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INVENTORY

INVENTORY: Unique Online B2B Marketplace for Industrial Products

Total Cost €

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EC-Contrib. €

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Partnership

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 INVENTORY project word cloud

Explore the words cloud of the INVENTORY project. It provides you a very rough idea of what is the project "INVENTORY" about.

firms    create    approximately    efficient    revenue    retail    industrial    segments    commercial    highlighted    garmin    conduct    22    obstacles    total    brings    weaknesses    ventures    optimize    customers    solutions    winner    industry    business    first    entrepreneurs    base    brands    2014    nearly    suppliers    strengths    team    countries    inventory    smes    provides    online    point    watch    410    software    serial    visibility    innovation    start    wall    estonian    commerce    sale    market    redpoint    expand    2000    seed    walt    rww    connects    deposit    2009    service    compatibility    marketplace    time    sme    intral    saas    standardised    barriers    extensive       camp    nations    relative    journal    erply    shoproller    raised    competitiveness    client    companies    model    wholesale    bmw    automated    disney    company    recognition    street    size    index    feasibility    understand    services    sony    seeking    clients    experts    manufacturing    million    outcome    lacks    2010    owners    united   

Project "INVENTORY" data sheet

The following table provides information about the project.

Coordinator
AKTSIASELTS INTRAL 

Organization address
address: PARNU MNT 278
city: TALLINN
postcode: 11624
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Estonia [EE]
 Project website http://www.inventory.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-08-01   to  2017-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    AKTSIASELTS INTRAL EE (TALLINN) coordinator 50˙000.00

Map

 Project objective

Intral AS is an Estonian SME providing SaaS (Software as a Service) solutions for wholesale and retail inventory management and e-commerce solutions with the brands ERPLY and Shoproller. We have been established in 2000. The company brings together a strong team of serial entrepreneurs and industry experts.

We provide point-of-sale services to approximately 410 000 customers from nearly all countries with key clients like Sony, Walt Disney, Garmin, United Nations and BMW. ERPLY was selected as a winner of Seed Camp in 2009, highlighted as a start-up to watch by Wall Street Journal and RWW in 2010. The total revenue including firms related to owners was €10.5 million in 2014. ERPLY raised $2 million in funding in 2010 from Redpoint Ventures and Index Ventures.

INVENTORY is a business model innovation project with the objective to create the first online business-to-business marketplace for manufacturing SMEs, which connects industrial companies with new clients and suppliers across the EU. INVENTORY is targeted to 22 million SMEs in the EU who are seeking for opportunities to expand their client base and find new suppliers to optimize costs. As the outcome, the INVENTORY project increases visibility and competitiveness of SMEs on the EU market by creating conditions for an efficient market.

INVENTORY provides product recognition systems, standardised and comparable product information, real-time automated inventory management, deposit service, extensive compatibility with other software and simple set-up. These are all essential characteristics of an efficient and effective marketplace that current European market lacks.

The objective of the feasibility study is to identify and assess technical and commercial feasibility of INVENTORY. We want to conduct more extensive research on market size, growth and trends for different segments, understand better relative strengths and weaknesses of INVENTORY, analyse market barriers and to identify technical obstacles.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "INVENTORY" project.

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The information about "INVENTORY" are provided by the European Opendata Portal: CORDIS opendata.

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