Currency manufacturer adjusts the supply chain to ensure quality
Cash counters are still an important tool for small and midsized businesses to have on hand thanks to a recent adjustment in the way bills are manufactured in the U.S. Just like in any other industry, the world of currency production is prone to supply management issues. U.S. currency depends heavily on high-quality materials that allow for maximum security and eliminate any potential for counterfeiting. The organizations that produce cash occasionally have to seek new raw materials as a result.
According to The Washington Post, the private company responsible for printing cash in the U.S. recently had to seek a new source for the denim fabric it uses during the manufacturing process. As long as the nation has had a standardized currency system, dollar bills of all denominations have been manufactured using a special kind of paper blended with cotton found in blue jeans. Because of this unique production characteristic, U.S. currency has an unexpectedly close relationship with the world of fashion. In fact, when clothing companies started producing larger quantities of tight-fitting pants that include small traces of stretchy fabric, the new material briefly resulted in tainted money supplies that were essentially declared useless. To avoid putting the entire nation's cash supply in danger, Esquire magazine said Crane, the company that prints U.S. dollars, had to start purchasing its cotton from other sources rather than simply using byproducts from the garment industry.
Money manufacturing depends heavily on a quality supply chain. The wrong materials can severely damage the quality or security of U.S. currency. As a result, periodic adjustments to the production process are essential to ensuring business transactions in a wide variety of industries continue to be as safe and reliable as possible.
December 17, 2013