White paper: Building the Blockchain Logistics Protocol
1.6 Core Technology
OpenPort has built a neutral and digital network for enterprise logistics in emerging markets. Active location tracking and status updates, via our purpose-built Driver App applied to the phones of truck drivers to provide data during transport, creates new opportunities for the enterprise shipper to control security, product quality and cost.
The OEL model features a free-to-use neutral marketplace for transport procurement where transporters publish rates and collaborate directly with large shippers for tenders, both for smart contracts and on-demand ad-hoc transport procurement. Independent performance ratings are assigned to the transporter based on performance data gathered by the platform, which encourages better service quality and value for shippers while opening greater volumes of business to deserving transporters. The marketplace allows shippers to negotiate directly, in-housing their supply chain procurement while gaining unprecedented visibility and tracking.
OpenPort also offers a set of standard and customizable “Operations Dashboards” for each client which allows visibility into the evaluation and ranking of providers on any selected trade lane, and new perspectives over the trove of ERP-integrated shipment, cost and milestone data available in OEL. As we continue to grow visibility and widen the scope of transport services we provide to our clients, we have put increasing effort into integrating with customer’s ERPs due to the universal usage of ERP systems among multinationals. We have direct integrations whereby delivery requests from the ERP are executed in OpenPort’s OpenTM (transport manager), consolidated and dispatched using the OpenDispatch tool, and fulfilled by drivers via the OpenPort Driver App. Throughout the process shipment tracking events can be fed back to the customer’s internal systems. Other integration scenarios include OpenPort shipment tracking events fed back into individual ERP Sales Order or Stock Transfer Orders.
To support the growth outlined in this whitepaper, the OpenPort platform must be globally scalable and leverage proprietary and differentiating technology. The platform infrastructure is our foundation and drives the customer experience. The success of our system is measured by how effectively we serve the needs of both complex multinationals and micro-sized locally based transport providers in emerging markets. Therefore, OpenPort technology is built to deliver against these three strategic imperatives:
- Scalable, secure and robust delivery platform.
- Disruptive and differentiating solutions.
- Serving the largest multinationals and the smallest local trucker.
To successfully deliver against these three imperatives we leverage modern cloud based Software as a Service and Platform as a Service systems together with mobile technology.