Orixe solves the problem of counterfeit parts (pirate products) and supply chain uncertainty across multiple industries.
This problem with counterfeit parts and false certificates is especially prevalent in the aerospace, automotive and electronics industry, but can be said to be a cross-industry problem. Counterfeit parts create problems for producers such as faulty products (as seen in the cases Fake medical masks, Samsung Galaxy Note 7, or the Takata airbags), but also that goods do not adhere to regulations such as REACH and RoHS or comply with quality requirements.
Companies risk severe financial damage such as:
- loss in sales,
- not meeting quality standards,
- lawsuits and
- lost reputation.
The Orixe Platform has been developed in close cooperation with out pilot customer within the defense- and aerospace industry to solve the cross-industry problem of counterfeit parts.
Orixe ensures integrity and transparency by tracing components country of origin and their adherance to regulations, i.e REACH and RoHS.
The solution is a new way of combining database and blockchain that effectively and securely tracks transactions between companies. This creates a secure image of the supply chain which raises effectivity in quality- and supplier assurance.
To make it easier for our customers to be sure of their suppliers quality standards and reduce time and effort spent on quality assurance, Orixe is also providing a solution that automates the process of auditing suppliers.
Orixe is a company that is devoted to creating a more sustainable future.
Many of the global challenges that we face today such as pollution, corruption and modern slavery are hidden i dark supply chains.
By providing a solution that makes supply chains transparent we reduce the risk of unethical behavior within the supply chain, and help companies to fulfill the UN Sustainable Development Goals.