PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for September 19, 2003 Subscribe to this News Feed    
 

Vend Audit Controls Launches Dedicated Equipment Management System for Product Manufacturers who offer Equipment to Vend Operators

Dedicated Vendcheck Provides Total Asset and Productivity Control of Dedicated Vending Equipment

Miami,FL. (PRWEB) September 19, 2003 --- Jeff Stubins, president and founder of Vend Audit Controls, Inc., a Miami-based vending machine auditing and monitoring service, announced today an asset and productivity management tool for product manufactures who provide dedicated equipment to vend operators. Dedicated VendCheck ensures that each machine provided to the operator is productively deployed. The Dedicated VendCheck system allows the manufacturer to eliminate virtually all of the manual work done today, while minimizing the amount of time that the operator must take to complete the required forms and reports. Dedicated VendCheck eliminates all the guesswork and estimates because the information comes directly from the resident DEX unit within the machine.

All too often, dedicated equipment productivity is not properly measured by the equipment manufacturer due to lack of training, personnel or time," said Stubins. Its not easy to breakdown this data and the process can be complex and time consuming for both the vend operator and the product manufacturer. By the time the data is compiled and consolidated, the information is often dated, making the data less valuable than it could be. Equally as important, our system will immediately highlight underperforming, as well as non-performing assets, which can then be quickly redeployed to more productive sites or perhaps even to other operators," added Stubins.

Dedicated VendCheck uses DEX technology to automate the asset control process for the manufacturer by producing quick and easily usable business metrics reports on a manufacturers dedicated machine base. There is no significant training for the operator and the process is as simple as pushing the button on a simple DEX reader. All data remains confidential and the information is revealed only to the product manufacturer.

Dedicated VendCheck provides manufactures with reports on the following business metrics for their equipment manufacturer:

•   Revenue generated per dedicated machine
•   Total equipment productivity per vend operator
•   Asset productivity and control by machine
•   Productivity purchases to revenue per machine

Vend Audit Controls will not be collecting commission rate information as a part of this service nor will VAC monitor these machines for commission rebate compliance

Dedicated VendCheck provides valuable benefits to both the vend operator and the dedicated equipment manufacturer," added Stubins,    including:

•   Eliminating the guess work out of measuring individual vend machine productivity
•   Efficiently managing dedicated machines so that when appropriate they can be quickly identified and more productively redeployed.
•   Monitoring equipment to ensure that all pieces are being used as contractually obligated
•   Ensuring that machines meet revenue targets
•   Removing the reporting burden from the vend operator. This then provides operators with more time to focus on their business -- rather than complicated reports

Before Dedicated VendCheck, there was no reliable cost-effective way for a manufacturer to monitor their dedicated machines, or to gather accurate productivity and asset control reports on a regular basis without making calls or actual site inspections," added Stubins. Dedicated VendCheck provides the dedicated equipment manufacturer with reports that they can use to manage their business better."

Vend Audit Controls will be meeting with product manufacturers at NAMA 2003 to discuss their needs in greater detail. Pilot programs are already under discussion. . For more information, or to schedule a meeting, please contact Jeff Stubins at, 877-238-3065 or visit their website at www.vendauditcontrols.com.

About Vend Audit Controls and its Founder
Vend Audit Controls clients include school systems, major retailers, government facilities, managed accounts, and other high volume accounts.
.Stubins is no newcomer to the vending refreshment industry, or the vending software development arena. He has developed and has been a beta-test site for multiple vending accounting systems, and has more than three decades as a successful vend owner/operator. As an operator, Stubins was a long-term participant in National Automatic Merchandising Association (NAMA), and a past president of Automated Merchandising Association of Florida (AMAF).
###

OPTIONS
Printer Friendly Version
Email this story to a colleague
CONTACT INFORMATION
Alec Rosen
Ajr & Partners
786.457.6680
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.