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.