and monitor the movement of products with a check on the Blockchain.

Second unit Tendor - business Blockchain-VerifiedTM. The main task of this division is the verification of products. Each product being monitored is equipped with an NFC tag that allows you to verify the authenticity of the product, quality, stability, certification, warranty and other important parameters. TDR tokens created for the Tendor platform are used to access certain features in the ecosystem.

TDR Token

The platform will be powered by cryptocurrency token named TDR token. TDR Tokens have utility function within the TENDOR Business and Track & Trade Ecosystems. TDR tokens will be derived from a standard Ethereum ERC20. It's means that DRVH can be held, sent and received by any ERC20-compatible wallet. The token total supply is - 100,000,000 TDR, with 85% of the total supply will be available for sale, equals 85.000.000 TDR. The token sale will start on August 15, 2018, and end on November 15, 2018. The tokens will be distributing in the following manner: 85% for sale, 11% reserve. 4% bounty program.

In addition, the company tokens will be vested for 5 years after the end of the token sale. After the vesting period, TENDOR will only use the tokens for strategic partnerships and will not sell them via exchanges. No tokens will be distributed to the team and advisors since this has an effect on the tokens’ market price and also reduces the buying power of token holders.