Objective
The objective of this project is to commercialise ‘Valuechain.com’ which is a scalable cloud-based platform that enables manufacturing businesses to optimise overall supply chain performance by connecting with supply chain partners, capturing and analysing real-time structured and unstructured data from internal and external sources, and providing multiple scenario plans to optimise individual company and overall supply chain performance through predictive analytics.
Valuechain.com is a disruptive technology and will catalyse the creation of new SME business models in high value manufacturing sectors, unlocking the potential of vertical and horizontal integrated networks of businesses that could not previously collaborate effectively as the information exchange between businesses was very fragmented and manually executed.
Combining real-time knowledge of the supply chain with predictive analytics will provide unprecedented visibility and decision support for manufacturing supply chains and enable European manufacturing companies to monitor and mitigate supply chain risk, create dynamic collaborative supply chain networks by streamlining operations and reduce waste to improve global competitiveness.
The four key performance measures that will be used to assess current supply chain performance and the beneficial impact of valuechain.com on European Manufacturing SME competitiveness are as follows:
- Customer service
- Overall Equipment Effectiveness
- Cost of Inventory
- Supply Chain Costs
This project will enable Valuechain.com to build on its existing commercialised supply chain collaboration and mapping solutions and secure first mover advantage.
The average annual revenue generated from license rental model and aggregated procurement commissions from each client is €1,200 and the potential market opportunity is €75,000,000 annual revenue within 5 years.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business business and management business models
- natural sciences biological sciences ecology ecosystems
- natural sciences computer and information sciences software software applications
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.6. - SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
L39 2BY ORMSKIRK
United Kingdom
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.