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Why Inventory Management is Critical to Your Business

October 20th, 2016 | Posted by Elisa in custom vending machines | IDS | inventory control

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It used to be that the most an office employee could reasonably pilfer would be a few staplers and reams of paper. Maybe a really nice fountain pen. Now, with the influx of high tech gadgetry and peripherals required in nearly every professional setting, the danger of such supplies being stolen has become a serious financial consideration. iVendTech’s inventory management vending machines provide a simple way to stock, track, and account for any manner of office supplies.

The old school technique of keeping one open supply closet with all the requisite tools has disappeared. There is a need to trace each item used–particularly the expensive gadgets–and that requires a new method. Locked closets with a dedicated employee ‘gatekeeper’ only slow down valuable employees with paperwork and bureaucracy.  Using a customized iVendTech system will not only increase employee productivity, but it will also decrease overhead.

Every iVendTech machine comes with online real-time tracking, so management can see how often and how many of each item is actually used. That data can then be used to keep only the stock necessary, whether it’s a specialized tool or merely coffee supplies.

Accepting shrinkage and lost productivity as part of doing business is a thing of the past. Modern solutions, like iVendTech’s inventory management system, will both decrease costs and increase employee efficiency. Visit our website today to learn how we can customize a vending machine for your business needs!

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