Federated Co-operatives Limited (FCL) one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network.
FCL is largely a business-to-business (B2B) operation linking hundreds of suppliers through FCL warehouses having over 1,400 retail food stores, home centres, gas bars/convenience stores, agro centres, propane plants and feed plants across Canada.
Morpheus.Network is a supply chain SaaS middleware platform seamlessly integrating legacy and emerging technologies such as blockchain, OCR and ML.
"We are excited to continue our close relationship with @CoopFCL & move forward with the next phase of further integration and optimization." — Noam Eppel, Co-Founder & COO, Morpheus Network Inc. Read more: https://t.co/7g4TfxMNQE#supplychain #blockchain #shipment #geotracking — Morpheus.Network (@MRPHSupplyChain) April 24, 2020
A three-year deal have been incorporated by the companies to manage the complex supplier document management system across Canada.
The Morpheus.Network Platform will use its advanced OCR capabilities along with API-integration with third-party compliance organizations to validate each document. Automated and proactive notifications will be then sent to alert relevant parties before documents are expired.
Morpheus.Network Co-founder and COO Noam Eppel adds on the merger with FCL:
“This is another exemplary example of the power and flexibility of the Morpheus.Network Platform in being able to adopt to different use cases and provide our customers with exceptional business value. We are excited to continue our close relationship with FCL and move forward with the next phase of further integration and optimization. — Noam Eppel, Co-Founder and COO, Morpheus.Network Inc.
Raymond Gareau Supply Chain Manager at Federated Co-operatives Limited adds:
We are very pleased with the results of our work with the Morpheus.Network team. Working with Morpheus.Network has resulted in an efficient throughput of our supplier document management and validation processes. Next up we are looking at the overall visibility of our supply chain from suppliers to FCL warehouses. The transparency provided by Morpheus.Network’s technical solutions fits well with our own co-operative ethos of driving integrity from start to finish.”
Official Source: Morpheus.Network | Image: Unsplash
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