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General

What is GSC Platform?

Genesis Supply Chain Platform is a company based in France. Our worldwide team of supply chain, IT and blockchain professionals is developing a supply chain solution to streamline processes for Supply Chain Industry while improving the customers safety. We provide a platform to all purchasing professionals to improve their businesses results in reducing the costs and time with an easy tool to implement in the blockchain technology. Each company will be able to manage and secure their own business by using the blockchain technology to fight against counterfeited parts in the supply chain.

What is the Goal of GSC Platform?

The goal of GSC Platform is to simplify the processes involved in managing the supply chain and improve safety with end to end parts tracking from manufacture to installation using the blockchain in some sensitive industries such as aviation or rail. GSC Platform will expand buyers and sellers reach through our global marketplace. By incorporating the blockchain we will be able to take advantage of the security and speed in transactions and to keep immutable records for the lifetime of parts. The UI of the platform is thinking to be the more user friendly is possible. We wish that our users are autonomous on our blockchain using our application without needing our developers as a third party to create smart contracts and implement tracking documentation into the blockchain.

Who are the GSC Platform users?

Any company which is willing to improve their supply chain processes and to strengthen their relationship with their suppliers and customers with a plug and play tool. More specifically, all organizations in the transportation industry who control and monitor parts installed on planes, trains, boats or automotive and want to anticipate their supply and subcontracting as well as improve their clients’ safety in travels. Our current users are FlyDynamics, Aviator Solutions LLC, Guan Chuan or Forecast Electronics.

When will the platform be available?

The purchasing management: IT Platform is under its testing phase until the end of the Q2 2019. It will be then available for the daily business of our users. Feel free to join us as a Pilot User.

Lexicon

  • Blockchain : Blockchain is a technology that appeared in 2008, aiming to secure exchanges, data storage as well as transactions via algorithms.
  • Smart Contract : A Smart Contrat is a second generation blockchain. Smart Contract allows to digitalize a contract between two people or entities in order to make it automatic, auto-feasible and secure.
  • Token or cryptocurrency : Token or cryptocurrency is the right to use of blokchain. GSCP token will permit the use of GSC product (cf. section 1.5.1) The more token the user owns, the more he can use the platform, creating a Smart Contract with Smart Purchases or control a part’s compliance with Parts Traceability.
  • ERC20 compatible wallet : The GSCP token is an ERC20 (nature of the token). In order to store it, is necessary to create a compatible wallet. This wallet acts as a digital bank account for GSCP tokens. For more details, please visit the FAQ page (Frequently Asked Questions).
  • Soft Cap : Soft Cap is the minimal amount to be raised through token’s sale for the project to be viable for GSC Platform.
  • Hard Cap : Contrary to the Soft Cap, Hard Cap is the amount for which GSC Platform will be able to develop the entirety of the project the most effectively.
  • ERP : The Enterprise resource planning is the management of all the information and resources involved in a company's operations by means of an integrated computer system.
  • Purchase process : This is the protocol in any company followed by buyers in order to purchase in the best conditions. Time needed may vary (average 30 days) according to the purchase. (heavy purchase, investment, emergency, recurring purchase).
  • RFI : Request For Information or supplier’s discovery. This is the first step of purchasing process, allowing the buyer to discover new suppliers able to deliver his needs to meet his client’s requirements. It can be a long stage (2 to 3 weeks), very tedious and time consuming in the daily schedule of the buyer, as he needs to recover an important load of data regarding the suppliers.
  • RFQ : Request For Quotation. This is where the supplier gets selected by the company. Methodology and time are required for this stage. Offers assessment dashboard will allow the buyer to winnow to 2 or 3 of the best suppliers according to their RFQ’s. Executive committee will make the final decision.
  • Supplier performance follow-up : This is a critical step for a company. It is done after delivery of the product or after service is performed by the supplier. The buyer rates its suppliers in order to analyze in which area they become less efficient. This way, the buyer implements corrective actions to improve the business with the concerned supplier.