Wednesday, November 14, 2007

Vending Business Technology: GPS

Advances in technology have led to a great number of innovations in the vending machine components and functions. In the United States, vending operators have been investing in new techniques like cashless payment technology, bill validator, etc. Another technology which is witnessing growth at a fast pace is the Global Positioning System (GPS). This enables satellite based monitoring of your vending equipment.

Planet Antares vending machines come with the GPS technology incorporated in them. The other technologies can also be used to make your vending machines perform better than the competitors. If you plan to become a vending machine operator or have already established a vending machine business, there can be many benefits of using the GPS technology in vending equipment.

1. You can get updated information about the driver and vehicle activity including service stops and vending route variations. Check various GPS systems available in the market to ensure that it is worth investing in for your Planet Antares vending machines.

2. Another advantage of using this technology will be in the form of fuel saving. This happens when the GPS system monitors the company vehicle movements to ensure that it isn’t being misused.

3. The speed of the vehicle can also be verified through this technique to avoid fuel wastage or excessive speeding as well as ensure efficient routing.

4. Other benefits include increase in employee accountability, faster response time, lesser wear and tear of vehicles and improved customer relations.

While the upfront cost of getting a GPS system is quite high, the benefits raped by vending operators on using it will make it a worthwhile investment. Not only will it help in business optimization but also, increase the level of customer satisfaction. This means higher profits though more sales and effective use of resources.

Basically, you can invest in two types of GPS systems. These include:

Active system Here, cellular telemetry is used to submit the data to the main office or headquarters. This may also be transferred to a website so that the subscribing company is able to view fleet activity in real time.

Passive system In this case, the data will be uploaded to the main fleet computer after the vehicle returns from vending route to company office. Until then, it is stored for retrieval in drivers. It also incorporates a two way tracking system using low orbit satellites to allow communication between managers and drivers.

If you are thinking of ways to beat the competition or cut operational costs or upgrade technology in your vending business, the GPS system can be an effective solution. In the long run, it will enable you to save more while maximizing the potential for profits.

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