
Vendor Managed Inventory
Smart Contract verifies consumption of items dispensed from inside a machine.
Smart Contract verifies consumption of items dispensed from inside a machine.
The Vendor Managed Inventory Smart Contract leverages consumption-based logic to allow customers to move from a bulk purchase model to pay on a consumption model. Historically, inventory has been billed in bulk and paid for in advance. The smart contract verifies consumption of items dispensed from inside a machine to alleviate funds earmarked for projected consumption and reduces reconciliation of product.
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