The Transnational Transparent Procurement (TTP) is a pioneer 4th industrial revolution technologies innovation providing scalable and sustainable solutions to the benefit of all supply chain participants. TTP is not just about efficient payments, alignment of buyer-supplier values, blockchain logistics, sustainability or modern slavery …
It’s about of all of it
– Total Value Procurement.
Procurement is facing unprecedented challenges from AI, IoT to transformational opportunities through blockchain. As we drive towards the United Nations 2030 SDG goals, the hallmark of this next decade will be our ability to balance between financial and non-financial assets bringing profound social change. Procurement is one of the world’s greatest instruments to drive our future, bringing absolute clarity linking purchasing contract reward with behaviour compliance adoption.
Recent innovations, Facebook Libra and IBM Trust Your Supplier are most welcome attempts to bring consortiums of large companies to impact payments and digital identity, however, they are by design a view of the world through a top-down corporate lens and therefore limited. Building on this global movement, we have established an inclusive, equitable Circular Economy of Procurement bringing tangible and intangible rewards to the sector as a whole. The aim is to combine token payment transactions with Distributed Ledger Technology (DLT) transparent certification to enable a true value exchange between large and small players.
The Transnational Transparent Procurement Foundation (TTPF) is a not-for-profit (NGO) to pioneer 4th industrial revolution technologies providing scalable and sustainable solutions to the benefit of all participants. TTPF is not just about efficient payments, alignment of buyer-supplier values, blockchain logistics, sustainability or modern slavery … it’s about of all of it – Total Value Procurement.
Procurement is the single most powerful instrument to change the world in terms of both financial weight and influence on lives globally, nevertheless it has struggled to grasp this mantle. Because of the procurement and supply chain management, some people will end their lives in abject poverty, and others will celebrate life. Procurement decisions can lead to the ultimate sacrifice – in their hands is the power that someone lives or dies.
There are 4 major advantages blockchain brings to procurement.
- Firstly, it is anti-centralisation and peer-to-peer technology allowing for cheaper purchasing through disintermediation.
- Secondly, distributed ledger technology (DLT) brings transparency to sustainability in the supply chain.
- Thirdly, tokenization and cryptocurrency gives the ability to align the reward and values of the supplier with its own vendor values.
- Finally, the integration of AI with blockchain smart contracts allow for seamless automation of sourcing and procurement against a predetermined set of rules compliant with the organisation’s strategy.
By 2030 procurement will have undergone a revolution within organisations, institutions and even personal ‘retail’ purchasing, now with our collective societal engagement mandate, should embrace this technology enabler.
Say hello to your team
Benard is the Group Managing Director House of Procurement and the Executive Director House Of Procurement Nigeria, Tanzania and Uganda Limited. He has over 10 years of experience in procurement and supply chain management in industries such as Oil and Gas, Energy, Agriculture, FMCG, Manufacturing, Consulting, Service, ICT and Telecommunications. He has led various companies such as House of Procurement and Camusat East, Central and West Africa and was the Global Commodity Buyer for Fiber Optic for Camusat Group and has been in-charge of sourcing for all EABL manufacturing sites including KBL, UDV, CGI and EAML based in Kenya; Serengeti Brewery Sites in Tanzania (Mwanza, Moshi, Dar); and IDU and Uganda Breweries both
in Uganda. He was also the Regional Strategic Buyer for Nestle’ Equatorial Africa where he looked after factories in DRC, Zimbabwe and Kenya. His countries of work experience are Kenya, Uganda, Tanzania, Malawi, Mauritius, Mozambique, DR Congo, Liberia, Sierra Leone, Nigeria, South Africa, Switzerland, UK, Guinea, UAE, Zimbabwe and Ivory Coast.
in Uganda. He was also the Regional Strategic Buyer for Nestle’ Equatorial Africa where he looked after factories in DRC, Zimbabwe and Kenya. His countries of work experience are Kenya, Uganda, Tanzania, Malawi, Mauritius, Mozambique, DR Congo, Liberia, Sierra Leone, Nigeria, South Africa, Switzerland, UK, Guinea, UAE, Zimbabwe and Ivory Coast.
With a passion for embedding sustainability across all types of organisation, Nicholas has developed considerable experience in working with clients around application of circular economy thinking to develop new business models and adding value to their operations and wider value chains. As lead on project delivery with SusConnect he manages clients’ day-to-day needs and ensures tasks are completed to time and budget while exceeding quality expectations. With over 13 years’ experience in the environmental sector, in both commercial and academic roles, Nicholas’ specialism is around circular economy business model development and applications, building on his earlier PhD work in this area. He has worked extensively with a range of clients from commercial, public sector, third sector, government departments and agencies (for example; with DEFRA, WRAP and the EA) as well as sector wide organisations such as the British Coffee Association, ALUPRO (Aluminum Packaging Recycling Organisation), Plastics Europe and a wide range of SME’s from multiple business sectors.
Terry Tudor is a director of SusConnect Ltd. In the past two years, he has led on stakeholder engagement for the onboarding of farmers and producers globally, including from Colombia, India, Peru and Brazil. He has over 13 years’ consultancy and academic experience in the area of sustainability and resource efficiency. He has worked on projects in the UK and abroad (e.g. for the UK Government and the EU Commission). He has worked in the UK, Italy and Barbados.
Professor Olinga Taeed PhD FIoD is Council Member and Expert Advisor to the Chinese Ministry of Commerce’s “China E-Commerce Blockchain Committee” responsible for growth to US$ 100 trillion and maintaining its current 70% global market share. He is also Head of the EU PROCUREMENT FORUM Social Value & Transparency in Supply Chains group. He is Chief Editor of peer reviewed academic journal Frontiers in Blockchain with 453 editors, Social Value and Intangibles Review with 125 editors, and UK government sponsored Efficiency Exchange; in 2019 he will launch the peer reviewed industry journal The Token: Cryptocurrency, Value and Values with New York publisher Peter Lang. He is director of the not-for-profit Centre for Citizenship, Enterprise and Governance which is the world’s leading think tank on the movement of value (measurement, transaction and delivery) with over 125,000 members. He is Visiting Professor in Blockchain at Birmingham City University, and previously Professor in Social Enterprise and Northampton University. He conducted the UK’s first (and only) ICO in 2017 with FCA guidance, the Seratio Token focusing on Non-Financial Assets. He is currently preparing to launch the UK£ 210 million Seratio DTL Open Bank, regulated in London by PRA and FCA. He retired at the age of 48 in 2008 from a successful private sector career with 9000 staff.
Founders
