Everything there is to know about an Industrial Vending Machine

The industrial vending machine is an equipment that offers point-of-use access to the industrial supplies while simultaneously creating detailed usage reports that help in reducing the inventory consumption. Users scan their ID or fingerprint to issue the items required, allowing the machine to generate accurate transaction reports in real time.

Industrial vending machines automatically track all transactions and costing data—including the cost center, department, customer number, and more. They equally provide a secure 24-hour access with employee accountability for the purpose of accountability. According to ivm-vending.eu an industrial vending machine is used in the following ways:

  • Automate orders – Automated POs reduce purchasing costs, which guarantees that your critical inventory is in-stock.
  • Reduce spending – An industrial vending machine reduces spending by at least 20 percent or more through inventory reporting and employee accountability.
  • Boost productivity – These machines can be positioned at the point-of-use in order to minimize long walks to the storeroom. Business can, therefore, offer secure 24/7 self-serve access to inventory without the need for additional staff.
  • Inventory accuracy – Machines allow you to make informed choices by the use of up-to-date inventory data. The use of scattered and out-of-date spreadsheets can be costly for a business owner due to human errors that are bound to arise.
  • Access controls – Vending machine can effectively prevent unauthorized use and theft. It manages access controls by department, employee, budget spending, job, and more.

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Buying Guide for an Industrial Vending Machine

If you’re planning to start your vending machine business, it’s imperative to pick the right type of equipment that suits your needs. Here’s how to buy an industrial vending machine:

Types of tools and supplies to store

This is a vital consideration when buying a vending machine. Would you like to have a one-stop vending machine that stores different items? Or perhaps you’re planning to store single items like aprons, gloves, or tools? The decision on whether to choose a machine that dispenses one item or different items depends on the type of business you’re looking to start.

Vending machines that dispense one type of item come with their benefits. For instance, it’s easy to monitor the usage of supplies with a machine that dispenses a single type of item. Nevertheless, purchasing one vending machine that dispenses different types of items can be cost-effective and spares a lot of space.

Choose the ones with energy-efficient lighting

Opt for machines boasting T-8 lights with electronic ballasts. Usually, these fixtures provide energy savings of up to 15 percent. Under this category, consider vending machines that have improved or thicker insulation. The increase in insulation thickness along with the insulation quality can significantly reduce heat transfer and energy use.

Choose a machine that spares your space

This is particularly imperative for those with a limited business space. You may opt for a rectangular vending machine, which can be simply installed beside the wall to save some space. Don’t pick square vending equipment as it occupies a large floor space.

Choose a model with better-insulated glass

Vending machines comprising of three-pane, argon-filled, low-intensity glass provide two times the overall insulation value of the standard two-pane, air-filled glass.

Automatic inventory feature

Always ascertain that the vending machine automatically adds and subtracts the items. You don’t need to handle the calculations manually because a vending machine should be able to handle these things with absolute ease. Similarly, opting for the equipment that sends you a notification when the supplies are running out can be a crucial decision.

Dispensing efficiency

Be sure that the machine you buy dispenses the items expeditiously, particularly if you have got a big business with many employees. It’s also essential to stock your items appropriately to prevent unnecessary delays. For instance, make sure that the right and left gloves are stored alternatively for more convenience.

Additional factors include the following:

  • Know what to sell – Apparently, it’s important to know the products you need to sell prior to purchasing vending equipment. Research is the key. Vending can only be a profitable business if you’ve got the best equipment with the right products positioned at the right location. Choosing inappropriate products for a vending machine poses a huge impact on your business.
  • Find the foot traffic – This should actually be the very first aspect to consider for vending machine owners. Choose a place with good traffic in which most people often frequent. These are your potential customers. People that walk by a vending equipment are tempted to make an impulse purchase. Therefore, increasing the number of potential clients results in an increase in total vending sales.

Vending machines thrive in locations where there are large amounts of foot traffic. For instance, places where there are malls, busy offices, and airports have pretty good traffic. In addition, always place your machine in a visible and accessible location where your potential customers can see and possibly buy your items.