Deriving Product Mix For Planet Antares Vending Machines
Planet Antares Inc attaches great value to determining and providing the best product mix for vending business. If some employees are responsible for filling of the vending machines, make sure that they place the right products in every vending machine.In the meantime, you must rotate the products frequently to offer a large variety to the consumers. To accomplish all this, category management is a must!
Basically, this is a system that simplifies product selection at the route and warehouse levels and also enables you to control the machine menu. Certain products will only turn quarterly and this costs the company in terms of tying up the warehouse space. Experienced vending companies like Planet Antares Inc will always recommend category management to you.
On the other hand, several 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.
Using category management allows you to enjoy certain benefits, such as:
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
Go for the fastest turning products and you will witness a huge improvement in the level of sales for your Planet Antares vending business. As the inventory level reduces, so will the amount of investment in fewer but faster turning products.
Labels: planet antares, planet antares vending
posted by Larry Bunker @ 3:49 AM
0 Comments:
Post a Comment
<< Home