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Average ROI is estimated to be six to 18
months, whilst data indicates that vending based This format enables a more comprehensive
distribution returns double the growth rate of non- management of stock, as many more products can
vending based business. The type of systems be securely stored, and the issue of tools
available vary from the basic helix style machines is effectively controlled and closely monitored.
designed for simple supply and replenishment
tasks, to sophisticated, high-end systems that Also, the ergonomic nature of these systems
provide users with full control over hundreds of means that space is fully utilized, so less hardware
stock items in a single unit, together with the is needed, keeping capital costs down. Recent
advantage of powerful tool management software. advances in software functionality now provide even
The latter is particularly attractive to more greater benefits to end- users. The more advanced
advanced users and medium-to-large customers, vending systems use clever logistics algorithms to
who need the kind of innovative functions, built-in maximize the availability of tools whilst minimizing
flexibility and superior reporting capabilities, not stock levels and obsolescence. In a modern
offered by more basic machines. manufacturing environment the importance of tool
Cutting-edge systems have a number of key availability cannot be understated. Machine tools
advantages, their storage arrangements are that cost hundreds of thousands of dollars are
based on more convenient drawers or carousels, chosen for their speed and performance. Suppliers
and include multiple, individually locked bins per compete for orders based on speed of delivery. If
drawer or shelf. Each separate bin can store a the required cutting tools are not in stock, spindles
different stock item - ideal for users who carry remain idle leading to delays in the supply of goods.
a large variety of cutting tools and other items The indirect costs and risk of inefficient
in low-to-medium quantities. tool management are unacceptable.
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