Inventory Management of Physical Currency Stock

Effective inventory management of physical currency stock is crucial for a central bank to fulfill its mandate of ensuring an adequate supply of fit currency across all denominations while minimizing unnecessary holding costs and issuance expenses. This course offers a detailed operational framework for accurately tracking, valuing, and optimizing the rotation of currency and coin inventories across the entire network of cash centers. Participants will learn advanced techniques for tracking stock fitness levels, managing the segregation of unfit notes, and reconciling inventory across different storage locations and accounting systems. The program emphasizes the use of specialized IT systems and standardized protocols to maintain absolute accountability and minimize losses throughout the currency lifecycle.