SyncFab launches Track and Trace Tokenization Solution for OEM Parts Recall and Inventory Management in Aerospace, Automotive and Medical — another Commercial Industry First
SyncFab has just launched our OEM Parts Traceability Blockchain Application following up on our recently released OEM Parts Tokenization Application. These two solutions combine to form a comprehensive commercial solution for OEM parts Provenance, Recall & Inventory Management in Medical, Aerospace and Automotive. SyncFab continues to lead the industry for development and application of commercial enterprise blockchain solutions for industrial manufacturing. EXPLAINER VIDEO
Transparency for Track and Trace and Parts Recalls
By tokenizing a part, this brings much-needed transparency and traceability to stakeholders in the supply chain. Participants are able to track the movement of the tokens/product through every stage of the supply chain from procurement, production, quality inspection, assembly, distribution and supporting data as close as real-time as possible based on predefined points of authentication. Should a problem arise with a product’s development, recalled parts can be tracked, traced, isolated and mitigated.
Quality Control and PLM History
When tokenizing parts, quality and manufacturing details about your part are safely and securely stored in an immutable record on the blockchain, allowing organizations to control quality and maintain a complete PLM (product lifecycle management) history of your parts and tracking insights.
This feature is yet another industry-first move by SyncFab’s manufacturing blockchain. To realize the benefits of blockchain technology custom-built for the manufacturing industry including parts tokenization for anti-fraud, recall mitigation, track and trace, and supply chain transparency in your organization, get in touch with SyncFab for implementation and customization. Or register on the SyncFab Manufacturing Platform and start tokenizing parts today.
SyncFab is Hiring!
We consider ourselves to be a very lean team of highly efficient operatives but we're always striving to improve so we keep the talent pipeline open for candidates for: 1) Full Stack Blockchain Engineers, 2) B2B Enterprise Software Sales Professionals, 3) B2B Supply Chain Marketing Professionals, 4) Data Analysts.
Stop Corona Virus bottlenecks in your OEM Supply Chain: SyncFab allows OEMs to slash procurement time and cost for precision parts with SyncFab’s rapid response supplier network secured by blockchain for anti-counterfeit, recalls, smart payments & more.
Let us quote your precision machined parts at no cost or obligation to: firstname.lastname@example.org
SyncFab helps Aerospace and Automotive OEM Purchase Managers stay on top of their demanding production schedules while shaving their parts procurement costs as much as half off benefiting from a vetted full range manufacturing capabilities network of 1000s of suppliers. SyncFab’s network precision machining capabilities include multi-axis milling and turning, routing, waterjet, laserjet, EDM, Electron Beam Welding, punching, cutting, shearing and finishing services including anodyzing, coating, plating, polishing and more.
SyncFab also works with OEM IT Departments whose aim is to secure more of their supply chain data with blockchain for ERP module and internal reporting system integration. OEM IT Departments can use their procurement activity blockchain records SyncFab generates to complete a Turnkey Supply Chain Blockchain Proof of Concept, Custom Use Case Pilot or Program Implementation. Furthermore — SyncFab’s patent pending parts procurement tokenization solution can be used to mitigate product fraud — isolate recall cost and time using blockchain track and trace feature technology at a fraction of the cost. Finally, OEM IT and Financial departments can partner to use the industry first MFG Manufacturing Token to create custom smart contract and supplier incentive programs such as RFQ and data sharing rewards.
Calling all Local Blockchain Engineers — Talented and Eager to Make a Difference in Manufacturing? Join Us!
We are always seeking additional blockchain engineering talent. Interested in joining our team? Learn more and apply here.
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