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Insights and Expertise

The trays are reusable, saving costs and resources
while significantly reducing packaging waste. By re-
ducing the amount of paper and plastic waste, they
also contribute to banks' sustainability goals.

The greatest efficiency potential of the trays could be
realized if they were used throughout the entire cash
circulation process—from central banks, branch banks
and CIT companies to storage in cash centers. Stan-
dardization of the process chain is a prerequisite for
the next logical optimization step: automation.

Once again, shipping containers, with their globally
standardized ports and transportation systems, serve
as an ideal model. Mechanically, it is possible to fully
automate the filling and emptying of trays with ap-
propriate banknote processing systems, eliminating
manual intervention.

Equally beneficial is the creation of a digital twin for
each physical tray. This digital support provides mod-
ern cash management software with the necessary
data to secure the entire logistics chain and track the
location of each tray in real time, further automating
settlement and accounting processes.
Standalone, integrated or ecosystem?

Trays can be used throughout the entire banknote
transportation and processing logistics chain, but they
can also be used as a stand-alone solution. They pro-
vide an elegant means of optimizing and automating
key parts of the logistics chain without requiring ad-
justments elsewhere.

They also enable "peaceful coexistence" with tradi-
tional forms of cash provision in mixed operations. For
example, a supermarket ordering change from a bank
will likely continue to prefer to receive it in bundles
and packets for quick verification.

However, many other logistical tasks can benefit from
the advantages of standardized trays. Their versatility
and independence make them particularly flexible for
cash logistics and processing.

This opens up the possibility of developing a differ-
entiated ecosystem for standardized and automated
banknote distribution logistics. Such a transformation
would require the cooperation of many stakeholders. If
successful, this approach could not only significantly
improve the efficiency of the cash distribution system
but also contribute to greater sustainability.

Jim Petit, executive leader for the Giesecke+Devrient (G+D) Currency
Management Solutions division in the United States, has extensive
experience in financial solutions across the payments landscape, in
financial solutions and services. Contact him on LinkedIn at linke-
din.com/in/jamespetit.

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