The startup develops supply chain management software that enables project-based organizations in engineering, construction, and fabrication to manage complex procurement and materials planning. By providing real-time inventory tracking and quantity comparison, the software enhances operational efficiency and integration across business processes.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Project-based organizations in engineering, construction, and fabrication face challenges in managing complex procurement processes, including technical specifications, vendor documentation, and material tracking across multiple projects. Existing supply chain management solutions often lack the flexibility to handle project-specific requirements, leading to inefficiencies, errors, and increased costs.
Solution
Current SCM provides a cloud-based supply chain management software designed specifically for project-based procurement and materials management. The platform enables users to organize and segregate data by project, manage technical specifications and vendor documentation, and track materials throughout the supply chain. It offers role-based access control, customizable workflows, and real-time reporting to ensure project visibility and collaboration among stakeholders. Current SCM supports the entire procurement lifecycle, from requisition to invoice matching, with features tailored to the unique needs of complex projects.
Target Audience
The primary target audience includes project-based organizations in engineering, construction, and fabrication industries, as well as procurement teams, project managers, and supply chain professionals involved in complex procurement processes.
Features
- Project-specific data segregation and access control
- Management of technical specifications and vendor document requirements
- Real-time material and document tracking with milestone-driven expediting
- Customizable approval workflows and business rules
- Centralized vendor management with historical transaction tracking
- Procurement catalog management for guided purchasing
- Real-time reporting and analytics with customizable dashboards
- Support for multiple paying organizations and third-party procurement
- Integration with existing systems through API
- Material Requirements Planning (MRP)
- BOM (Bill of Materials) management
- Inventory Management