CORONA, Calif., Dec. 10, 2014 /PRNewswire/ -- AVT, Inc. (OTC
Markets: AVTC) (www.autoretail.com), a manufacturer of automated
retailing systems and technology-infused smart vending machines,
commented today on a recent article in TheStreet.com that reported
on the rapidly growing Industrial Vending Machines market.
"One constant in the post-recession U.S. economy has been the
voracious appetite of companies to extract efficiencies in their
business," the report said. Now companies must "have their thinking
caps on as to how to shave costs further among their remaining
operations."
Enter the Industrial Vending Machine, which is increasingly
being installed on the work floors of major manufacturers. These
machines are designed to:
- Make employees aware and accountable for the amount of
corporate resources consumed.
- Keep track of wasteful employees.
- Limit the amount of capital tied up in worker-related
inventory.
"The Industrial Vending Machine tracks a company's inventory
use. The machine has risen in popularity as it's not financially
sound to pay an individual $15 an
hour to oversee a stockroom of safety goggles, hammers and aerosol
cans," according to the report.
Here is the essence of the Industrial Vending Machine:
- The machine takes product out of the stock room and brings it
closer to the employee, which gets the item into use quicker.
- Through the machine's software, a manager is able to track who
is removing each item. If any transaction seems inappropriate, the
manager can investigate the matter. The ability to track and
measure is an important tool to help fight hidden costs that eat
into profits.
- Most importantly, a company that installs a vending machine to
dispense supplies, reduces supply consumption by 40% to 50%.
"AVT was one of the first companies to introduce Industrial
Vending Machines and Automated Office Supply Systems," said
James Winsor, CEO of AVT, Inc. "We
have worked with many large companies on their inventory and supply
logistics, and have developed automated platforms that allow them
to more effectively distribute products, monitor usage, and when
deemed appropriate, even sell specified items directly to employees
or consumers."
AVT's proprietary software will allow an employee to, for
example, obtain a standard-issue item from the company vending
machine at no cost, or an upgraded model at a small cost. This is
particularly useful in environments where tools and gear have a
high degree of personal preference.
"Our systems are custom designed," Winsor noted. "So whatever
inventory challenge a company is facing, we can provide a
solution."
For more information on AVT and their Industrial Vending Machine
and Office Supply Dispensing Systems, please call (877) 424-3663,
or visit: www.autoretail.com.
Connect:
Website: www.autoretail.com
Facebook: www.facebook.com/AVTInc
Twitter: www.twitter.com/avtincca
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SOURCE AVT, Inc.