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Advanced                                              Industrial vending machines have been providing an

                                                              efficient means of storing and issuing consumable
                                                              tooling for more than 20 years. Whilst the US was
        Vending                                               the first country to seriously adopt such convenient
                                                              systems, over the past 2 decades their use has
                                                              become widespread throughout global industry.
        Systems for                                           Today there are 10’s of thousands of units in
                                                              service. The use of these systems continues to
                                                              grow as potential users realize the multiple benefits
                                                              that they deliver. Also, as multi-national companies
        Higher                                                diversify their geographic manufacturing bases,

                                                              a host of best practices, including the efficient
                                                              dispensing of cutting tools to the shop floor,
        Productivity                                          tend to migrate across borders.


                                                              Industrial vending machines bring major mutual
                                                              benefits to both the cutting tool provider, in
                                                              particular the distributor or integrator, and the
                                                              end-user.


                                                              Sellers are eager to provide their customers with
                                                              easy and reliable access to their products as a
                                                              guarantee of repeat business, and are keen to
                                                              exploit potential growth opportunities. A vending
                                                              machine strategically located on a shop floor helps
                                                              to stabilize the business relationship between the
                                                              customer and vendor and help to ensure that
                                                              business is not lost to competitors who deliver
                                                              cutting tools in a traditionally less convenient way.
                                                              Whereas, purchasers are seeking to guarantee
                                                              the instant availability of tools to ensure that their
                                                              production does not stop. In addition, they see the
                                                              implementation of an industrial vending machine
                                                              system as a way to minimize the cost and risk of
                                                                    ownership of stock, by optimizing stock
                                                                       levels or entrusting the ownership of
                                                                          stock with their supplier through
                                                                             consignment arrangements. In the
                                                                                last few years, there has been an
                                                                                  exponential growth in vending
                                                                                      businesses, with many of the
                                                                                        major players investing heavily
                                                                                          in new equipment installations.










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