Morpheus.Network Joins Hands With KOIOS To Offer a ‘Blue Tick’ Single Source of Truth for Product…

2y ago•

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Morpheus.Network (MNW) is pleased to announce a significant collaboration with KOIOS Master Data, marking a pivotal step forward for MNW. This strategic partnership aims to optimize supply chain management objectives for our enterprise and government clients, including prominent organizations such as Gulftainer, SENASA, and Vitalcan.

Through this collaboration, Morpheus.Network’s clients will have access to the KOIOS Blue Tick™ service, a feature that enables the replacement of “Free Text” in product descriptions with authoritative text directly sourced from the manufacturer. In a global business landscape increasingly plagued by counterfeit goods, the Blue Tick-enabled Product Description will empower our clients to improve transparency, reduce fraud, help establish brand authority and foster trust.

Moreover, the KOIOS Blue Tick provides businesses with a centralized and reliable source of product data, which helps address critical challenges like counterfeiting and fraud. Manufacturers and producers can seamlessly upload their data onto the KOIOS platform, granting accessibility to other stakeholders such as distributors, ERP systems, Customs, Trade Finance, and Insurance, and includes the generation and GS1 barcode data and HS6 Customs Data from the product description.

The HS6 service is unique in that it provides a full audit trail on your HS6 Code decisions from a Product Description and the ability to check past and future submissions.

MNW’s clients stand to benefit from reduced overhead costs, sustainable practices, and simplified operations, among other advantages stemming from this strategic partnership.

This integration will empower businesses to efficiently manage their product data globally from a single source of truth, streamlining operations and promoting data quality. Supply Chain Managers can now govern, cleanse, and manage their data in real-time, effectively minimizing costs associated with data management, such as duplication expenses.

Integrating with KOIOS offers the exciting prospect of notably mitigating risk by establishing a centralized repository for product data, cutting down supply chain costs, thus enhancing Estimated Time of Arrivals (ETAs), and subsequently lowering working capital. Moreover, this integration has the potential to streamline the creation of Carbon Emissions Certificates.

Key Insights:

The collaborative venture between Morpheus.Network and KOIOS presents several advantages for end-users.

Streamlined Data Management: Supply chain leaders can effortlessly access and manage all supply chain data through a centralized interface, eliminating the need to navigate between multiple applications and websites manually.
Integrated Solutions: The partnership entails the integration of purchase orders and shipment data into KOIOS Blue Tick verification and Morpheus.Network’s suite of services, including document management, cargo insurance, and IoT tracking.
Instant generation of GS1 and HS6 Code data, with an audit trail to support your decisions.
Enhanced Data Security: The collaboration establishes a digital footprint to capture sensitive data within an immutable and auditable chain, ensuring data security and integrity.
Process Automation: Critical supply chain processes, including freight booking, will be automated, saving valuable time and effort for businesses.

About KOIOS

KOIOS Master Data is a software suite that provides supply chain leaders with access to quality data for ERP and PIM (Product Information Management) systems, enabling supply chains to share accurate and complete product specifications. The KOIOS system allows users to exchange data globally without compromising on data integrity. The KOIOS Core comprises a comprehensive data dictionary, encompassing more than 100,000 terms and definitions categorized into authoritative concepts, along with a data specification library housing over 40,000 data specifications for users to choose from. It follows the architecture specified in the International Data Quality and Characteristic Data Exchange Standards: ISO 8000, ISO 22745, and ISO 29002.

Contact: Jonathan Grant at bluetick@koiosmasterdata.com for more details

About Morpheus.Network

Morpheus.Network is intensely focused on helping companies and Government organizations eliminate inefficiencies and remove barriers to optimize and automate enterprise supply chain operations. Their multi-award winning supply chain middleware platform leverages transformational digital technologies such as ML/AI, IoT and Blockchain and has over 150 integrations with leading companies, including SAP, DHL, Fedex, Cargowise, Telefonica, Marsh, Swift and more! Morpheus.Network helps clients maximize revenue through digitization and process automation, protecting sensitive data, and untangling complex issues with the legacy supply chain system while delivering effective, equitable, and efficient global trade solutions.

“If you fix the supply chain, you fix the world!” — Dan Weinberger CEO & Co-Founder