Speed Up Your Global Supply Chain Using The MFG Token® For Smart Payments And Incentive Rewards

Use the Ethereum-based MFG Token® to speed up payments, incentivize new business and optimize results across your supply chain.
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Data Sharing Incentives
Supply Chain DeFi (Coming Soon!)

Incentivizes collaboration and speed across your company’s supply chain.

MFG Tokens® can be used to create custom rewards and compensate manufacturers for time and accuracy put into competitive tender bids.

Data Sharing Rewards

Automate payments with Smart Contracts

Smart Contracts can automate payments based on custom triggers, like goods arriving or passing inspection. Each party can trust the payment verification mechanism, as they can trust blockchain – the underlying technology that records each transaction.

Send Payments Anywhere Quickly And Cheaply

MFG Tokens® are a digital ERC20 cryptocurrency that allow your OEM business and its suppliers to pay for Supply Chain Products and Services on the SyncFab platform, transfer MFG Tokens® across borders and marketplaces instantly, with zero FX transaction fees, and continue using them or exchange them into local currency.

Secure Transactions For The Global Supply Chain

The MFG Token® can both streamline your supply chain and offer greater security and accessibility for your growing business and its diverse stakeholders.

1

RFQ Incentives

Problem

Suppliers non-responsive to new or small batch RFQs which go uncompensated when the supplier doesn’t win the order.

Solution

Incentivize supplier timely RFQ responsiveness with MFG® world-first manufacturing blockchain token

Benefits

2

Data Sharing Incentives

Benefits

Problem

The Bulk of Supply Chain Data is Siloed and Inaccessible

Solution

Harvest Specific Data-Sets with Special Purpose RFQ-targeted MFG® Incentives

Problem

The Bulk of Supply Chain Data is Siloed and Inaccessible

Solution

Harvest Specific Data-Sets with Special Purpose RFQ-targeted MFG® Incentives

Benefits

3

MFG® Smart Payments And Incentives For Suppliers & Stakeholders Program

Problem

Lengthy payment cycles hurt supplier relationships, and high cross-border FX transaction fees reduce profitability on both sides

Solution

Offer instant, automated cross-border payments with customized incentives for procurement efficiency via MFG® – the world’s first manufacturing token

Benefits

4

Supply Chain Decentralized Finance

Benefits

Problem

Large Buyers long payment cycles excessively burdensome to SME suppliers

Solution

Blockchain-enabled decentralized payment acceleration mechanism for SME suppliers subsidized by their own MFG® token RFQ rewards

Problem

Large Buyers long payment cycles excessively burdensome to SME suppliers

Solution

Blockchain-enabled decentralized payment acceleration mechanism for SME suppliers subsidized by their own MFG® token RFQ rewards

Benefits

Supplier Incentives Programs

Working capital management is the accounting strategy that a business uses to balance current assets and liabilities to ensure the company remains financially efficient, always maintaining the necessary cash flow to meet short-term operating costs such as paying utility bills and employees, as well as any short-term debt obligations.

Supplier Smart Payments

The P2P cycle is the trade cycle as seen from the point of view of the company that’s buying materials, goods, or services. During this process, the company chooses, receives, and pays for the items required to produce the goods or services they supply to their customers.

Purchase Order Management

Working capital management is the accounting strategy that a business uses to balance current assets and liabilities to ensure the company remains financially efficient, always maintaining the necessary cash flow to meet short-term operating costs such as paying utility bills and employees, as well as any short-term debt obligations.

Automate Payments With Smart Contracts

Smart Contracts can automate payments based on custom triggers, like goods arriving or passing inspection. Each party can trust the payment verification mechanism, as they can trust blockchain – the underlying technology that records each transaction.

Industries Served

Why SyncFab?

Contain costs, boost productivity and increase profitability with SyncFab game-changing business solutions. Blockchain’s technical features provides superior trust, automation, security and resilience over traditional databases.

Learn more about our other capabilities

Get precision manufactured parts, faster and cheaper.

OEMs can slash procurement time and costs for precision parts with a supplier network secured by blockchain for anti-counterfeit, recalls and more.