As the vending industry evolves, so do the tools and technologies available to help operators manage their businesses more effectively. One such technology is telemetry, which has become increasingly important in the vending industry in recent years. Telemetry is a system of wireless communication that allows multiple vending machines to transmit data to one central system in real-time, providing operators with valuable insights into their machines’ performance and enabling them to manage their businesses more effectively.
With telemetry, information travels seamlessly from the vending machine to the telemetry card reader via the MDB protocol, and is received by management software, providing operators with a simple, birds’ eye view of their business. This is especially helpful for operators who have multiple machines and would like an overview of how their business is doing.
Nayax, a leading provider of cashless payment solutions for the vending industry, has developed a powerful vending management and telemetry solution that can help vending operators improve their operations in a number of ways. Here are just a few of the benefits of Nayax’s vending management system:
Real-time Data
Operators can access real-time data on their machines’ performance, including sales data, inventory levels, and machine status and temperature levels, machine down-time, and more. Operators can set alerts for any major issues, making sure that they are informed whenever there is an adverse issue with a machine so that they can act quickly and reduce the amount of machine downtime.
Remote Management
Nayax’s vending management system comes with an app that allows operators to manage their machines remotely. With real-time data and alerts, operators can know when they need to visit their machines and plan accordingly instead of performing routine visits. This helps them save time and reduce machine downtime.
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Inventory Management
One of the most time-consuming tasks for vending machine operators is inventory management. Knowing which products you have in which machines, and how many need to be restocked at each visit is a lot to keep track of. But with telemetry and a vending management system, operators can manage all of their inventory needs within the system with the following features:
Product Maps
These allow operators to create a map of which products are placed where in their machines. These can be easily duplicated and edited for operators with multiple machines.
Picklist
These allow operators to set amounts for each product on their product map so that they can keep track of stock levels.
Inventory Alerts
Creating picklists and adding thresholds allows operators to create customized alerts that let them know when stock levels for a particular product at a particular machine are running low. This allows them to better plan and organize their machine visits, so that they know which products to bring to each machine when they restock.
In conclusion, telemetry is a powerful tool for the vending industry, and Nayax’s vending management system is one of the best solutions available on the market today. By providing real-time data, remote management capabilities, and inventory management tools, Nayax’s solution can help vending operators improve their operations in a number of ways. If you’re looking to take your vending business to the next level, consider investing in Nayax’s telemetry solution today. Contact us for your free consultation.
