The world of vending or automated retail, encompassing freestanding machines, table-top coffee machines, micro market retail corners, as well as workplace, public or on-the-go convenient food locations, is facing a crucial challenge.
Either relevant stakeholders within this industry evolve, adapt and embrace the full scope of digital capabilities offered by available technology, or they’ll keep on facing rough times in terms of operations efficiency (from field services up to heavy non-automated admin. and reconciliation processes) and bottom-line profitability.
To shape a better and prosperous future, we strongly believe and promote the following industry game-changing principles / axioms:
Machines are all connected and “talk” with their central system 24/7 (mobile technology will facilitate the transition)
Physical cash is dead. Automated retail is 100% digital (current world pandemic situation is the right time to move)
Low-cost and future-proof payment solutions interact with the consumer smartphone (no more heavy CapEx for physical payment devices) and the cash-out process ought to be seamless and friction less
EVA-DTS outdated data format replaced by a harmonized standard, with an extended data set, used and recognized by all stakeholders, and insuring interoperability up to back-end ERP systems
Vending is part of retail - any solution must provide for all sales channels, including retail PoS or micro markets.
1 unique system designed for multiple manufacturers - in other words, a shared innovative community promoting improved efficiency, coupled with huge savings in CapEx and OpEx.
Vending is about retail and end consumer engagement to acquire and retain loyal customers
Thanks to VEETAMINE, we'll make it happen. Our mission is clear: to remove current frictions and industry fragmentation by bringing to market a much needed standardized solution for the benefits of all players, including the end consumer. This is what we need to initiate and achieve to enable the transformative roadmap onto full-scale retail future and boarderless opportunities.