 | Events
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| Scheduled date | Event | Location | Country | | Jan 24, 2012 - Jan 24, 2012 | ATMIA Europe’s 2nd Annual Forum on ATM Innovation: Cash Recirculation at ATMs | Vienna | Austria | | May 22, 2012 - May 23, 2012 | European ATMs 2012 | London | United Kingdom | | May 24, 2012 - May 24, 2012 | Retail Technology Day | Warsaw | Poland | | Jun 12, 2012 - Jun 13, 2012 | Petersberg Conference for International Postal Operators | Koenigswinter | Germany | | Jun 18, 2012 - Jun 19, 2012 | PetroForum Europe | Algarve | Portugal | | Jun 20, 2012 - Jun 22, 2012 | International Management Seminar | Rome | Italy | | Jun 20, 2012 - Jun 22, 2012 | CIAB 2012 | São Paulo | Brazil | | Jun 28, 2012 - Jun 29, 2012 | Retail CIO Summit | Chang Chun | China | | Sep 03, 2012 - Sep 07, 2012 | China International Exhibition On Financial Banking Technology & Equipment (CIFTEE ) 2012 | Beijing | China | | Sep 11, 2012 - Sep 16, 2012 | Automechanika | Frankfurt (Main) | Germany | | Oct 16, 2012 - Oct 18, 2012 | Wincor World 2012 | Rheda-Wiedenbrueck | Germany |
| News
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| | | | 1/18/12 | Consulting project helps Volksbank Leipzig save money |
CCMS Consulting project shows that costs can be cut by 50%
Wincor Nixdorf has given Volksbank Leipzig a persuasive answer to how cash processes can be optimized at its Consulting Center in Taucha. An in-depth analysis of the branch’s cash processes was used to develop new scenarios to enable the existing costs of cash management to be cut by over 50 percent – thanks to the integration of CINEO systems from Wincor Nixdorf.
The starting point for the project was Volksbank Leipzig’s intention to redesign its Consulting Center in Taucha. As part of this, cash processes were scrutinized, covering the cash cycle at the branch and replenishment and emptying of the cash points by the cash-in-transit operator.
Up to now, cash has mainly been handled at the Consulting Center manually by employees with the aid of an automated teller safe and ATM. Slightly more cash is deposited than dispensed. The cash is replenished and removed twice a week by a CiT operator.
Following detailed analysis of the cash flows at the branch, three scenarios for future cash processes were outlined. The bank favored the variant offering the greatest possible savings potential. 90 percent of cash handling is to be relocated to a CINEO cash recycling system and CINEO dispenser, with the intelligent cash cassettes from the cash recycling system, where deposits exceed withdrawals, being used to replenish the ATM. As a result, it is forecast that the number of times the CiT operator will have to be called out will be roughly halved.
A commercial comparison between the current situation and the new process reveals that cash management costs can be reduced by more than 50,000 euros a year. A return on investment will be generated just 19 months after installation of the new technology.
“Wincor Nixdorf clearly demonstrated the benefits of the CINEO technology in the Cash Cycle Management Consulting project. We look forward to leveraging the savings potential once the new systems have been installed in the 2nd quarter of 2012,” said Falk Hähle, Head of Corporate Service at Volksbank Leipzig.
With its Cash Cycle Management Consulting offer, Wincor Nixdorf delivers concrete solution proposals for optimizing the cash supply chain and provides a solid foundation for capital spending decisions. An analysis of existing processes is the first step, forming the basis for developing strategies and various scenarios for optimal cash processes. The consulting portfolio also includes concrete ROI (return-on-investment) calculations for individual solution scenarios. The consulting offering not only comprises analysis of cash processes at branch level – if required, complete branch networks, innovative cooperation ventures with the retail sector and replenishment and removal processes using CiT operators can be integrated in the optimization strategies.
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| | | | 1/17/12 | Wincor Nixdorf Brings Vision for Retail Closed Cash Cycle to Reality at NRF Big Show 2012 |
Within the retail industry, the quest for a closed cash cycle is based on the idea that the cash cycle is a special kind of supply chain in which a product (in this case: cash) is made available at the right time in the right amount using a minimum of resources and then returned to the cash cycle in the same way. Wincor Nixdorf will showcase its portfolio of intelligent technology solutions that effectively address the complex – and costly – supply chain challenge of retail cash cycle management at the National Retail Federation’s 2012 Big Show.
The company will demonstrate how its modular retail POS components, cash recyclers, intelligent cash cassettes and cash cycle optimization processes can create a true closed cash cycle for retailers. Facing the challenge of optimizing cash handling processes in retail stores and enhancing security for employees and cash, Wincor Nixdorf will showcase cutting-edge CINEO cash management technology to improve the automated cash handling at the cash offices and in the checkout area. There is now no need to manually count and double-check the takings in the cash drawers, post them and prepare the drawers in the cash office since these operations are now fully automated. To enhance the optimized cash processes also to the checkout zone and to introduce a closed cash cycle in the retail store Wincor Nixdorf will show the integration of CINEO modules into a self-checkout system. Cash is collected in a mobile drum, securely transported to the cash office and automatically consolidated in a CINEO cash office solution. So it is possible to implement a continuous process from the POS to collection by the cash-in-transit (CiT) company. The software TPCash monitors the filling levels of all cash recycling solutions, making sure that cash can be deposited and dispensed ideally at the checkout zone. Audit compliance is ensured by logging of all transactions.
“Given that the volume of cash in circulation is on the increase worldwide and, consequently, the cost of cash handling is also rising, creating and managing a closed cash cycle within a retail company will generate substantial cost savings for the long term,” said Thomas Fell, Senior Vice President Retail of Wincor Nixdorf. “Also, as we have already seen throughout much of Europe, the closed cash cycle can incorporate the retailer’s bank to the extent that incoming funds can be immediately credited to the retailer’s account, which strengthens the relationship between the retailer and its bank, while also ensuring maximum security and transparency for cash holdings.”
The automation and optimization of the cash handling process empowers the retailer to provide a higher level of service to its customers, strengthen customer loyalty and generate new sales opportunities. As store personnel are removed from the mundane processes of cash counting and other cash management tasks, they can be better utilized for more meaningful customer interaction and selling of additional products. | | |
| | | | 1/16/12 | Wincor Nixdorf Again Expands Highly Successful BEETLE POS Portfolio |
Showcases Newest Innovations at NRF Big Show 2012
Wincor Nixdorf Inc., has further developed the technology of its BEETLE POS portfolio for international retail companies and added new systems to the highly successful product portfolio. The BEETLE portfolio expansion reflects Wincor Nixdorf’s ongoing goal to grow in the traditional POS market by addressing new market segments, and the implementation of new technologies to improve overall system performance and manageability while reducing power consumption.
Wincor Nixdorf’s BEETLE /iPRINT is the first POS system concept based on the latest energy-saving Intel Atom processor technology and a powerful POS printer. The innovative “POS-in-a-printer” product concept is a combination of a POS system unit and tried-and-tested thermal receipt printer. It features a small footprint and a sealed, fanless, minimum-maintenance system design. The system has been designed to offer maximum energy efficiency and ensures extremely low running costs thanks to power consumption of less than 13 watts in typical checkout operation.
The new BEETLE /X plus is the innovative evolution of Wincor Nixdorf’s tried-and-tested BEETLE/X series. Designed for longevity and low operating costs, this model will contribute to further cutting the IT expenditure of a POS system. The sealed, dustproof and fanless system design protects the system’s interior from all forms of contamination, while Intel’s latest mobile Atom processor technology and an external, energy efficient 80PLUS Gold conform power supply keeps the power consumption and heat generation at a minimum. In conjunction with the innovative Solid State Disk (SSD) all moving parts are eliminated from the system, underlining Wincor Nixdorf’s commitment to developing devices with minimum maintenance requirements and, thus, reduced system downtimes.
The new BEETLE/Express is designed as a space saving all-in-one POS system based on a 10.4-inch LCD touch screen and Intel Atom processor technology. The system offers a waiter lock, MSR and a 2 line customer display as integrated devices.
Wincor Nixdorf has also completed a technology update of its best selling BEETLE /M-II plus. This model will soon be available with the latest iCore processor technology and vPro certified.
Wincor Nixdorf will demonstrate these other advanced retail technologies at in Exhibit Booth #451 at the NRF 2012 Big Show, January 16-17, in New York City’s Jacob Javitz Convention Center. | | |
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