GS1 Standards for cash logistics

The Deutsche Bundesbank as Central Bank of the Federal Republic of Germany uses GS1 Standards for electronic data interchange (Cash EDI) with commercial banks, CiTs, retailers and banknote printers/ coin mints. Multiple Central Banks around the globe using GS1 Standards or comparable solutions based on Auto-ID and EDI standards to optimize their cash supply chain.

Major targets to introduce GS1 Standards for cash logistics:

streamlined interoperability between parties/ software tools within the cash cycle
proven and worldwide accepted Auto-ID and EDI Standards
full coverage of functionalities within the cash supply chain
(GS1 XML interfaces for cash logistics)
modular and faster implementation of IT software based on standardized interfaces, cost-effective maintenance

Cash InfraPro played a key role in drawing up the specification of "GS1 Standards for cash logistics"; therefore, we provide special knowledge in adaptation process for the cash handling industry.

We support Central Banks worldwide driving process standardization forward within their national cash cycles. We consult solution providers in adaptation of their systems, as well as CiTs, banks and retailers in implementation of GS1 compliant processes and systems.

Feasibility check for GS1 Standards

Mapping of existing process model to “GS1 best practice” for cash logistics
Visualization of standardization impact related to cash order management, tracking & tracing, interfacing of cash processing systems, ATM networks, inventory management
Planning of transformation strategy related to customer’s benefit profile
Calculation of investments and profitability

Implementation of GS1 Standards

Development of technical roadmap and integration into overall IT roadmap
Adaption of GS1 identifier keys, data carriers with barcodes and RFID/ EPC, EDI messages to customer processes
Configuration of IT software systems and interfaces
Design of testing procedures for Proof of Concept, planning of pilot phase and further roll-out
Training of IT department and operations management