07 Dec The Truth About Vending Management Systems
Vending Management Systems (VMS) help vending operators run their businesses more efficiently. Remote machine monitoring combines with optimize tools that help operators spend less, sell more, and optimize their operations. But just how much can vending management systems help your business?
We examined real data from Parlevel’s vending management systems to give you an idea of just how much your business can benefit. Powerful tools like prekitting, dynamic routing and product merchandising can help you gain greater control over your operation and run a more successful business.
Vending management systems remotely track machine information, so you can know what is going on with your machines when you aren’t there. This includes machine inventory information. You can view inventory count of each slot in each machine from your phone, computer, or tablet. This means drivers no longer have to manually count product at a machine. You can pack exact product for machines ahead of time, which decreases machine service time. This is called prekitting. Prekitting with Parlevel’s vending management systems led some operators to increase their overall route service efficiency up to 100%.
Operators with a vending management system can also expect to see increased sales. A VMS can inform you of what products sell well and what products sell poorly. Armed with this knowledge, you can easily offer products that your customers enjoy, and pull products that aren’t moving. Effective product merchandising with a VMS can increase your machine sales by 10-15% in the process.
When a machine is selling more product, it accumulates cash more quickly. It also means products are selling out faster. With a VMS, operators can see how much of each product is left, and how much money a machine has collected since its last service. This information lets you dynamically route your machines – you service machines only when they need to be refilled or cash should be collected. Dynamic routing through a VMS helps you collect almost twice as much money from your machines.
For more information on Parlevel’s VMS, head on over to parlevelsystems.com/vms