Enhance global strategic sourcing processes for imports using a blockchain-based platform that enables secure and transparent multi-party transactions, ensuring visibility and proactive action to prevent shortages and lost sales while maintaining provenance.
Organizations face challenges in the importation of commodities due to complex processes, regulatory issues, and manual information flow across multiple parties. This often leads to long lead times, higher inventory costs, and supply shortages, ultimately affecting revenue.
By addressing the pain points below, organizations can improve procurement and supply chain management in the importation of goods:
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