Hardware

Momentum builds for inventory supply vending machines

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August 16, 2021

Mark Hill, founder of 1sourcevend, a provider of inventory control solutions, penned an article in Industrial Distribution on why manufacturing facilities are increasingly adopting inventory supply vending machines, noting that personal protective equipment has become the fastest growing product segment in distribution due to COVID-19.

Advances in cloud technology have made inventory control software accessible and affordable, which enables better inventory tracking, less shrinkage and fewer errors than manual inventory tracking.

Benefits also include lower inventory carrying costs, improved regulatory compliance, automated ordering.

The initial investment for an industrial supply vending machine ranges from $5,000 to more than $20,000.

For an update on how the coronavirus pandemic has affected kiosks, click here.