Morpheus.Network Accepted Into Co-Innovated With SAP Program And SAP Partner Innovation Lifecycle Services
Morpheus.Network joins Co-Innovated with SAP program run by the SAP Global Partner Organization, to certify their Product and Brand Protection solution running SAP infrastructure. The program provides access to resources; services, certification, and GTM benefits that will help Morpheus.Network continue to develop a successful partnership with SAP.
“If you can make it, they can fake it.”
According to Boston Consulting Group “The amount of total counterfeiting globally will reach USD $1.82 Trillion by the year 2020. Businesses’ could reduce the number of fraudulent sales by 60% to recoup an average of 3.9% in associated revenues.”
“Our focus remains on safe and secure supply chains throughout the Americas” says Karl McDermott, Global Head of Business Development, Morpheus.Network “Especially for high value goods requiring item tracking, regulatory approval, and customs release into the USA”.
The SAP program and Product and Brand Protection will add another weapon to enable brands and customs alike, in their efforts to avoid the entry of black and grey market, counterfeit or contraband goods into the market and will dovetail nicely the US Department of Homeland Security POC around IP and Trademark registry.
SAP domain experts were particularly interested in bringing this product to market. It fills a white space in their portfolio and will bring fraud protection and enhanced track and trace to their global customer base. This solution will complement existing SAP Global Track and Trace. Morpheus.Network tested the Fraud Prevention Protocol (FPP) in the Cosmetics and Perfume segment and additionally has identified multiple USD $100 Billion verticals in in Luxury, Premium, Apparel, Global Pharma Serialization, and Aftermarket Auto parts, Electronics and Component Manufacturing.
As part of the Co-Innovated with SAP Program, Morpheus.Network commits to:
1. Certify its proprietary fraud protection protocol for pairing and scanning unique items to identify black market, grey market or diversion tactics, counterfeit or contraband goods by creating an immutable Digital Footprint.
2. Develop an API to SAP infrastructure and modules that facilitates streamlined supply chain processes such as automatic purchase order and Inventory management.
3. Enhanced Track and Trace to provide supply chain transparency using a Unique QR Code or Smart RFID Tag.
“Certifying our FPP solution to run on SAP will help us engage with SAP user base where vendor pre selection, IT governance health checks such as enterprise architecture, as well as security and scalability compliance are key factors that should simplify procurement.” says McDermott
The customer benefits of running Morpheus.Network on SAP include:
1. Reduced supply chain operating costs and revenue losses due to IP theft and counterfeiting which damage brand reputation.
2. Enhanced Track and Trace provides real time inventory not just in store, but throughout the entire supply chain, which converts into faster inventory and accounts receivable turnover.
3. Reduced working capital requirements.
Morpheus.Network is a SaaS middleware platform deploying emerging technologies such as blockchain, IoT and AI to create a unique and immutable digital footprint for optimizing end to end supply chains from origin, tracking and tracing, custody and compliance.
SAP, Co-Innovated with SAP, PartnerEdge, SAPPHIRE NOW and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
The Morpheus.Network team is available to describe their offering and provide a demonstration of their global supply platform during the 2020 SAPPHIRE NOW® conference. To book a meeting contact Karl@Morpheus.Network +1 (877) 771–8222.
SUPPLY CHAIN EXECUTIVES: Register today to secure your front-row seat on global supply chain optimization. Only 10 highly qualified enthusiasts will be accepted into the next stage of the pioneer program.
BUSINESS PARTNERS: Contact us today to verify the benefits of leveraging your contacts and/or seamlessly integrating your value-added services for automating global supply chains, with no up-front costs or large investments.
Visit us at https://morpheus.network