Planet Antares

Inputs to make your vending business work. A special insight on Planet Antares Vending solutions

Tuesday, September 12, 2006

Changes in the Vending Industry

The vending industry has changed over time, and that means that you as an Antares vending operator will need to change as well. The market place for vending is experiencing more change than most others. Today’s economic conditions and fierce competition have resulted in an environment that is markedly different from that experienced in past decades.

You need to align your Antares operations with the changes that are taking place. To do this, you need to have a strategy in place. In order to survive you will have to make money at smaller accounts, achieve higher per capita sales, open new markets, introduce new products, utilize technology, sell new locations, and most important of all, you must tenaciously hold on to your existing business.

Concurrently, you must operate as efficiently as you possibly can and become absolutely relentless in smoking out waste and inefficiency.

The demise of any business is an insidious process; it may seem you’re just in a slump or just going through a streak of temporary bad luck. However, when this condition continues unchecked, it robs the organization capital.

As an Antares operator, you will have the Natural Choice program to guide you in your vending operations. There are a number of changes that are taking place in the industry and you have to find strategies of coping with these changes. To cope with some of these changes, you will have to invest in certain technologies.

Future challenges for your Antares operations cannot be addressed without discussing profit drains. These days, theft and fraud know no bounds. If you think your business is immune, think again.

No vending business can afford to operate today without strong controls and preventative measures in place. Smaller businesses are more vulnerable because they typically lack the secondary controls and procedures that are in place in large corporations.

Software has given Antares vending operators the opportunity for more control over route and warehouse inventory than ever before. This has allowed the Antares operators to bring in more profits in their operations.

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