How to Improve Cash Logistics Efficiency

A functioning cash supply is a stabilising factor in our society, both in normal times and especially in times of crisis. At the same time, the demands for a robust and efficient cash circulation system are increasing. Standardised trays could help to streamline banknote transportation processes, leading to a significant increase in the efficiency of cash logistics.

According to a recent study by the German Bundesbank, cash remains the most widely used payment method in Germany.

There are tangible reasons for this popularity: cash remains a universal, crisisproof, inclusive and unconditional means of payment. As a public good, it is also a crucial factor for the economy and trade.

Maintaining a vital cash circulation system requires a certain amount of effort, as the underlying process chain involves a number of steps — from issuance by commercial banks to widespread distribution, which requires significant transportation and logistics efforts, to inspection and counting at cash centres, and finally to sorting at the end of its lifecycle. Given that cost efficiency is critical to the cash cycle, approaches that reduce costs within the process chain are of great value.