Transforming Vending Ecosystem
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- Kelley Matthews
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1 Transforming Vending Ecosystem
2 Meet Hero, from ancient Alexandria. He invented early Vending Machines. He seems a bit amazed, yet confused, seeing the current progress of them!
3 Vending Today Missing Innovation stuck in yesterday A Fragmented Ecosystem Operational Inefficiency Poor Consumer Experience
4 Challenges with the Ecosystem No Data Exchange and Leverage Products Stock taking, Machine check, Product Refill Product purchase Brands Distributors Stock requirement, Cash Collection Cash Consumers Inventory Data (once a day via SMS/GSM/GPRS) Cashless Payment Point Solutions
5 Vending, Needs Next-level Simplification 5
6 Presenting
7 The future of Vending is here Voila Vend-ekin! Vending Simplified. ekin, meaning Simple in Sanskrit. Vision Have 10% of all automated vending transactions on the Vendekin platform by 2022 Mission Deliver superior experiences and digitally transform the vending ecosystem
8 Intelligent Machine Controller 1 2 Intuitive Consumer App Vendekin solution Vendekin's Integrated Seamless Solution 3 Guided Distributor App 5 4 Analytic Portal for Brands Analytic Portal for Distributor
9 Vendekin Connected Vending Ecosystem Brands Supply chain optimization Consumer behaviour analysis Distributors Consumers Cashless, Touch Free Product Dispensing
10 Vendekin Success First launch and test-runs with leading brands Global Cola Brand Global F&B Brand Global Tobacco Brand Apr 17 Vendekin enabled in machines May to Sep 17 Pilot: Sales increased by 30% in Vendekin enabled Cold Bvg machines Oct 17 Pan India 250 Cold Bvg machines enablement Mar 18 Pan India 2000 Hot Bvg machines enablement Sep 17 Vendekin enabled in machines Oct 17 Pilot on going with 40 machines Feb 18 Pilot by Brand in EU Mar 18 Cover all India Machines June 17 Request for a unique customized digital cashless vending solution for selling of Tobacco products July 17 Demo Solution presented in London to CEO Jan 18 Pilot Rollout in London with vaporizer dispensing machines
11 Vendekin - Proven Value Value brought to a Global Cola Brand s Vending Ecosystem % Increase in sales 20-30% Decrease in OpEx 30% Reduction in Machine CapEx 20% increase in margins Proven model with World No. 1 Cola Brand, ready to go Global!
12 Others Vs. Vendekin How Vendekin Scores Features Vendekin PayRange Nayax Parlevel ibot(india) Consumer Behavior Reports Machines on Map Brands Eliminate Coin/Note Acceptors Features Vendekin PayRange Nayax Parlevel ibot(india) Inventory Management - Supply Chain Analytics - NO Need For Internet at Machine Distributors Remote Pricing Management Features Vendekin PayRange Nayax Parlevel ibot(india) Cashless Payment - - Touch Free Dispensation Consumer Automated Consumer Refunds
13 High Level Product Features Current and Upcoming Current Features Dec 2017 March 2018 May 2018 Brands Push Notifications Promo and discount management Product consumption analytics Consumer transactions data Consumer Preferences Reports Sales forecast Supply chain management Consumption based dynamic pricing Predictive consumer analytics Distributors Inventory Analytics Real Time Inventory Alerts Remote Machine Pricing Management Route management Guided Machine Refill Monitor Vending machine health Anomaly detection Automatic Image based Machine Refill Predictive refilling route management Auto Refill verification using sensors Consumer Multiple product dispensation Automated Refunds Payment using multiple card/wallet options Share App with friends Payment and transaction history Multi lingual support Addition of international payment wallet options Offline transactions Vendekin credit/wallets Feature/Flip Phone support Customized beverage dispensation Other unique dispensation mechanisms
14 Vendekin Associations Partners in Disruption
15 Vendekin : Where and How We re in the market, and yes, we re causing the necessary disruption 2015 Original Idea Prototyping Initial Patent Filed Final Working Prototype Tested on 5 Vending Machines Bootstrapped 2016 Vendekin 2.0 (Tech Platform) Onboard Co-founder Validation With Coke Validation With Nestle Seed Funding 2017 PAN India Commercial Rollouts with Coke & Nestle Pan India Coca Cola rollout for snacks and beverages machines Pilot with Georgia Tea and Coffee Machines Global Contracts With Brands Performance Tuning at Scale 5 Patents Filed Technical 2018 Global Scaling Target VMOs, IVEs New Products Pilot with Coca Cola UK & Myanmar Pan India rollout with Coca Cola tea and coffee machines Pan India rollout with Nestle tea and coffee machines Pilot with Nestle EU Pre Series A Series A
16 Vendekin s Strategically Evolving Patent Portfolio System & Method for Remote Vending System & Method for VM inventory Mgmt. Self-service Terminal and method for Auto- Pressing of keys Self-service Terminal enabled for real-time updating of inventory data System & Method for dynamically controlling the price of products of the Self-service terminal Future Application Areas Collective Market-size > US$ 200 Bn Fuel Dispensing Ticket Dispensing Self-checkout Stores Virtual ATMs Virtual Cash Tellers Automated Dispensing Paid Access Systems Walk-in Automated Order Mgmt.
17 Vendekin Minds People behind the Vending Winding Aroon Khattar Anshoo Gaur Kiran Karnavat Parmanand Mishra Veena Srinath { CEO & Founder } { Chairperson & Co-founder } { Managing Director } { Product Engineering } { Marketing }
18 Values at Vendekin We believe in staying true to our core values Excellence Courageous Innovation Customer Centricity Integrity Simplicity
19 Thank You To Request a Demo Mail us at sales@vendekin.com Or Call Visit-
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