transforming vending ecosystem - vendekin _oct 2017... · value brought to a global cola brand’s...
TRANSCRIPT
Transforming
Vending Ecosystem
Meet Hero, from ancient Alexandria.
He invented early Vending Machines.
He seems a bit amazed, yet
confused, seeing the current
progress of them!
stuck in yesterday…
A Fragmented Ecosystem
Vending Today Missing
Innovation
Operational
Inefficiency
Poor
Consumer
Experience
Challenges with the Ecosystem
No Data Exchange and Leverage
Point Solutions
Inventory Data (once a day via SMS/GSM/GPRS)
Products Stock taking, Machine check,
Product Refill Product purchase
Stock requirement, Cash Collection
Cash
Cashless Payment
Brands Distributors Consumers
5
Vending,
Needs Next-level Simplification
Presenting
Voila Vend-ekin!
Vending Simplified. ekin, meaning ‘Simple’ in Sanskrit.
The future of Vending is here…
Have 10% of all
automated vending
transactions on the
Vendekin platform by
2022
Vision
Deliver superior
experiences and digitally
transform the vending
ecosystem
Mission
Vendekin solution
1
2
3
4
5
Vendekin's Integrated Seamless Solution
Intuitive Consumer App
Analytic Portal for
Distributor Analytic Portal for
Brands
Intelligent Machine Controller
Guided
Distributor App
Brands
Supply chain optimization
Distributors Consumers
Consumer behaviour analysis
Vendekin Connected Vending Ecosystem
Cashless, Touch Free Product Dispensing
Vendekin enabled in machines
Apr ’17
Vendekin Success First launch and test-runs with leading brands
Pilot: Sales increased by 30%
in Vendekin enabled Cold Bvg
machines
May to Sep ’17
Pan India 250 Cold Bvg
machines enablement
Oct ’17
Pan India 2000 Hot Bvg
machines enablement
Mar ‘ 18
Global
Cola
Brand
Global F&B
Brand
Vendekin enabled in
machines
Sep ’17
Pilot on going with 40
machines
Oct ’17
Pilot by Brand in EU
Feb’ 18
Cover all India Machines
Mar ’18
Request for a unique
customized digital cashless
vending solution for selling of
Tobacco products
June ’17
Demo Solution presented in
London to CEO
July ’17
Pilot Rollout in London with
vaporizer dispensing machines
Jan ‘ 18
Global Tobacco
Brand
Vendekin - Proven Value Value brought to a Global Cola Brand’s Vending Ecosystem.
20-30% Increase in
sales
20-30% Decrease in
OpEx
20% increase in
margins
30% Reduction
in Machine
CapEx
Proven model with World No. 1 Cola Brand, ready to go Global !
Others Vs. Vendekin How Vendekin Scores
Features Vendekin PayRange Nayax Parlevel iBot(India)
Cashless Payment - -
Touch Free Dispensation - - - -
Automated Consumer Refunds - - - - Consumer
Features Vendekin PayRange Nayax Parlevel iBot(India)
Inventory Management -
Supply Chain Analytics -
NO Need For Internet at Machine - - -
Remote Pricing Management - - - - Distributors
Features Vendekin PayRange Nayax Parlevel iBot(India)
Consumer Behavior Reports - - - -
Machines on Map - - -
Eliminate Coin/Note Acceptors - - - - Brands
High Level Product Features
Current and Upcoming
Push Notifications
Promo and discount
management
Product consumption analytics
Consumer transactions data
Current Features Dec 2017 March 2018 May 2018
Consumer Preferences
Reports
Sales forecast
Supply chain
management
Consumption based
dynamic pricing
Predictive consumer
analytics
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
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 Consumer
Distributors
Brands
Vendekin Associations Partners in Disruption
• 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
2018
Series A
Vendekin : Where and How We’re in the market, and yes, we’re causing the necessary disruption
• Original Idea
• Prototyping
• Initial Patent Filed
• Final Working Prototype
Tested on 5 Vending
Machines
2015
Bootstrapped
• Vendekin 2.0 (Tech
Platform)
• Onboard Co-founder
• Validation With Coke
• Validation With Nestle
2016
Seed Funding
• PAN India Commercial Roll-
outs 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
2017
Pre Series A
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.
Aroon Khattar
{ CEO & Founder }
Parmanand Mishra
{ Product Engineering }
Anshoo Gaur
{ Chairperson & Co-founder }
Veena Srinath
{ Marketing }
Kiran Karnavat
{ Managing Director }
Vendekin Minds People behind the Vending Winding
Values at Vendekin We believe in staying true to our core values
Excellence Courageous Innovation
Customer
Centricity Integrity Simplicity
Thank You To Request a Demo
Mail us at [email protected]
Or Call +91 705 815 9237
Visit- www.vendekin.com