WHY MFG SUPPLIER INCENTIVE REWARDS
MFG Supplier Incentive Crypto Rewards are a new way to reward time connecting supply chains with blockchain.
With traditional supply chains, many manual processes occur that do not compensate suppliers for their time. Suppliers spend countless hours reviewing drawings, answering questions, and calculating quotes — without receiving anything in return.
SyncFab is rebuilding supply chains for Industry 4.0 digital transformation. A new system where time is compensated, sensitive information is kept secure, and suppliers get rewarded for maintaining a responsive supply chain.
HOW MFG CRYPTO REWARDS WORK FOR SUPPLIERS
Your time is valuable. Earn MFG Tokens submitting quotes on-time to win new business.
MFG Supplier Incentive Crypto Rewards support our network of verified suppliers providing competitive precision part RFQs. MFG rewards are available to verified suppliers on SyncFab (more coming), earning suppliers MFG ERC-20 Ethereum Tokens (MFG) based on the following account-based activities:
Verifying your supplier capabilities on SyncFab
Creating your MFG Rewards Wallet on SyncFab Uploading timely Quotes (within 24 hours of receipt) on SyncFab Fulfilling POs On-Time and On-Spec on SyncFab
WHERE TO GET MFG REWARDS
Your SyncFab supplier account is MFG Token ready immediately upon activation.
Your SyncFab supplier account automatically comes with your own unique MFG Token Blockchain Wallet built in. You can fund your MFG Wallet from 3rd party wallets, earn activity-based MFG Token rewards, or purchase MFG Tokens directly through the platform.
Suppliers earn MFG rewards responding to open RFQs through the SyncFab platform. In exchange for time spent reviewing and responding to these RFQs, you can earn MFG tokens when uploading competitive Quotes in a timely manner. MFG Rewards are more than loyalty points, suppliers can use their MFG Token balance to incentivize PO selection of their RFQ as well as to access upcoming SyncFab platform features.
At this time, MFG Supplier Incentive Rewards are available only to Suppliers in the United States. We are continuously working to extend support to more users and regions in the future.
Does it cost money to begin earning MFG Tokens?
No it does not! Suppliers can create your profile account to begin receiving MFG Token Rewards immediately based on your activity. All you need to do is sign up and complete our supplier verification process to begin accessing your new account.
What can I do with my MFG Tokens?
Suppliers can use your MFG Tokens for new features being released on the SyncFab platform. MFG Tokens can also be withdrawn into 3rd party wallets or swap-mechanisms.
How do I earn MFG Rewards?
Suppliers can earn MFG Token Rewards by: getting verified in our network, uploading complete Quotes within 24 hours of receipt, and winning a new PO with your competitive quote.
How can Buyers use MFG Rewards?
Buyers can use MFG Tokens to incentivize new RFQ requests to suppliers and to purchase MFG PRTs for Parts Provenance.