Decreasing purchasing costs is one way that a supplier can reduce overall overheads. Reviewing stock levels in replenishing stock through an automated system of ultimately cause the supplier to save money on the wasted time and save opportunity cost from a customer buying or wanting to buy a product that appears out of stock. Stock that it's left in the warehouse is actually dead money because it's not able to be sold if it is not listed properly on the e-commerce site.


A customer will not be able to purchase that product despite having the intention to do so. Omnitudewill help businesses replenish stock at a much quicker pace because the blockchain will be able to reduce latency and lag time and have more accurate readings in real time data.