**Breaking News: Capitec Executives Detail Cash Management Strategy at Diebold Nixdorf Event**
Capitec Bank executives outlined their deployment of Demand-Driven Material Requirements Planning (DDMRP) for cash operations during this week’s Diebold Nixdorf Intersect conference in Cannes. Shalima Adam, Product Line Head overseeing Cash and Supply Chain, and Danie Van Den Berg, Divisional Executive for Cash Operations, presented the methodology as a solution for optimizing physical currency distribution while preserving bank liquidity.
The approach represents a shift in how financial institutions manage cash inventory across branch networks and ATM infrastructure. Both executives emphasized DDMRP enables more sustainable cash accessibility—critical for emerging markets where digital payment penetration remains incomplete—without creating excessive capital strain on banking operations.
The announcement comes as banks globally wrestle with balancing declining cash usage in developed markets against persistent demand in regions requiring inclusive banking services. Capitec’s implementation targets efficiency gains in forecasting and deployment of physical currency.
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FXnCO Insight
** Banks struggling with cash management costs should monitor Capitec’s DDMRP results as a potential framework for reducing working capital tied up in currency distribution networks.
Source: Finextra