Designing Product Mix For Planet Antares Vending Machines
As a Planet Antares vending operator, you need to be sure that you offer the most demanded product mix. If this task is performed by some employees, make sure that they place the right products in every vending machine. You must also rotate the products frequently to offer a large variety to the consumers. To accomplish all this, category management will be required.
In simple words, category management is a system that simplifies product selection at the route and warehouse levels and also enables you to control the machine menu. Several products only turn quarterly and this costs the company in terms of tying up the warehouse space.
Actually, some vending operators hesitate in using category management due to the need for 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. Product mix selection must be made through category management by Planet Antares vending operators.
You can save in many aspects by using category management, 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
When you choose the fastest turning products, you will be able to ensure higher sales for your Planet Antares vending business. As the inventory level reduces, so will the amount of investment in fewer but faster turning products.
In the end, you will have to manage lesser number of products and face lower burden of inventory as well as chances of error.
Labels: planet antares, planet antares vending
posted by Karola Marx @ 6:32 AM
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