The industrial vending market is expected to reach $1.4 billion by 2025. Despite its growing popularity, though, industrial vending is still in its infancy. Even the distributors that are most successfully providing vending to customers – including industrial vending pioneer Fastenal – are still working out the kinks in terms of logistics and profitability.
False assumptions about vending have slowed adoption and made programs less profitable. Thanks to the trial and error of early adopters, though, best practices have begun to emerge, displacing the misconceptions that came before them. 1sourcevend Founder Mark Hill outlines 10 commonly held but untrue beliefs about vending in the May/June 2018 issue of American Fastener Journal. Access “10 Myths That Sabotage Profitable Vending Programs” by clicking the button below.