Money Leaks in Banking ATM’s Cash-Management Systems

Julia García Cabello

doi:10.34021/ve.2020.03.02(2)

Money Leaks in Banking ATM’s Cash-Management Systems

Virtual Economics ◽

10.34021/ve.2020.03.02(2) ◽

2020 ◽

Vol 3 (2) ◽

pp. 25-42

Author(s):

Julia García Cabello

Keyword(s):

Supply Chain ◽

Management Systems ◽

Atm Networks ◽

Opportunity Costs ◽

Cash Management ◽

Large Database ◽

Liquidity Management ◽

Planning Processes ◽

Forecasting System ◽

Cash Demand

Some widely-accepted practices on banking ATM networks may negatively affect an efficient liquidity management. This paper analyses ATM cash management in light of empirical evidence which suggests that banking ATMs tend to be overloaded beyond the customer’s needs. This, in turn, results in high opportunity costs. While this is not perceived by banks as particularly harmful, it might have a damaging impact on other business which revolves exclusively around ATM networks, such as cashback sites. A dormant money case may be solved by an appropriate tool matching the ATM’s cash to the user’s needs. Supported by a large database of banking records, this paper also provides model validation for a set of theorems previously developed by the author, resulting here in a cutting-edge, reliable forecasting system, suitable for anticipating ATMs cash demand as well as coupling with other supply chain planning processes.

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Inventory optimization considering the vehicle capacity and specifics of cash flows at rental storage sites

10.33983/2075-1826-2020-2-77-90 ◽

2020 ◽

pp. 77-90

Author(s):

V.D. Gerami ◽

I.G. Shidlovskii

Keyword(s):

Supply Chain ◽

Inventory Management ◽

Sufficient Conditions ◽

Cash Flows ◽

Management Systems ◽

Cargo Capacity ◽

Special Modification ◽

The Cost ◽

Necessary And Sufficient ◽

Vehicle Capacity

The article presents a special modification of the EOQ formula and its application to the accounting of the cargo capacity factor for the relevant procedures for optimizing deliveries when renting storage facilities. The specified development will allow managers to take into account the following process specifics in the format of a simulated supply chain when managing inventory. First of all, it will allow considering the most important factor of cargo capacity when optimizing stocks. Moreover, this formula will make it possible to find the optimal strategy for the supply of goods if, also, it is necessary to take into account the combined effect of several factors necessary for practice, which will undoubtedly affect decision-making procedures. Here we are talking about the need for additional consideration of the following essential attributes of the simulated cash flow of the supply chain: 1) time value of money; 2) deferral of payment of the cost of the order; 3) pre-agreed allowable delays in the receipt of revenue from goods sold. Developed analysis and optimization procedures have been implemented to models of this type that are interesting and important for a business. This — inventory management systems, the format of which is related to the special concept of efficient supply. We are talking about models where the presence of the specified delays for the outgoing cash flows allows you to pay for the order and the corresponding costs of the supply chain from the corresponding revenue on the re-order interval. Accordingly, the necessary and sufficient conditions are established based on which managers will be able to identify models of the specified type. The purpose of the article is to draw the attention of managers to real opportunities to improve the efficiency of inventory management systems by taking into account these factors for a simulated supply chain.

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