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The banking industry has not yet caught up with manufacturing regarding process improvement and the reduction of waste. In fact, there is a shockingly high proportion of processes within a financial institution that are wasteful, but very few ever notice. By being aware of and identifying potential wastes in processes, banks will be able to cut waste from their organization and see significant cost reductions, process improvement and operational efficiency across the institution.
Given our experience in working with more than 2,000 financial institutions, we have identified 7 Areas of Waste That Are Killing Your Efficiency.
Review of Current Cash Inventory Challenges
7 Areas of Waste Lurking in Cash Operations
Critical Cash Supply Chain Best Practices
Join us as Logicpath and Loomis partner to bring you industry expertise and proven best practices to build a resilient cash operations framework and eliminate unnecessary waste in the process.