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Overview
ATMs have become an integral part of the banking
industry over the past years, introducing a new inventory
management challenge--effectively managing cash stocks in
potentially thousands of diverse locations with wildly diverse
cash needs. The failure to reliably manage cash inventories
results in ATMs overstocked with cash that could otherwise
be an invested asset or run the risk of lost fees and costly
emergency cash deliveries.
KBSI's ATM CashMiner software provides automated
support for ATM cash inventory management. By collecting historical
data on cash withdrawals, the cash management software can
be used to forecast cash demand of individual ATMs, even making
provisions for special events (a convention, for example)
and holiday withdrawals that affect cash inventory needs.
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