Planport

Our Analysis

Team: 6.2

Feasibility: 6.5

Product: 6.5

Overall Rating: 6.4

Short Description: Procurement is one of the core sectors within the supply chain industry.

Category: Infrastructure

Category: Tokens Cryptocurrency

Website: https://www.planport.io

Whitepaper: https://drive.google.com/open?id=1WgYl2f2Ch7VuAHUDPiQUkbhdnNnFkfkv

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Procurement involves buying of goods and services that enable organisations to carry out their normal day-to-day activities. As a procurement person, you may be responsible for sourcing raw materials from suppliers globally and bringing them into your organisation. Procurement teams need work with C-level, Finance, engineering team as well as external suppliers for the overall success of the procurement process and they need tools to make sure they get their jobs done well. A company can spend more than 75% of its revenue on purchasing goods and services and not get any value from it. Therefore, procurement plays a very big part in the company’s life cycle and as such is a complex process. Procurement heads and teams need to navigate through keenly to avoid any costly lapse in the whole process.From small companies to big corporations the options are very limited and most of them are the choice between legacy Systems with inefficient and closed networks that are costly, risky and time-consuming. At Planport we want to eliminate all these processes to one seamless network that has seamless and targeted solutions for businesses and Individuals across the globe.

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