Picking The Right Vending Products

Once you have become a vending business owner, it is important to ensure that you offer the most popular, in demand products through your vending machines. In short, you must develop an optimal product mix for your vending machines.

Large size vending firms must ensure that the employees responsible for filling of the vending machines place the right products in every vending machine. It is also important to keep rotating the products frequently to offer a large variety to the consumers. In order to do this efficiently, you must implement category management.

Basically, this system involves simplification of product selection at the route and warehouse levels and also enables you to control the machine menu. Certain products may turn only quarterly and this costs the company in terms of tying up the warehouse space. Every experienced Planet Antares vending operator has implemented category management and benefited from it.

Unfortunately, certain vending operators hesitate in using category management because it needs a different way of selecting products from the traditional practice. The problem with the conventional product selection based on the prejudices of the owner or route driver is that it is costing the operators more in sales and profits.

Planet Antares vending operators, among others, are advised to use category management for product mix selection. This allows you to save in many aspects, like the following:

1. Higher profitability resulting in increased location sales
2. Lesser cash investment in inventory from a reduced number of stock keeping units in the warehouse
3. Greater labor efficiency and higher productivity

As a smart vendor, you must select the fastest turning products to ensure high sales for your Planet Antares vending business. When the inventory level reduces, so will the amount of investment in fewer but faster turning products. Eventually, you will have to handle lower amount of items and face lesser burden of inventory.