When managing currency, security and continuity of cash operations are extremely important. After all, any process involving banknotes and coins comes with significant responsibility. It’s nice to remain assured that, while reaching targets and long life time, there is always the option to scale the process to your needs. This also counts for currency destruction. What if there is an increase in volume? What if the banknote substrate changes? In this article we provide four reasons for an upgrade or overhaul of your currency destruction solutions.
Difference between an overhaul and an upgrade
When your currency destruction system has been operational for several years, an overhaul or upgrade is usually done. An overhaul focuses on replacing wear parts and heavy duty mechanical components. An upgrade on the other hand, increases performance and adds new features. Where an overhaul aims to guarantee similar performance, an upgrade enhances the system above original level. Below, we have outlined some of the reasons to do so.
1) Extend lifetime by keeping systems updated
Times change. We observe that long lifetime often comes with long term changes to the equipment. While this is a compliment to the durability of the machine, it is still important to keep components updated. By keeping your system updated even after several years, you create a peace of mind.
During our regular maintenance checks we will always point out those areas of the destruction process that require attention or improvement. To maintain an updated process, it is advised to use these checks. If a few parts are outdated, those are easily replaced during preventive maintenance. This way you stay clear of larger investments and longer down time that come with neglected maintenance.
2) Increase the capacity of your currency destruction line
At the start of life of your currency destruction line, volume targets were set. They are important to measure the efficiency and cost effectiveness of the process. However, volumes can change and targets change with them. It’s comforting to know that it is always possible to scale your process, so you never run into surprises. If larger volumes of cash need to be processed, a capacity increase will make sure you are prepared.
3) Destroy different banknote substrates
Another reason to consider an upgrade is the ability to process different types of substrates. A recent example of such change in substrates is the ongoing trend in polymer banknotes. As this substrate is made of plastic and significantly more durable than cotton banknotes, there are also some differences in terms of the destruction process.
At Kusters, we can optimise destruction lines to process both substrates. Because of this, it is worth checking if any updates are required to optimise your destruction as well as shred handling. This way you also optimise the recyclability of your shreds.
4) Minimise environmental impact
While some parts need to be exchanged due to their age, use and/or availability, many parts can be environmentally friendly re-used. Various parts last much longer than others, such as the sound reducing cabin or the shred collection hopper. These parts are designed in such a way that they keep lasting and can be re-used after and overhaul or upgrade. This way not only costs of new components can be save, but also the impact to the environment as old parts don't need to be discarded and no new resources are needed to produce these parts again.
Want to learn more about the potential for your equipment to be upgraded or overhauled? Request a free consult from our specialists or feel free to call us directly.