SAV-e (Sustainable Added Value e-chain)
Lead Participant:
WAX DIGITAL LIMITED
Abstract
The VendaBank project is a major product development initiative being undertaken by Wax Digital in 2012/13 in partnership with a number of customers and third party organisations, part-funded by the Technology Strategy Board.
The headline goals for this project, are as follows:
» To create a single unified supplier data store across the >35,000 suppliers currently registered with Wax Digital web3
» To give those suppliers a single point of trade across all those clients where multiple trading relationships exist
» To allow suppliers to trade with one another on the same platform
» To facilitate ‘open’ communications and transactional exchange between VendaBank suppliers and third party exchanges/ERP systems/marketplaces
The VendaBank project will improve the ability of all digital supply chain participants to create value by removing barriers to trade; shortening supply chains; enabling large-to-micro trading in any marketplace; simplifying digital trading across sectors; reducing cost, manual overhead and waste in multiple industries; enabling supplier self-regulation; thereby changing business models of goods and services provision across multiple sectors.
The headline goals for this project, are as follows:
» To create a single unified supplier data store across the >35,000 suppliers currently registered with Wax Digital web3
» To give those suppliers a single point of trade across all those clients where multiple trading relationships exist
» To allow suppliers to trade with one another on the same platform
» To facilitate ‘open’ communications and transactional exchange between VendaBank suppliers and third party exchanges/ERP systems/marketplaces
The VendaBank project will improve the ability of all digital supply chain participants to create value by removing barriers to trade; shortening supply chains; enabling large-to-micro trading in any marketplace; simplifying digital trading across sectors; reducing cost, manual overhead and waste in multiple industries; enabling supplier self-regulation; thereby changing business models of goods and services provision across multiple sectors.
Lead Participant | Project Cost | Grant Offer |
|---|---|---|
| WAX DIGITAL LIMITED | £779,894 | £ 379,086 |
Participant |
||
| KNP VIDEO LIMITED | £142,974 | £ 69,120 |
| LANCASTER UNIVERSITY | £32,969 | £ 32,969 |
| VIRGIN ACTIVE LIMITED | £110,175 | £ 53,470 |
| UNIVERSAL MUSIC GROUP INTERNATIONAL LIMITED | ||
| WEETABIX LIMITED | £112,077 | £ 54,400 |
People |
ORCID iD |
| Phillip Lewis (Project Manager) |