SOURCE: Cantaloupe Systems

Cantaloupe Systems

April 19, 2011 11:00 ET

PepsiCo Subsidiary Smiths Snackvend, Australia's Largest Snack Vending Operator, Selects Cantaloupe Systems to Optimize Their Operations

Smiths Will Use Cantaloupe's Retail Optimization Platform™ (CROP) to Improve Customer Service, Increase ROI, Reduce Stockouts & Spoilage, Increase Revenue Per Machine

SAN FRANCISCO, CA--(Marketwire - Apr 19, 2011) - Australia's largest snack vending operator, PepsiCo Australia and New Zealand subsidiary Smiths Snackvend, is implementing the Cantaloupe Retail Optimization Platform (CROP) in 9,100 vending locations across Australia in order to increase revenue, boost customer selection and service, improve route efficiency and reduce product spoilage and stockouts. Smiths selected San Francisco-based Cantaloupe Systems over competing solutions from EasiTrax, Nayax, Vend Sell and Vendomation due to CROP's superior scalability and proven track record.

"We looked at competing solutions, but only Cantaloupe Systems can give us a real-time versus retrospective view of our business scaled across more than 9,000 machines," said Inis Shepherd, national vending manager of Smiths Snackvend. "Cantaloupe Systems' proven monitoring, business intelligence and analytics technology enables us to track sales patterns and inventory levels instantaneously and then provides the best path for process optimization, allowing our contract service providers to deliver the right products to the right machines at the right time. Drivers earn more because CROP results in higher delivery efficiencies, and they use less fuel by serving machines only when needed."

"Consumers benefit from a broader and fresher product selection and fewer stockouts," continued Shepherd. "Once Australia's national privacy legislation is strengthened, we're looking forward to giving consumers the added benefit of Cantaloupe Systems' Seed Cashless for credit and debit card transactions."

The Cantaloupe Retail Optimization Platform combines real-time, wireless, web-based monitoring, business intelligence/analytics and retail best practice support to automate vending scheduling, pre-kitting, merchandising and cashless processes. The combination of monitoring and business intelligence is designed to change vending from a guess-based to a fact-based industry by increasing operators' ability to deliver service driven by actual consumer demand, tracked in real time.

Smiths Snackvend's initial tests of the Cantaloupe Retail Optimization Platform resulted in an 80 percent reduction in coin variance, 94 percent lower spoilage rates and 50 percent fewer stockouts due to better prekitting and scheduling. Smiths also expects to reduce its overall carbon footprint through the elimination of 48 delivery vans due to more efficient routes and lower on-truck inventories, resulting in less weight per van.

"As the largest snack vending operator in Australia and New Zealand, Smiths is defining the future of vending in the region, and we're thrilled to be the company's partner in this endeavor," said Mandeep Arora, CEO and co-founder of Cantaloupe Systems. "Cantaloupe Systems brings to vending the same 21st century business intelligence and analytic tools available to other retailers, for the first time allowing vending operators to enjoy the same benefits as their retail peers: improved sales, profitability, and customer service. Smiths likes to be known as 'Australia's and New Zealand's fastest growing and favorite convenience food and beverage company,' and I believe the partnership with Cantaloupe Systems will only confirm that distinction."

About Smiths Snackvend

Smith's Snackvend Company, a subsidiary of PepsiCo, is the largest snack vending operator in Australia. PepsiCo employs 2,100 Australians in the manufacture and distribution of its products. The company makes the majority of its products in Australia and sources most major raw materials, such as potatoes, corn and wheat flour as well as packaging material, locally.

About Cantaloupe Systems

San Francisco-based Cantaloupe Systems, Inc. is the fastest-growing, wireless-enabled vending platform provider. The company was founded in 2002 by engineers Mandeep Arora, a second-generation vending professional, and Anant Agrawal to provide automated merchandising and business intelligence technology to the $55 billion global vending industry. Installed in individual vending machines, the Cantaloupe Retail Optimization Platform (CROP) applies state of the art business intelligence and analytics to remotely-monitored real-time vending sales data to suggest optimized next-best-step business decisions. The result: vending operators know how to generate the greatest revenue and margin from each machine with optimized service efficiencies and the least operational cost. Operators using the Seed platform average $35,000 in annual savings per route, can replenish 80 percent more machines per week and can reduce their carbon footprint by 40 percent through the elimination of unnecessary truck travel and smaller loads per truck.

Cantaloupe Systems is backed by Global Environment Fund of Chevy Chase, MD., and Foundation Capital of Menlo Park, CA. For more information, please visit http://www.cantaloupesystems.com.

Contact Information

  • Contact:
    Akino Johnson
    Cantaloupe Systems
    415-525-8100 x136
    Email Contact