Outsourced

Manufacturing

Visibility

Collaboration and visibility across multi-tier value chains on ⦃param⦄ network enables OEMs with the required control and confidence to balance the opportunities and risks of globalisation and outsourcing.

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Capabilities

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OEMs can share their production plans with contract manufacturers and outsourced vendors, who further update them on the status of sourcing, production and dispatch. Such levels of collaboration provide complete visibility into end-to-end manufacturing processes and track costs at all stages to improve operational efficiency and reduce quality risks or delivery delays.

Production Plan Updates

Share timely, accurate and uniform production plans among all stakeholders creating close synchronisation and enabling a smooth production process, thus increasing overall productivity.

Sharing Concurrent Data

Either side can respond quickly and systematically to fluctuations in demand, both in the event of an increase in demand as well as supply constraints due to material shortages.

End-to-end Traceability

Trace faulty batches and products from raw materials to sold goods for effective quality assurance and recalls. Locate items across multiple warehouses giving all teams access to live data.

Pending Dispatch Visibility

Minimise delivery & quality risks through visibility into your job workers’ operations. Production issues are quickly identified & promptly addressed by taking countermeasures.

Accurate Costing Made Easy

Track manufacturing costs based on your bill of materials (BOM) and production operations. Make precise pricing decisions based on your product margins.

Track OTIF and other KPIs

Param is a natural evolution of blockchain for commerce. Typical commerce transactions would involve multiple steps between two entities.

Product

Advanced Vendor Portal

Actively forecast supply needs and get end-to-end visibility of your procurement process

Product

Advanced Customer Portal

Faster processing and fulfilment of customer orders and faster payment realization to improve the business enterprise’s cash flow and working capital levels.

Platform

Our First Product

Blockchain technologies are having a transformative impact on managing global supply chains.

Customer

Success

Track availability of required materials for efficient sales order fulfilment. Identify delay risks related to material supply lead times. Get accurate expected completion dates to keep sales teams informed. Have a live floor-level production status overview.

15%
improvement

Production, scheduling and resource management in one place

Gain real-time visibility to optimize all your key resources across the multi-tier manufacturing value chain. Make accurate manufacturing and purchasing decisions with live data. Ensure optimal inventory levels at all times. Prioritize production based on raw material availability. Get task-level control for effective shop floor management. Automate manufacturing cost calculations based on your bill of materials and operations.

Welcome

Let’s talk

Product  offers  a  systematic  way to establish interoperability between heterogeneous enterprises and build multi-enterprise  workflow applications.

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