Navichain’s product and service management feature centers around a centralized registry. This registry allows users to create and manage all products, including physical goods, services, and virtual products. When creating a new product or service, users can input details such as name, description, and associated images. For physical goods, details like price, item number, and stock levels can be specified.
For services, the platform allows for the definition of complex price tariffs based on a variety of configuration parameters. This includes specifying different pricing structures, such as fixed fees, hourly rates, or tiered pricing, and linking these to specific service attributes. For example, a service price could depend on factors like duration, location, resources required, or customer type. Service products can also be categorized and tagged, enabling efficient searching and sorting within the registry. Virtual products, representing digital offerings or entitlements, can also be defined and managed within this same registry.
The system supports different product and service interactions, including buying, selling, or both, providing flexibility for various business models. Additionally, the platform allows for the assembly of existing products and services to create new composite offerings.
