SyncFab unites suppliers and manufacturers

Each product / product has a certain production process, consisting of a chain of intermediate components. And, if the whole process of manufacturing the end product is not fixed in one production, there is always a need to attract third-party suppliers of goods / services.

The search for and involvement of such suppliers is associated with certain difficulties, a waste of time and a rise in the cost of the final product.

Knowing about such problems, the SyncFab project team has developed a public, peer-to-peer (P2P) ecosystem that opens the way to a decentralized supply chain management environment. Interacting on the SyncFab platform, suppliers and manufacturers restore control over the success, quality and delivery of their products. Payment for services and goods on the platform will be made using the local currency - the MFG token.

Advantages of SyncFab

1. The SyncFab platform helps suppliers find manufacturers and vice versa: manufacturers find the necessary suppliers, shortening the search time, without the services of intermediaries. The "all-in-one" platform SyncFab processes requests from manufacturers and suppliers and offers each option the most suitable under the search conditions.

2. Between the supplier and the manufacturer that have found each other, there will be a smart contract, according to which a certain amount of money will be blocked until the terms of the contract are met.

3. The SyncFab mapping function allows you to use a local source that reduces the minimum values, especially when purchased through trusted channels. Aggregate Demand and creating economies of scale, SyncFab's access to production opportunities creates access to markets in such a way that medium-sized businesses meet the requirements of the supply chain.

4. With SyncFab products, buyers and manufacturers can manage cross-functionality and deepen into the end-to-end supply chain, allowing better decision making in real time to optimize their procurement and delivery processes.

5. Automatic Updates SyncFab information on the progress of production and tracking will replace the need for constant telephone calls or update the status of the request between buyers and manufacturers.

6. Updates of the interface and software updates SyncFab in real time, the benefits that reduce the financial burden of maintaining locally hosted software. Buyers and sellers can exchange files, improve communication, optimize purchases and manage supplies, helping them to perfect the creation of quality products.
   

For secured transactions, the SyncFab platform stores intellectual property, forms, and documents on Amazon Web Services (AWS) servers, supported by the highest security protocols, such as SSO, firewall, and DDoS protection. All RFQ, IP and transactional history are readily available in real time to help users compare prices or past requirements to speed up the procurement process.

Interaction on the SyncFab platform and expansion of local ecosystems strengthens trust between stakeholders in the supply chain based on general knowledge about performance monitoring.

For the development of the platform, the SyncFab team sells MFG tokens. Total issued 1 billion tokens, of which 300 million are offered to investors.

As payment will be accepted ETH, tokens are sold at a price of 1 ETH = 5000 MFG.
The minimum target is 500 ETH.
Soft cap: 15K ETH.
Hard cap: 33K ETH.

From January 1 to February 15 during the pre-sale, tokens are sold with a bonus of 25%. Since February 15, the main sale of tokens will begin, and there will be no bonus.

The SyncFab project is very promising, therefore I propose to get acquainted with its specifics, the team, terms of sale of tokens on the official sites of the project:
Web sait: https://blockchain.syncfab.com/
White Paper: https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf
ANN: https://bitcointalk.org/index.php?topic=2286102.0
Twitter: http://www.twitter.com/syncfab
Facebook: https://www.facebook.com/syncfab/
Telegram: https://t.me/syncfab

Author: happy weblancer https://bitcointalk.org/index.php?action=profile;u=1057545