A different kind of cash disposal
Increasing fees for withdrawing cash from ATMs are an ongoing issue. More and more banks also reduce their opening hours making it even more inconvenient for customers to get cash. Christoph Budelmann proposes a countermovement in his latest column for Vending Management: Equipping new vending machines with cash withdrawal functionality. Suggesting this, he picks up the basic idea of his previous column: One has too much cash and needs to pay for its disposal; the other one doesn’t have it but needs it.
Elected to the executive board of the JCI North Rhine-Westphalia
On November 18, Jeannine Budelmann has been unanimously appointed to the executive board of JCI North Rhine-Westphalia. The managing director of Budelmann Elektronik GmbH will be representing the department “Innovation and Resources” for the next two years.
Cash – the German’s dearest friend
While it is perfectly normal in other countries to pay small amounts with your mobile phone or credit card, Germans still tend to prefer paying with cash. What does this mean for the vending sector? In his current column for the Vending Management magazine Christoph Budelmann presents his idea of upgrading vending machines with an authentication device that allows cooperating retailers to deposit bills and to receive coins in return. The advantage: Retailers don’t have to obtain their cash through a bank or a CiT company which can be rather pricey.
Just take the plunge
According to this motto Budelmann Elektronik GmbH is involved in the “Network Companies integrate Refugees”. During one of the last network meetings Jeannine Budelmann was asked which advice she would give to companies which are interested in integrating refugees: You just have to “take the plunge” to employ a refugee. The “Network Companies integrate Refugees” eventually borrowed this clear and simple statement and used it for their postcard campaign.
In-company integration of refugees
Next to representatives from the local job agency and department of foreigners Jeannine Budelmann was invited to share her experience. ”We offer an entry qualification to a refugee, which runs over the course of a year. Three times a week he works in our company, two times a week he takes languages lessons”, the CEO tells the audience.
New Research Project OptED
In the beginning of May a new research project was launched: OptED focuses on the use of data glasses during the manufacturing process of electronic components. Budelmann Elektronik develops an innovative software solution which supports quality assurance during manual circuit board assembly.
The fourth industrial revolution is part of many discussions nowadays. In his latest column for Vending Management Christoph Budelmann describes which possibilities industry 4.0 can offer to the vending sector. Nevertheless, he emphasizes that many companies already have implemented applications by now and that is seen as a standard by customers today. Thus, a market differentiation is not really possible anymore if you solely rely on industry 4.0. That’s why we would like to encourage you to consider future trends in order to react to them in a timely manner.
Hanover Fair, April 25th – 29th 2016
Themed “Integrated Industry – Discover Solutions” the world’s largest industrial fair takes place in Hanover April 25th – 29th. The main focus lies on Industry 4.0, Energy & Environmental Technology, Industrial Automation & IT as well as on Smart Materials & Components. Our company presents results of our latest research project (smart work clothes) at booth B22 in hall 2.
Network Companies Integrate Refugees
More than 300 companies from all over Germany are founding members of “NETWORK Companies Integrate Refugees”. One of them is Budelmann Elektronik, one out of four founding members from Münster. The website went online on 3rd March and has been presented by Federal Minister of Economics Sigmar Gabriel and the president of the German Chamber of Commerce and Industry (DIHK) Dr. Eric Schweitzer. The network’s function is to support companies which plan to employ refugees.
Principles of orderly bookkeeping in vending
In addition to Christoph Budelmann’s last column for Vending Management discussing possible amendments concerning electronic sales data read-out, the current column deals with the legal requirements that are already in effect. All vendors should make themselves familiar with their vending machines since the taxable person is responsible for the correctness of its records. Ask your supplier to make sure that everything is recorded accordingly! It is technically feasible to record every single transaction. If you have any further questions, don’t hesitate to contact us!
Jeannine Budelmann briefs Members of the state parliament of North Rhine Westphalia on Industry 4.0
Electronic sales data read-out
In the world of vending machines a paper published by the ministry of finance creates confusion: Storage of digital records on cash transactions supposedly comes into effect in 2017, requiring modifications in software and construction. The paper has been published on November 26, 2010 by the German federal ministry of finance and refers to cash registers, scales with register functions, taximeters and odometers. We asked the ministry which effect the writing has on our customers’ products.
The entire article was published in Vending Management 04/2015