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Tuesday, May 19, 2009

Technology and Planet Antares Vending

Most of the vending operators cannot make profits with accounts having less 50 employees. If you want to reap profits from your Planet Antares vending machines you should plan and develop a system for that. A careful review of sales per stop and service frequencies should be made to get the desired data for planning.

Not much gross profit is offered by smaller accounts in dollars to capitalize your investment as the larger accounts but the good thing is that you don’t have nearly as much sales volume concentrated with a single customer. Even with small accounts, you can exceed the NAM operating ratio average.

Through an effective route management a Planet Antares vending account can reap profits. Recently, many vending operators have either given up on the small account market or have shifted to smaller vending machines and servicing them in frequently. An accounting system can be very effective in scheduling up routes based on historical data for vending machines.

While servicing vending locations, labor cost is a critical factor to be considered. By leveraging labor productivity gains, you can capitalize equipment investments with smaller than “industry standard” account sales volume. The account servicing depends on the sales volume. To determine the service frequency, sales are monitored for a period of six months.

Closed front vending machines should be services at 60 percent sell-off. This means that only 40% of machine needs to be filled at the time of service. Glass front vending machines are allotted a different sell-off ratio due to the negative consumer perception caused by empty spirals in these machines.

Handheld computers are proven one of the best devices for tracking date. Databases can be developed to plan route scheduling and working around with the calculations to plan service schedules. This can be done by griding up the most effective schedule.

It is highly recommended to use category management and use computerized data collection and manipulation to make your vending business a success. Technology can also be used to have your smaller vending accounts turn into profit making ventures.

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