Tuesday, January 20, 2009

Planet Antares Guide To Optimal Product Mix

If you are a Planet Antares vending operator, you will always be aware of and offer the most demanded product mix.

It is your duty to ensure that the right products are placed in every vending machine at different locations. Another important function is to rotate the products frequently to offer a large variety to the consumers. All this can be undertaken through category management.

The system of category management simplifies product selection at the route and warehouse levels and also enables you to control the machine menu. Different products many turn only quarterly and this costs the company in terms of tying up the warehouse space. As a result, experienced vending operators like Planet Antares vendors prefer utilization of category management.

However, several vendors still hesitate in using category management because it needs a different way of selecting products from the traditional methodology. The conventional product selection is based on the prejudices of the owner or route driver and costs the operators more in sales and profits.

Planet Antares vending operators, among others, must prefer using category management for product mix selection. This system can enable you to save in many ways and aspects of your business, 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

You will be able to generate higher sales in your Planet Antares vending machines by selecting the fastest turning products. 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.

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