A discussion of the impact of computers on the vending machine industry.
Written in 2002; 4,054 words; 14 sources; MLA; $ 109.95
Paper Summary:
This paper provides a detailed insight into the way advancements in technology has made the vending machine come a long way since the days of Camels and Hershey bars and how the smart vending machine of today might eventually revolutionize much of the retail industry. It examines how a new paradigm powered by computers has made it possible far-reaching changes from the way that transactions are handled and analyzed to the way the machines themselves are maintained and supplied. It shows how technology has created a constant flow of accurate, up-to-date information which makes possible a far more efficient and profitable business than was ever dreamed of in the past. It evaluates how the wealth of new data amounts to more than just the refiguring of the dollars and cents of an old equation and how individual machines can be minutely tailored to the needs of a specific clientele.
From the Paper:
"As shown by the previous examples, a streamlining of operations can affect both the vendor and the company at which the vending machine is located. Systems such as Blue World's enable the vendor to come to a more amicable arrangement with his clients. While a client might have found it necessary to subsidize the cost of items in several low-traffic machines, the same might not be necessary in a single high-traffic one. In a tight economy, care needs to be taken to ensure that every dollar is well spent. Vendors don?t need to waste their time hounding their clients for overdue funds."
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