- Cema Refreshments
- Unit 5 Pintail Close
- Victoria Business Park
- Nottingham
- NG4 2SG
Anyone with a vending machine will know exactly what an excellent source of passive income they can be. They provide a low-maintenance way to offer staff members and customers the food and drink they need with minimal expense.
However, it is important to stay on top of your vending inventory to ensure it is fully stocked with the right products in order to continue making you money. Make sure to bookmark our helpful guide to help you understand the best way to audit your vending inventory!
Vending machines are popular in public spaces and workplaces, as they provide a convenient way to refuel and refresh. Anyone can make a contactless payment and get their hands on their favourite snacks, drinks, and fresh food in seconds.
However, if the vending machine is not fully stocked, or is stocked with the wrong items, not only will you miss out on a sale, but you could also lose out on long-term custom.
It is incredibly important to monitor stock levels using real-time monitoring systems to reduce the risk of selling out. These systems are often available through your vending machine setup and allow you to keep track of what is in the machine and what you have stored in the stockroom, so you can place new orders at the right time and ensure you never run out of anything.
It is also important to track the sales patterns of your vending machine, as this can help identify the items that are in the highest demand. Not only are these likely to sell the quickest, but you may also want to include more of them in the machine. This could involve exploring different flavours or adding low-sugar or sugar-free options if they are available.
It’s not only the best-selling products you need to watch, but you also need to identify the items that move more slowly. These are likely to be less popular, and you may want to order fewer of them or remove them from your offering altogether.
Your sales data is also important when considered alongside use-by dates. Many pre-packaged items have a long shelf life, but fresh food is likely to go out of date more quickly. You therefore need to analyse your sales patterns to understand whether your stock is likely to sell before it expires. Implementing a first-in, first-out (FIFO) system will help ensure older inventory is used before new stock.
If you’ve installed a vending machine in your business, chances are you did it to cut down on your workload. The idea of tracking inventory manually may not be appealing, so it’s important to set up automatic alerts to reduce the effort involved. These alerts will notify you when stock levels are running low, so you can restock at the right time without having to constantly monitor the figures.
Vending machines are only as good as the stock they carry, so it’s important to have systems in place to help you stay on top of inventory. By not only keeping a close eye on your stock levels but also understanding your sales patterns, you can ensure your vending machine is always fully stocked with the products your customers want.
As vending machine suppliers, we can not only provide you with the perfect vending machine or coffee machine for your workplace, but we can also keep it fully stocked too! Our goal is simple: to maximise your profits while keeping staff and customers happy.
Contact us today by phone 01157 845 845 , email sales@cemarefreshments.co.uk or by filling in our contact form.