The startup operates a digital logistics platform that connects shippers directly with transport carriers, enhancing transparency and efficiency in domestic distribution within emerging markets. By integrating with enterprise resource planning (ERP) systems, the platform provides end-to-end visibility of the supply chain, enabling companies to lower operating costs.
Funding
$4.6M 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
Many companies in emerging markets face challenges in managing their domestic distribution due to a lack of transparency and inefficient communication between shippers and transport carriers. This can lead to increased operating costs and limited visibility throughout the supply chain.
Solution
OpenPort provides a digital logistics platform that directly connects shippers with transport carriers, creating a transparent and efficient ecosystem for domestic distribution. The platform integrates with existing enterprise resource planning (ERP) systems to provide end-to-end supply chain visibility, from order dispatch to final delivery. By digitalizing transport procurement and offering features like competitive bidding and a complete audit trail, OpenPort enables businesses to optimize costs and streamline operations. The platform's smart contract capabilities record shipment events in real-time, ensuring an irrefutable record of delivery and facilitating faster settlement.
Target Audience
OpenPort primarily serves suppliers, transporters, and multinational corporations operating in emerging markets who seek to optimize their logistics and supply chain operations.
Features
- Integrated transport management system (OpenTM) for end-to-end visibility and KPI monitoring
- Digital trucking marketplace (OpenMARKET) with pre-approved transporters and competitive bidding
- Digital custom clearance (OpenClear) to streamline stakeholder coordination and document flow
- Warehouse picking operations (OpenPick) to digitalize warehouse workflows and reduce congestion
- OpenPOD for consignee access to order updates, electronic proof of delivery, and SKU-level data
- OpenYard to manage factory loading processes and provide real-time KPIs
- OpenSafe for enhanced safety and compliance with vehicle and driver database history
- OpenRoute for safe and precise transit management