Review Planport Project
OverView: PlanPort is blockchain-driven project that aims to transform the supply chain, particularly the procurement industry. The crucial nature of this sector is the reason behind the formation of PlanPort. Planport is building open source solutions for the supply chain 2.0, initially procurement and sourcing solutions. Procurement is one of the core supply chain management functions and vital part of small to large companies, as they can spend over 75% of their revenue on it, therefore success and opportunities for all companies depend on it. It involves sourcing for suitable suppliers and buying goods and services that these businesses and organisation operate on. Problems & Solution of Planport Presently, businesses are subjected to a long and tedious procurement process, usually marred by many intermediaries. Moreover, it is imperative to undergo these procedures, lest they disrupt the supply chain, incur losses, suffer reputation damage, and so on...