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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.

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

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.

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

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