Technologies

Smart Vending Machine


Abstract/Technology Overview

Our technology allows you to increase revenue, profitability and return of investment of the vending machine. This solution able to elevate the customer experience, reduce the operating cost and to improve the efficiency of the operation.

 

Our smart vending machine creates an ecosystem for the vending operating environment and connecting each partners in the value network. Near real-time data and the historical data analytics from the system, displayed products can sell better. 

 

Consumers are able to grab and take away their food item immediately and the money will be deducted via the cloud or e-payment automatically after the vending machine’s door is closed.


Technology Features, Specifications and Advantages

  • Highly scalable and integrative solution that works with payment and Inventory System

  • Measures weights from 0.1kg to 80kg

  • Light indicator to inform retailer that inventory stock level is low

  • Near real-time statistics

  • Window based application to control and configure hardware, weight threshold, and notification message

  • Near real-time data and the historical data analytics from the system, displayed products can sell better


Potential Applications

This solution will enhance the overall shopping experience and improves F&B’s company's operating cost.

And the near real-time analytics can provide better stock managment and increase productivity of business owner

The applicable industries includes, but not lilmited to:

  • Retail and Services 

  • Ready to Eat Food and Beverages 

  • Other supermarket and wholesale


Customer Benefit

The technology improves profitability in several ways:

  • With better insights and identification of popular items, retailers can sell more by optimizing placement of items
  • Inventory level can be better optimized, thus needing less warehouse space, by reducing unnecessary stocking of slow-moving items
  • Sales improve by attracting more shoppers with a better shopping experience.
  • To control and configure hardware, weight threshold, and notification message
  • Near real-time data and the historical data analytics from the system, displayed products can sell better.

OVERVIEW
Technology Owner

kyusik shim

Company

Institute of Technical Education

Technology Category
  • Sensors & Instrumentation
  • Foods
  • Inventory Management
Technology Status
  • Available for Licensing
Technology Readiness Level
  • TRL 5