Northwest Automatic Vending Association Members Gather for Meeting: Highlights Include NAMA Update, Cashless Vending Benefits & Legislative Analysis
Northwest Automatic Vending Association recently had another successful meeting where various issues that directly affect day-to-day business operations were discussed.
- (1888PressRelease) September 01, 2010 - CHICAGO, IL - Members of the Northwest Automatic Vending Association (NAVA) wrapped up another successful meeting featuring updates from the National Automatic Merchandising Association, (NAMA) a legislative analysis and a session focusing on the benefits of cashless vending, NAMA Executive VP and COO Dan Mathews, NCE5 announced today.
In discussing the meeting Mathews said, "This was an incredibly valuable meeting where members could learn a lot about various issues that directly affect day-to-day business operations. Whether it was learning more about how cashless solutions can enhance revenues and profits or hearing first hand from the lobbyists about the legislative and tax threats looming ever larger on Oregon and Washington and the impact each could have on the industry, the meeting delivered a wealth of valuable insights. Those who didn't attend really missed out an opportunity to learn more and gain a competitive edge."
As part of the meeting, NAMA's Endowed Professor Dr. Michael Kasavana, NCE5 and Gary Massey, MEI, talked about the advantages of cashless vending generally, and discussed NAMA's Cashless Solution program specifically. According to Kasavana, the goal of the NAMA Cashless Solutions program is to enable NAMA members to offer their customers the convenience of cashless payments at a reasonable cost across small and large average transaction pricing in a variety of industry segments. In addition, it features straight-forward cost-plus pricing methodology, specially negotiated transaction processing fees, and no merchant application fees or account setup fees.
Mathews delivered a presentation highlighting key NAMA initiatives in Government Affairs, future plans for Coffee Service and an update on the overwhelmingly successful OneShow. The presentation also included an overview of the organization's planned Industry Image Campaign, and was followed by a state of the industry overview which included suggestions for improving revenues and profits.
The meeting was also attended by NAMA Chairmen Emeritus Jim Brinton and Dan Sofie. Also at the meeting, Sofie's son, Randy Sofie of B&P vending, passed the President's gavel to John Choukalas of Nestle. One of John's goals for the year is to establish a number of standing committees and will be encouraging NAVA members as well as board members to get involved with the committees.
Another highlight of the meeting was the annual NAVA Auction which raised approximately $11,000.00. These funds will be used to fund NAVA's legislative efforts in Oregon and Washington. Tim Wietstock from C.D Johnson and Company served as the chairman for this year's auction. Tim was also awarded the William L. "Bill" Herbord Award which is awarded to an individual who has devoted considerable time and effort in contributing
to NAVA.
Concluded Mathews, "Everyone knows that it can be difficult to find extra time for meetings, but the information attendees take back to the office can be priceless. For anyone who hasn't made it to a state council meeting I'd really encourage you to attend. It's a great chance to learn new ways to help grow your business, meet new and old friends and generally have a great time."
NAMA is the national trade association of the food and refreshment vending, coffee service and foodservice management industries including on-site, commissary, catering, & mobile. Its membership is comprised of service companies, equipment manufacturers and suppliers of products and services to operating service companies. The basic mission of the association, to collectively advance and promote the automatic merchandising and coffee service industries, still guides NAMA today as it did in 1936, the year of the organization's founding.
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