The Vending Machine Management System is an application and IoT device based solution that allows vending machine companies to better manage inventory and payment transactions.
Digital Payment Gateway
KPI & Data Analytics
Common issues with traditional methods
A lack of transparency within vending machines regarding inventory stocks, consumer behaviour, and maintenance is not present and entails unnecessary cost that can be significantly reduced.
Lack of Live Inventory Information
Outdated and manual processes entail human errors, delayed processes, are non transparent and much more.
Lack of Analytical Reporting
When systems are not interconnected, there is a lack of analytics revolving import and export orders, KPIs, updates, and more.
Lack of Transparency on Machine Conditions
Traditionally, custom processes lack the ability for real-time updates, alerts and notification of import or export activity.
Our Approach to Vending Machine Management
An end to end solution for vending machine companies to retrofit their existing vending machines with IoT devices secured by blockchain technology, which can be integrated into their legacy ERP systems.
Effortlessly access analytics (performance and revenue stats), and monitor the conditions of vending machines for seamless operation management.
Get holistic/individual vending machine inventory status.
Get insights on vending machine health status.
Auto gendered performance sales reports.
Get insightful data on consumer analytics.
Driver Mobile Application
The driver application will provide the driver with information on inventory levels in the vending machines and will send real time stock-out alerts to the drivers. The driver application will also utilize inventory details to optimize route plans for pre-kitting thus saving time and fuel.
Plan and manage inventory levels to avoid stock outs.
Optimize truck loading and reduce unnecessary product moves to avoid product damages.
Optimized Trip Planning
Drivers application utilizes inventory details to optimize trip planning reducing products spoilage and lowering operation cost.
Receive real time vending machine out of stock alerts.
Customer Mobile Application
The Customer Mobile App enables customers to better access vending products for a greater customer experience.
Search for nearby vending machines.
Make cashless payments.
Earn loyalty points.
Automated Maintenance & Inventory Management
Through smart contracts and IoT devices, machine maintenance and inventory management can be converted to automated processes.
Performance Analytics & Reports
Discover data related insights through auto generate analytics reports on imports/exports, operation activity, purchase habits, and more.
Allows for inventory, optimized trip planning and provides automated alerts for out of stock machines.
Customer Mobile Application
Customers can leverage the mobile app to find machines, make cashless payments and earn loyalty points.
The Building Blocks to Vending Machine Management
Technology & Tools
– Blockchain (Smart Contracts)
• Stores transaction records and leverages smart contracts for inventory management alerts
– IoT Devices
• Provides connectivity to blockchain network for vending machines
– API Integrations
• Existing ERP systems can be easily integrated
– On-premise / Off-premise
• Flexible options for facilitating application on and off premise
– Mobile and Web Application
•All relevant stakeholders will entail their own application