Lean Cash Management
Successful organizations realize that operational excellence is a basis for cost efficiency, quality and reliable service levels. Lean Cash Management results in up to 30% improved cost structure, higher throughput, minimized lead times, optimized cash holdings.
With consequent use of lean principles Cash InfraPro optimizes an individual manual task, an individual processing or teller workstation up to the interconnection of the entire cash supply process towards an integrated network of cash center sites. Concentrating on the essentials, i.e. value creation processes, we increase your operational performance and the motivation of your workforce.
Strategies for Lean Cash Management
- Optimization of service portfolio and related process organization according to value for customers (blue ocean workshops)
- Installation of value creation process (zero-errors concept, pull-principles/ Kanban and one-piece-flow, 5S, TPM)
- Implementation of continuous improvement process (CIP)
- Introduction of process standards and technologies (GS1 Standards)
Lean Management for cash center and logistics
- Planning of value-stream oriented organization for cash areas, locations and processes
- Automation concepts for banknote and coin processing, storage (AS/AR), banknote shredding, intra-logistics (AGV, milk runs), cash order preparation for consignment
- Process integrated IT architecture with EDI communication for order to invoice, vault management systems (VMS) with deposit reconciliation and cash inventory reporting, forecasting and transport planning systems
- Organization of cash centers/ bank branches/ ATM locations in a network
Optimization of cash operations
- Development of monitoring and controlling tools including operational and logistical benchmarks (KPI)
- Technology optimization to avoid process bottlenecks
- Installation of quality control and risk management systems
- Development of staff capabilities and training concepts
