Deep in the heart of Texas, just outside Austin, is the Berdoll Pecan Farm. A 340-acre farm with over 100,000 pecan trees that grow a variety of pecans. It's pretty hard to miss if you're driving down Highway 71, as their unique roadside statue--a giant squirrel holding a pecan--aptly marks its location.
How many times have you stood in front of a vending machine trying to get it to accept your dollar bill? Probably more than you care to admit. We understand your frustration. Any cashier would gladly accept the same dollar bill, so why won't the vending machine take your money? The answer is at once complicated and simple, and lies in how the dollar bill validator works.
How come we can't get a vending machine for every location? It's one of the most common questions we get from customers in our vending management programs. If our agreement is to manage vending for all the properties in a company's portfolio, then every property should have vending, right? The answer isn't necessarily clear-cut. It's actually a bit of a gray area that involves a variety of factors.
Vending machine technology has made significant strides in recent years. The days of managing account information on paper are long gone, and it's now easier than ever for vending companies to track, measure, and service locations.
Thanks to the development of new software programs, operators are given a bird's-eye view of their entire business all the way down to specific items in the machines. But what does this mean for consumers?
The rollout of a new vendor program for your organization is a big deal and often met with mixed feelings.
On one hand, it's exciting. You've spent weeks or even months negotiating an agreement with a supplier and now you're ready to implement their service. On the other hand, it can be scary. There's a lot at stake, so what will happen if it doesn't work out as expected?
One of the most valued skills in vendor management is negotiation. Careers can be made through artful negotiating if it gets your company the deals it needs in order to grow and be successful. For some people, it comes naturally. For others...not so much. But that's okay. Becoming a strong negotiator isn't determined by your DNA. With these tips and some practice, you'll be able to negotiate with any supplier with the confidence needed to close the deal.
As a vendor management service with a focus on vending machine services, we work with more than 1,500 suppliers across the United States. That's a lot of suppliers and vending revenue to manage. To do that effectively, we use a few tools such as a proprietary SQL database, QuickBooks, and MS Excel.
You or a previous manager signed up for vending machine services at your property some time ago. Things were great for a while, and your staff, customers, or residents had a convenient way to purchase drinks and snacks.
We work with a lot of vending machine companies across the United States. As in, more than 1,500. In our more than twenty years of service, we've learned to be quite selective in choosing a supplier to work with. This allows us to provide the best vending services available for our clients from coast to coast. But how do we know if a supplier will be good?
Ask any procurement or purchasing department employees what their number one goal is and they'd probably say saving money and time. Whether it's for raw materials to make your products or ancillary services to support day-to-day operations, supplier management can be expensive. As everyone likes to save money, consider these tips to cut costs in your supply chain management.