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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Production Schedule to
Meet your Lead Time
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ITAR Registered
AS9100
IATF 16949
ISO 9001
MIL-STD-810-F/G
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
- Data sharing
- Quick responses
- Quality deliverables
- Customer loyalty
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
- Rapid Response Rfqs
- Quick-Turn Specialized Small Batch Manufacturing
- Digitally Transform Your Supply Chain RFQ By RFQ
- Improve Supply Chain Equity For SME Suppliers
2
Data Sharing Incentives
Benefits
- Access Previously Inaccessible Siloed Data
- Drastically Improve Supply Chain Visibility
- Drastically Improve Supply Chain Model Predictability
- Strengthen Data-Informed Controls And Procedures For Supply Chain Disruption Avoidance
- Overcome The Manufacturing Trust Tax With Genuine Data
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
- Access Previously Inaccessible Siloed Data
- Drastically Improve Supply Chain Visibility
- Drastically Improve Supply Chain Model Predictability
- Strengthen Data-Informed Controls And Procedures For Supply Chain Disruption Avoidance
- Overcome The Manufacturing Trust Tax With Genuine Data
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
- Instant, Automated Based On Contract Achievements
- Assurances With Smart Contracts
- Eliminates Need For Factoring
- Avoid Cross-Border FX Transaction Fees
- Incentivizes Rfqs To Build A Responsive Supply Chain
- Encourage Partnerships With Customised Payment Mechanisms
4
Supply Chain Decentralized Finance
Benefits
- Large Oems Can Extend Their Payment Terms To Otherwise Inaccessible Small Batch SME Suppliers For Their Specialized Batch Rfqs
- Suppliers Get Paid Faster And Buy More Raw Material On Spec
- Improve SME Supplier Equity
- Newest Innovation In Supply Chain Finance
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
- Large Oems Can Extend Their Payment Terms To Otherwise Inaccessible Small Batch SME Suppliers For Their Specialized Batch Rfqs
- Suppliers Get Paid Faster And Buy More Raw Material On Spec
- Improve SME Supplier Equity
- Newest Innovation In Supply Chain Finance
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
Space
Oil & Gas
![jet image](/wp-content/uploads/2021/03/Fighter_plane_09-1-1.jpg")
Aerospace & Defense
Maritime
![automotive image](/wp-content/uploads/2021/01/Automotive.png")
Automotive
Medical
Space
Aerospace & Defense
Automotive
Oil & Gas
Maritime
Medical
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
CNC Machining
Prototypes and precision production parts expedited to meet your build time requirements
Sheet Metal
Sheet Metal part prototypes and precision production parts expedited to meet your build time requirements
3D Printing
3D printed prototypes and precision production parts expedited to meet your build time requirements
Molding
Molding prototypes and precision production parts expedited to meet your build time requirements
Casting
Casting prototypes and precision production parts expedited to meet your build time requirements
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.
