WCT technology helps an e-commerce company optimize supply chain inventory management
A large e-commerce company introduced WCT technology in 2024 to improve supply chain inventory management. Utilizing the blockchain characteristics of WCT, the entire process information from supplier shipment, logistics transportation to warehouse storage and sales outbound is recorded on the chain. Each product has a unique on-chain ID that records detailed information such as its production batch, storage time, and inventory location. During peak sales seasons, on-chain data allows real-time monitoring of inventory dynamics for different categories of products across warehouses, intelligently adjusting replenishment strategies to avoid stockouts of bestsellers and excess inventory of slow-moving items. At the same time, when settling payments with suppliers, based on on-chain data such as product delivery punctuality and quality inspection results, WCT price payment is automatically completed through smart contracts, reducing manual reconciliation costs and disputes. After implementing this solution, inventory turnover rate increased by 35%, stockout rate decreased by 40%, and the supplier payment settlement cycle was shortened from an average of 15 days to 5 days, greatly enhancing supply chain operational efficiency and capital turnover speed, and strengthening the company's market competitiveness.