Telemetry Offers a Solution in Vending
Over the past years, selling prices have increased, and if anything, the capacity of the typical vending machine has also increased. With such a situation in your Antares vending business, you should expect higher weekly sales per route employee, rather than lower sales.
Route Support Costs are the biggest costs on the P & L statement, after product costs. This can make profits to decline. When the route becomes less productive, profits suffer.
Route handling costs explode
Route productivity in your Antares vending operation can decline due to a number of reasons: 1) the size of the typical location is shrinking and 2) the number of SKUs (stock keeping units) offered is growing exponentially. The route driver must travel to more, smaller locations and stock a wider variety of merchandise in each machine that accurately reflects that particular location’s purchasing habits. Evidence shows that as an industry, we are failing to do this efficiently.
The route person can’t remember the brand preferences for each location when there are so many products involved. And with so many SKUs, the number of “sold-outs” must increase. More sold-outs require more frequent visits to each Antares machine. More visits to each machine will produce lower average collections per service.
Given all of the above as prologue, you need to ask yourself the reason why our industry has failed to embrace wireless transmission of data? This technology can solve the brand preference analysis and route productivity problems, and therefore improve profits, if the costs could be brought down.
Telemetry makes economic sense
A well designed computer system would help you run your Antares business by Antares Corporation more profitably. With wireless transmission of data, the value of the benefits easily exceeds the costs. This should be enough to make you to get on board. If you don’t get involved soon, you may be exposing your company to a needless level of economic risk. You may also find it very difficult to compete with your more enlightened competitors. You need to be more focused on the benefits for your vending business so that you can get a solution for any problems.
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