How technology is helping Vending Machine businesses ?

"Technology and Businesses are so inextricably interwoven that I don't think that anybody can talk about one without talking about the other – Bill Gates (Microsoft Inc.)"
?This one liner from Bill Gates is enough to explain the relationships between a business and technology. He clearly signifies the importance of technology for the betterment of business, no matter what your business is, technology is what makes it better. And Vending Machine Business is no exception. So if you are a Vending Machine business owner or if you have a Vending Machine Franchise, it is important for you to read and understand how the technology is helping businesses.
?We have seen snack and Drink Vending Machines and few other types of machines which dispense off items from food to soda and from condom to medicine marijuana. But all of these machines had no such feature which allows its owner to know when the product quantity is low. But with development in technologies, vending machines manufacturers have been able to manufacture vending machines that alerts its owner when stock has reached designated low level, this way owners can know when to visit their machine's site to refill it and thus they can save big transportation and other costs which, right now they are not able to control.
How this technology work?
This is called intelligent vending machine technology which alerts its owner when product stock level is low so that those who are responsible to maintain and refill the machine can go to the site and can refill it. This new machines come with a built-in computer inside them which keeps track of all the sales details of the stock. The machine refill person comes with carrying a small hand held device that he hooks up to this machine's computer via a cord. The device then downloads the sales information from the machine's computer chip. On the other hand, on the other hand, that computer is connected to the back office of the machine vendor company who get every sales details before their staff person leaves for the machine refill operation. The office makes a list of product items to be stocked into machine, so they send their executive with products that are to be uploaded into machine. This way they can save time and cost on transportation and human resources as well.
How it benefits vending machine business owners?
If you analyze the whole procedure here, you would notice that this intelligent vending machine eliminates one important role of refill officer and that is s/he does not has to go to the machine just to know the product level but s/he directly has to go to refill the machine with products because the machine has already sent product data to the office before the refill officer leaves. So the company can save big cost on transportation cost and human resource cost.
Another big advantage of this newer technology is it helps people contribute towards green planet movement since the paper work involved in the maintenance process is eliminated.
?It will be interesting to see how these all new intelligence vending machines contribute to the industry growth!