⦃param⦄ network platform is transforming global supply chain operations through multi-party collaboration and multi-modal visibility, enabling higher resilience and better transparency.
{explore}Global enterprises get a single visibility window to track multi-modal shipments for import or export orders. They dynamically assign shippers, freight forwarders, first and last-mile transporters and customs housing agents. All these stakeholders can securely share documents manually or through an integration with their systems. Such collaboration and timely updates reduce demurrage, detention fees and penalties due to delays.
Bring external participants such as freight forwarders, customs housing agents, and last-mile transporters on a single platform and avoid multiple email threads, phone calls and chats.
Each participant in the supply chain can create, upload, share and access 24x7 digitalised documents for verifications and approvals with digital signature capabilities.
Combine best-in-class technology with high-quality data for more effective decision-making by employing APIs, EDI, and RPA technologies to link your organisation with your supply chain partners.
Keep track of the multiple steps involved in the import-export shipping process by creating bespoke workflows with particular action items for each participant.
Drive end-to-end accountability and transparency with a digital audit trail of all documents and interactions on a single dashboard. Be quick to identify any hurdles and take action.
Ensure that all tasks, whether approvals, document submissions, or payments, are done on time. Receive notifications in case of delays in tasks by comparing actual and anticipated dates.
Actively forecast supply needs and get end-to-end visibility of your procurement process
Faster processing and fulfilment of customer orders and faster payment realization to improve the business enterprise’s cash flow and working capital levels.
Blockchain technologies are having a transformative impact on managing global supply chains.
It is estimated that the deployment of blockchain technology can bring down the total cost of shipping operations globally by $27 billion.
The administrative cost of handling a container shipment is comparable to the cost of the actual physical transport. Inconsistent information across organisational boundaries and “blind spots” throughout the supply chain hinder the efficient flow of goods.
Product offers a systematic way to establish interoperability between heterogeneous enterprises and build multi-enterprise workflow applications.