ORS Group

A.I. and Blockchain Platform for Retail Supply Chain Optimisation

The Hypersmart Retail Platform integrates A.I. & Blockchain technologies for retail supply chain optimisation

The use of Hypersmart Contracts in the reverse auction case in supply chain

KEY FEATURES & BENEFITS

The reverse (procurement) auction process allows the producer to seek new suppliers through a dynamic bidding process thus reducing the price of goods and services.
Multi-facet parameters considered including quality of bidder services, capacity constraints, terms and conditions of the offer, risk of non-fulfilment, delays and others.
Blockchain mining process guaranteeing the integrity of data provided by producers and suppliers.
Our Hypersmart solution presents the buyer with the optimised bidder proposal based on algorithmic calculation.
Ensures a broader set of suppliers for the producer due to the distributed nature of the bidding process.
Fully automated auction.