Vending

Securing prime locations, providing reliable service at minimum costs, effective merchandizing and nourishing customer relationships are the most important factors influencing the profitability of vending operators.

In this labor-intensive industry large companies can offer a wide product selection, service large accounts, and enjoy scale advantages in purchasing, finance, and distribution. Small companies can compete effectively by serving a local market, providing superior customer service, or offering unique products.

We can help vending companies increase competitiveness and reduce costs by providing them with remote inventory management, cashless payment and advanced mobile asset management solutions.

Improve operational efficiency with Mobile Asset Management and Remote Inventory Management Solutions
Managing vending machines in multiple locations or routes requires drivers travel to travel to each location and record sales, rotate and restock products, collect money, and if needed to service machines.

Open technology and data standardization help vending companies operate more efficiently. The Data EXchange (DEX) protocol provides an electronic standard for recording vending product movement, inventory, and sales information. The multi-drop bus (MDB) standard ensures payment devices can interface with any vending machine, regardless of manufacturer.

With Margento Remote Inventory Management the visibility into each machine is enabled, helping operators identify product shortages and machine malfunctions in real time.

Combined with the Telargo Resource Scheduler, a specialized solution for planning and optimizing delivery routes, vending companies can provide better service with less resources at lower costs.

Increase revenues with Mobile Payment Solutions
Vending used to be described as coin-driven business. The Webster Dictionary describes vending as “providing service at an unattended point of sale through the use of monetarily-driven equipment".

Cashless transaction capability and remote monitoring have provided new tools not only for improving traditional vending, but for vending whole new categories of merchandise. Margento provides vending machines with options for Proximity Payments - supporting micro and macro transactions and Server Based Wallet - any type of SVA.

With its ability to turn any mobile phone into convenient, reliable and secure transaction instrument, people can not only pay for products much easier and faster by just using their mobile phones, they can also participate in different Bonus and Loyalty programs, giving vending companies the opportunity and tools for incentive marketing and brand building.