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Authenticiti is a supply chain data platform for manufacturers, powered by blockchain. It overlays on top of existing systems of records to aggregate critical order-to-cash data into a single source of truth without replacing your current systems. With Authenticiti you can eliminate data siloes, gain real-time visibility and streamline the supply chain processes, automate manual reconciliation, reduce lead-time, prevent SLA disputes and ultimately save millions in factoring costs.
Founded in 2016, Authenticiti has helped companies across different industries such as aerospace, manufacturing, mining and insurance, with operational advancements and millions in savings annually. The company is headquartered in San Francisco with an engineering office in Toronto, Canada.
"Authenticiti is a technology provider that enables companies to innovate and gain real-time supply chain visibility in a complex, demanding, and highly competitive market. Authenticiti platform is the single-source-of-verifiable-truth for supply chain management, connecting data from siloes systems in real-time."
Please tell us about Authenticiti.
We provide solutions to effectively connect and manage next-generation supply chains. Authenticiti is a technology provider that enables companies to innovate and gain real-time supply chain visibility in a complex, demanding, and highly competitive market. Authenticiti platform is the single-source-of-verifiable-truth for supply chain management, connecting data from siloes systems in real-time.
Tell us about some of the problems and losses companies can overcome with your solutions.
We are taking out the supply chain complexities by creating a real-time data platform powered by blockchain, that connects data siloes from legacy applications, supplier portals and/or documents such as PDF & emails, to a standard format for easy secure data sharing.
"The Authenticiti proposition is straight-forward and compelling. Our platform is an overlay that works without replacing existing systems or infrastructures. The advantage of this approach is that users gain visibility and control, regardless of their backend ERP, logistics or accounting system."
What industries have the greatest need and potential for Authenticiti's solutions?
Data sprawl has been the enemy of supply chain innovation across manufacturers worldwide, but specially in aerospace, automotive and industrial manufacturing. For decades there has been considerable efforts to better manage supply chains, and with applications deployed for specific needs, most supply chain infrastructures today are a labyrinth of data, tools and processes. This complex environment is riddled with manual steps sprawled across departments. Authenticiti is a blockchain-based supply chain integration platform that overlays on top of existing systems of records to aggregate critical supply chain data into a single user-friendly interface without replacing current systems. The solution provides real-time asset tracking visibility, secure exchange and validation of documents and reconciliation of siloed data-lakes across manufacturers and its partners.
What are some of the unique advantages your solutions offer above other options?
The Authenticiti proposition is straight-forward and compelling. Our platform is an overlay that works without replacing existing systems or infrastructures. The advantage of this approach is that users gain visibility and control, regardless of their backend ERP, logistics or accounting system.
The Authenticiti Advantage:
Rapid Deployment: The entire platform is packaged in a lightweight Docker Container allowing quick deployment to a public, on-premise or hybrid cloud in hours, not days or weeks.
Robotic Process Automation: Automate data extraction of related fields from siloed applications, documents and emails into a single user-friendly interface dashboard. Streamline complex task of mapping duplicate fields between siloed enterprise systems.
Distributed Encryption: Key sharding encryption combined with blockchain infrastructure for highly secure, federated data sharing.
Smart Contracts: No-code needed configurable smart contracts, that convert manual workflows to automated transactions based on predetermined actions and triggers. Map user identity authorization to enable permissioned data-sharing across multiple parties.
"I co-founded Authenticiti with the vision to build an overlay platform that changes the way companies manage their supply chain... I wanted to focus on removing the inefficiencies that cause disruptions in today’s supply chain with innovative technology such as blockchain and advanced analytics to help improve the operations."
Tell us a bit about your professional background?
I co-founded Authenticiti with the vision to build an overlay platform that changes the way companies manage their supply chain. I am a former entrepreneur-in-residence at GE Ventures, and the Alchemist Accelerator in San Francisco. I wanted to focus on removing the inefficiencies that cause disruptions in today’s supply chain with innovative technology such as blockchain and advanced analytics to help improve the operations.
I am also an international speaker on blockchain innovation and have worked with clients around the world on their operational transformation.
Authenticiti recently secured additional funding, tell us what we can expect to see from you.
The added investment will allow Authenticiti to expand its operations and continue innovating the platform, its products and the technology.
"We uncover common challenges amongst manufacturing companies related to lack of visibility across their supply chain operations. In most cases, critical supply chain data is heavily siloed among multiple ERP systems and track and trace applications causing a lack of visibility among production, manufacturing and logistics teams."
"The Authenticiti platform helps manufacturers integrate with their existing legacy applications and unite all critical supply chain data into a single source of truth."
Authenticiti has worked with companies like Lockheed Martin, GE, Daher and Zebra. How have these experiences helped to shape your offering and strategy?
We uncover common challenges amongst manufacturing companies related to lack of visibility across their supply chain operations. In most cases, critical supply chain data is heavily siloed among multiple ERP systems and track and trace applications causing a lack of visibility among production,
manufacturing and logistics teams. Many use excel spreadsheets with reconciled data, email and limited EDI connectors to share information among key stakeholders within their company and with their external supply chain partners (suppliers/carriers/end-customers). We learned that this can cause problems such as extended DSO, overproduction of inventory, rejection of shipments because of missing parts, challenges with order & invoice reconciliation and much more. The Authenticiti platform helps manufacturers integrate with their existing legacy applications and unite all critical supply chain data into a single source of truth and the ability to:
- Track individual parts in real-time from production to delivery.
- Create unique identifiers for parts and digitize quality assurance documents associated with them.
- Leverage supply chain data to trigger real-time alerts for key stakeholders.
- Create smart contracts that enable automatic and digital invoicing upon delivery of the shipments.
- Eliminate the use of EDI connectors and spreadsheets to share information.
- Create an end-to-end data audit trail stored on a blockchain database to resolve any disputes related to purchase order obligations or SLAs.
"Inspired by leadership that balances relentless professional will with genuine personal humility, I am building a company that fosters innovation through proven methodology, discipline and cutting-edge technology."
Tell us about your plans to bring Authenticiti to international markets?
Authenticiti has customers in the Americas and Europe but the plan is to scale capacity and accessibility to additional countries and regions as our journey to transform supply chains around the world continues.
How do you develop and improve your leadership abilities while leading an exciting startup?
As the company scales, having a culture that is inclusive and fosters growth is a big priority.
Establishing a set of company’s values that help build the culture and future of Authenticiti: Ambition & humility / Accountability & ownership / Help others succeed / Plan, do, learn, improve.
How would you describe your particular approach to leadership?
Inspired by leadership that balances relentless professional will with genuine personal humility, I am building a company that fosters innovation through proven methodology, discipline and cutting-edge technology.
For more information, please visit: www.authenticiti.io