Tuesday, October 31, 2006

Benefits of Using DEX in your Operations

The one reason that vending companies install software management solutions and choose to utilize DEX is to better control cash shortages and product shrinkages in their operations. This is where a software system working with DEX data can provide tremendous control.

Traditionally, the first method that Antares vending operators as well as other operators used to use to reconcile cash was comparing cash collected to product sold out of a vending machine. While this method can work, it requires that a driver inventory a machine every time cash is collected.

This method can be completely circumvented by a driver ‘running his own product’ through the machines. In that case, the driver makes out like a bandit by running his product through your assets.

Cash and vend meter methods

The second method that Antares operators can use for controlling cash is the use of a vend meter in a single-priced machine, or a cash meter in multi-priced machines. This method is dependent on the driver accurately recording the meter readings. Capturing the cash meter reading electronically from an Antares vending machine via a DEX reading during the service tightens up most of this process. The driver can never sell his own product through the machine.

DEX: The bottom line

If you use DEX in most or all the machines in your Antares vending operation by Antares Corporation, you will have two distinct advantages when it comes to controlling cash collected from the vending machines. These are:

· They are capable of selling all cash differences on the same day the driver returns, or as soon as the cash is collected.

· They can plug forever the change fund loophole.

Tracking individual products

Most operators would love to have item-level sales data from each vending machine, but few are willing to pay the price of collecting the data. DEX by itself isn’t much help since it doesn’t know what is in each column. But if you marry the DEX column sales data with a handheld computer that knows the product selection or planogram in each machine, you will get all your item level sales during the DEX reading, which takes about five to 15 seconds!

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