We’re all familiar with the buzz around blockchain and advanced track & trace systems and its potential impact on the industry, but sometimes the real progress of this technology gets lost in the media frenzy. At Neurored we have made it our mission to implement these enabling technologies to delight our customers by being the highest rated Supply Chain Management App on Salesforce Market Place (AppExchange).

To understand how Neurored’s App works, it is necessary to first understand what a cryptographic hash is:

A cryptographic hash function is a special class of hash function that is extremely difficult to reverse engineer, making it suitable for use in cryptography. It is a mathematical algorithm that produces an output (called ‘hash value’ or simply ‘hash’) of a fixed size irrespective of the size of the input (often called ‘message’). The only way to recreate the input data from an ideal cryptographic hash function’s output is to attempt a brute-force search of all the possible inputs to see if they produce a match.

Main properties of a cryptographic hash function are:

  • The same message always shows the same hash
  • It is fast in calculating the hash value of any message
  • It is infeasible to find a message from its hash value except by trying all possible messages
  • A small change in a message leads to a hash generation that is completely different from the old hash
  • No two messages will have the same hash value

In the context of our App, we use hash and keep them in an immutable way on the Blockchain (token) with the purpose of recognizing the same “message” all along the different stakeholders of the Supply Chain. This message could be in the form of Files, QR Codes or Beacons.

From a technical point of view, our App is highly secured as we have developed a solution to integrate any Salesforce Organisation with Blockchain through OpenID.

1] FILE VERIFICATION & TRACKING

Through file verification and tracking, Neurored aims to tokenize Salesforce files to avoid fraud by tracking undesired changes on the files created or received. Our software verifies the original creator of the file on others’ Salesforce Orgs with the file we receive or upload on our own Salesforce Org. By plugging into this BlockChain App to your Salesforce Org, you will provide your employees and partners with an infallible tool to verify if the shared files remain as the original after any peer-to-peer transfer. If the verification is positive, they will keep on going with the business activity and raise the alarm & freeze when not.

Here is how it works:

  1. The original creator uploads or creates a new file on its own Salesforce Org and the file is automatically triggered to generate a hash on the Blockchain with some metadata associated.
  2. The original creator can now share the file through an online or offline service by using any device.
  3. Multiple peer-to-peer transfers happen with the file until the last recipient receives the file and uploads it to its own Salesforce Org to verify the original creator of the file and other users who are also sharing the same file.

One practical example is Bill of Lading (B/L) which is issued by the carrier. Our software will verify to other stakeholders of the supply chain if the B/L file they have uploaded into their own Salesforce Org is the one that was originally created by the carrier.

2] QR CODE TRACKING

QR codes also known as Quick Response Codes, are two-dimensional bar-codes that can be read through a smartphone camera to directly open a website. QR Codes have been used in inventory management and manufacturing to get information about price, serial numbers, part numbers, dates, etc. but Neurored’s QR Code Tracking application can do much more than just getting information about inventory.

Neurored’s QR Code Tracking module allows businesses to track cargo when the shipments are going through different organizations. The main advantage of having a QR Code module is that it has the capability to upload and update the data every time the code is scanned. Our software generates a QR code associated with the token on Blockchain associated with any record on your Salesforce Org, for example, shipments or cargo. The QR Code will then be printed and attached to cargo as well as documents in order to track GPS positions where ever the QR Code has been scanned.

QR Codes can be scanned from any direction providing 360-degree scanning. They can store 100 times more information than the conventional horizontal bar-code and helps in reducing cost as it doesn’t require investment in heavy scanning machinery. Implementing such QR Codes on blockchain is what makes QR Code Tracking application unique. Neurored’s specific focus on QR Codes for Supply Chain Tracking and its secure integration with the Salesforce environment and BlockChain makes it a robust Supply Chain solution.

3) BLUETOOTH LOW ENERGY (BLE) BEACONS TRACKING

Neurored can also work in tandem with IoT technologies for helping businesses with powerful real-time cargo tracking solutions. As an example, Neurored’s software aims to run shipments with tokenized BLE Beacons. Beacons are battery powered small Bluetooth radio transmitting devices. They transmit radio signals on a regular interval and Bluetooth enabled devices can scan and display those signals once the beacon is within the range. BLE Beacons transmit a small amount of data in regular time frames which consumes less power, hence the name Bluetooth Low Energy.

The BLE Beacons are attached on the cargo of the shipments which allows businesses to track GPS positions, temperature and many other parameters through any Bluetooth enabled devices including mobiles, tablets, and Wi-Fi/Bluetooth access points.

BLE beacons are an innovative cargo tracking solution which can also be read without being in direct line of sight. These beacons are very cost effective and require minimum effort for installation. Neurored’s focus on the Salesforce Platform for delivering more customized solutions to their customers is what makes us unique.

Does your business need to improve its tracking? Get a live demo by connecting with us here!

A LOOK INTO AMAZON’S SUPPLY CHAIN OPTIMIZATION

Amazon’s massive and consistent growth over its short 25-year history is firmly rooted in Supply Chain Optimization. Having morphed from an inventory-heavy bookseller, Amazon has developed a supply chain that brings parity to the consumer, while simultaneously reducing the burden of Supply Chain Management for its suppliers.

You might think of Amazon suppliers (third-party sellers for Amazon) being small businesses (SMBs), and as the Pareto Principle states, that’s true for 80% of them, likely even higher. But a little-known fact of the Amazon Marketplace is that some of the world’s largest manufacturers of goods, from B2C to B2B, are beginning to outsource a great deal of their supply chain directly to Amazon.

Neurored APP conceptualization to automatically monitor and manage your inventory levels, issue reorders automatically, allowing you to maximize your margins and reinvest in your bigger future with Amazon.

Neurored App conceptualization to automatically monitor and manage your inventory levels, issue reorders automatically, allowing you to maximize your margins and reinvest in your bigger future with Amazon.

HOW DOES THIS WORK?

Let’s take an example.  Say Pika-Laptop manufactures their electronics in Asia, and their customer base is largely located in the United States which is a mix of retail consumers and business consumers. Pika-Laptop is shipping hundreds of 20′ containers from Asia to America every year. These containers must be transferred from factories to ports, to vessels, to trucks or trains, to distribution centers. These distribution centers require large buildings, advanced technologies, and of course, staff. But this is only half of the supply chain for Pika-Laptop because orders need to be received, the product needs to be picked, shipments need to be released and delivered. These activities are very costly, and heavily dependent on third-party logistics (3PLs).

Amazon saw this opportunity early, but also appreciated the complexity of logistics. So they tackled the problem from last mile delivery first and gradually worked their way back towards product sourcing. Today, suppliers (third-party sellers for Amazon) have the luxury of Amazon’s Seller Central technologies, which empower suppliers to plug their supply chain operations software directly into the Amazon Eco-system.

Take for example how customers of Neurored, a Global Supply Chain & Transportation Management app built native on the Force.com Cloud Platform by Salesforce.com, leverage Neurored’s Amazon Fulfillment Integration. Suppliers (third-party sellers for Amazon) create shipments to Amazon Fulfillment Centers digitally.  This process enables suppliers to choose their own shipping partner, or leverage Amazon’s transport partners network directly. Suppliers receive automatic notifications of inventory receipts, as well as orders, fulfillment, damaged goods, return claims, you name it, all electronically communicated back into their Neurored Supply Chain & Transportation Management App.

Amazon even released Artificial Intelligence capabilities, which literally applies predictive modeling as it makes next-best-action recommendations for suppliers to take next in order to optimize their inventory levels. Here we are in 2018, and Amazon has already created a seamless supply chain solution for even the largest suppliers, on a global scale. Given a little time, they will continue to reach all the way back to the original manufacturing sources.

Imagine a seamless supply chain where your app will automatically monitor and manage your inventory levels, issue reorders automatically, allowing you to maximize your margins and reinvest in your bigger future…Stop imagining because that future is already here!

Contact us for a personalized live demo of our Amazon Solution for Global Supply Chain and Transportation management here.

In recent years, technologies such as Blockchain are revolutionizing our society at an exponential speed. In just 10 years, Blockchain went from being essentially what supports cryptocurrency transactions to technology with diverse applications for countless businesses. Naturally, the Supply chain and Logistics industries have developed use-cases solving intricate issues that companies have been facing.

 
Neurored is the leader in delivering real production environments of Blockchain technologies for Global Trade, leveraging the unique combination of the leading cloud platform – Force.com and the leading permitted blockchain technology – Hyperledger Fabric. Our solutions (described below) enable global trading partners to operate with a substantial level of trust, while simultaneously avoiding commercial fraud exposure that is unavoidable in equivalent paper-based processes or unsecured digitized processes.

COMMODITIES TOKENIZATION (DIGITAL ASSETS)

By taking advantage of Hyperledger Fabric, Neurored’s platform allows tokenizing commodities by leveraging the security that Blockchain provides. Indeed, trading companies can incorporate key documents to Neurored’s secure Hyperledger, saving them both a great amount of time and money by exchanging a trustworthy proof of ownership.

For instance, one application involves the tokenization of Negotiable Warehouse Receipts (WR) issued by authorized warehouses. This process, therefore, accelerates the trading of commodities stored in a warehouse, without requiring any movement of the assets themselves. Digitization of WR encourages trading partners to make secure transactions (WR endorsements) of commodities stored in warehouses and other storage facilities such as silos. Trust between trading partners is based on the digital process and the technology itself, which makes actual commercial fraud impossible. In a similar way, Bill of Ladings (BOL) issued by Break Bulk Shipping Lines can be tokenized to accelerate trade of commodities in transit on vessels.

SECURE MARKETPLACES

Neurored also develops custom marketplaces for its customers in which sellers and buyers can trade commodities through the exchange of these tokens. Our Blockchain ledger of published prices (sale and purchase prices), availabilities, quality parameters, schedules, and orders, encourages trading partners of commodities marketplaces to trade in a safer way.

In addition, our marketplaces seamlessly enable demand and supply of products to meet by agreeing on terms such as price, availability, and quality. By requesting the contribution of a trustworthy third party (e.g. inspection service, warehouse management service etc.) to certify the agreed-upon conditions, the exchange of goods can be carried out in a reliable and unbiased manner.

SECURE FACTORING

Neurored has also built a Blockchain ledger of trade documents (Order, Invoice, BOL…) and related approval processes which enables traders to provide financial institutions more trust over their commercial operations in order to obtain better discount rates for their factoring operations.

At Neurored we have an indefatigable desire to innovate and bring organizations involved in Global Trade the tools allowing them to do business in a highly cost-efficient and sustainable way, as well as gain a competitive advantage by implementing state of the art technologies. Blending blockchain into our cloud platform, thereby enabling easy navigation between the physical and digital dimensions of a business, is just one of the innovations we have conceived.

Get a live demo by contacting us here.