Page 132 - Systemic Reform Solutions
P. 132
X-CHANGE
The xChange system incorporates several systems and
numerous components. And will be the order processing and
distribution center of the system; as well as the Real-Time-
Demand Inventory and Supply Management System for the
Standard Needs market, the iWaut (I Will Accept Universal
Tender) market, and the Black Market.
The xChange ensures price stability with use of the Willit
compensation system. Willit compensation standards are used
to determine base price requirements, also known as the True
Cost of provision -- from raw material, to finished product, to
delivery.
The Real-Time Demand Systems will ensure resources are used
for their best use, so resources do not sit idle in a warehouse or
on store shelves.
Once a product or service is entered in the virtual market place,
the end-user must pay, at minimum, the BEE Rate and the cost
of delivery for non-Standard Needs goods and services.
Figure 16 displays the process of exchange.
1. Corporate compensation paid to an individual
2. Deposit of compensation into the account of an
individual
3. Purchase of an item
4. Transfer of funds for a product
5. Inventory System Management
6. Shipping of the good to the individual
See enlargement beginning on page 123
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