What a great solution to buy well!

2 Mins Read

Share

As a member of an organization in charge of purchasing goods and services, I have come across cases where the presentations, messages and documentation related to the items I was interested in contracting were not entirely true, and I say this in a politically correct way. Purchasing procedures are applied, questionnaires are launched in Excel or in purchasing platforms, but the answers have to be accepted, without any filter, no checking algorithm that guarantees the veracity of the answers. A purchasing department can compare the answers of potential suppliers, evaluate these comparisons and determine which is the best offer according to the offers made. How to check the veracity of the answers of the suppliers? All purchasing organizations would minimize risks if they could have a platform where they could directly address each of the responses made by suppliers. Links in the responses, or links on the potential suppliers’ own websites would lead to a platform where verified evidence could be found to turn supplier responses into objective certainties. At the end consumer level the scenario is similar, logically on a smaller scale. When I walk down the aisles of a clothing store and look for products that meet certain characteristics, products from a company that respects the environment, made from recycled products, manufactured in a country with which my government does not have disagreements on fundamental rights, how can I have immediate verification of each of these issues? The consumer can give another use to his or her cell phone. Each product can have a label, a QR code, which can be captured from the cell phone camera, from which you can immediately obtain verification of each of the characteristics associated with the product, where it is produced, how, from what ingredients, with what material and human resources, etc.

All this is possible today, and it is possible thanks to platforms such as swearit.io. This type of platform should be:

  • to have the guarantee that the information is secure. Today, blockchain-based platforms are required to ensure the security and veracity of information. Blockchain is fundamental when it comes to providing and validating each and every one of the claims that the manufacturer places on the market.
  • manage significant information, that which minimizes risks for buyers: o Catalogs and product life cycles. o Tools for sharing information, opinions… o Integration capacity with third parties (ERPs, PIMs, QMs…) Nowadays we all search the Internet based on words, tags…, but the time has come for the result to be the reliable verification of the messages that suppliers transmit to us, both in B2B and B2C environments.

WHAT A SOLUTION TO BUY WELL!!!

As a member of an organization in charge of purchasing goods and services, I have come across cases where the presentations, messages and documentation related to the items I was interested in contracting were not entirely true, and I say this in a politically correct way. Purchasing procedures are applied, questionnaires are launched in Excel or in purchasing platforms, but the answers have to be accepted, without any filter, no checking algorithm that guarantees the veracity of the answers. A purchasing department can compare the answers of potential suppliers, evaluate these comparisons and determine which is the best offer according to the offers received. How to check the veracity of the suppliers’ answers? All purchasing organizations would minimize risks if they could have a platform where they could directly address each of the responses made by suppliers. Links in the responses, or links on the potential suppliers’ own websites would lead to the platform where verified evidence could be found to turn supplier responses into objective certainties. At the end consumer level the scenario is similar, logically on a smaller scale. When I walk down the aisles of a clothing store and look for products that meet certain characteristics, products from a company that respects the environment, made from recycled products, manufactured in a country with which my government does not have disagreements on fundamental rights, how can I have immediate verification of each of these issues? The consumer can give another use to his or her cell phone. Each product can have a label, a QR code, which can be captured from the cell phone camera, from which you can immediately obtain verification of each of the characteristics associated with the product, where it is produced, how, from what ingredients, with what material and human resources, etc. All this is possible today, and it is possible from platforms such as swearit.io. This type of platform should:

  • have the guarantee that the information is secure. Nowadays, blockchain-based platforms are required to guarantee the security and veracity of the information. Blockchain is fundamental when it comes to providing and validating each and every one of the assertions that the manufacturer transmits to the market.
  • The Blockchain system allows the management of significant information, which minimizes risks for buyers: o Catalogs and product lifecycle catalogs. o Tools for sharing information, opinions… o Ability to integrate with third parties (ERPs, PIMs, QMs, etc.). Today, we all search in internet based on words, tags…, but the time has come when the result must be the reliable verification of the messages conveyed by suppliers, both in B2B and B2C environments.