When it comes to the maintenance of your vending machine inventory, you can’t get away with a standard spreadsheet. In this age of computers and the internet, creating a spreadsheet for this type of information is like going back to the old days of having typewriters.
Having a spreadsheet with you when you make a purchase, or when you make changes to your vending machine inventory is only going to get you so far. Most people that buy their machines from dealers aren’t just purchasing them for the business that they sell them to. They are buying them because they want to try them out first, or perhaps they will use them at their store to see if they are a worthwhile investment.
This is a very important area in your inventory, but you really can’t afford to take it for granted. If you don’t use it regularly, you are wasting both time and money. This is why it is important to invest in a specialized database to handle this type of information.
You need a tool that will be able to support your needs. A spreadsheet is best, but you need to think about how you will be accessing your data. Some software packages allow you to have access to your inventory from any computer using an Internet connection, and this can be a real time saver.
Just remember that you will still need to keep your spreadsheet up to date. The economy may be slowing down, but as long as your machine’s keep going to the location where you send them, you will always need a current inventory. Vending machine inventory is all about keeping the sales coming in.
Your inventory has to be current because if you aren’t, it will reflect what you sold in the previous year and not what you’re selling now. You need to determine what machines you have, and what machines you do. Be sure to give yourself enough space to add to your machine inventory in the future, and make sure to update the spreadsheet regularly.
You don’t want to be scrambling around trying to figure out what machines you need to meet your vendor’s needs. A spreadsheet that includes information on the machine you have to purchase, what machines you should purchase, and what machines you should sell can save you time. It will also help you stay on top of your business.
Once you purchase vending machine inventory management software, you’ll find that it will make your life a lot easier. You will have all of the tools that you need to manage your inventory. Vending machine inventory is no longer a chore, but rather a fun way to increase your profits.