Outsourcing – A positive business practice
The growth of outsourcing as a strategic business tool demonstrates the commitment of UK and companies around the world to remove excess costs and to divest themselves of non-core processes.
This trend is driven by the need to focus on finances and infrastructure on core revenue streams ensuring that the business defends its competitive edge and is fit to respond effectively to change and opportunity.
Outsourcing is not a new phenomenon, it is a proven process to reduce cost while leveraging expertise in several non-core business areas.
But where does print outsourcing or outsourced printing fit into the business mix?
Outsourcing Print – Practical Business Management
In survey after survey, the single fact that all business managers acknowledge is that over 85% of companies do not know how much print costs them (source: IPIA). Why is this..?
Primarily, because ‘print’ is a very diverse product. It covers functional, marketable, financial and critical print needs.
Secondly, because of its diversity, ‘print’ is purchased and used by many within an organisation.
Thirdly, due to the previous two points, the true cost of print is absorbed and hence hidden into several different cost centres.
Finally, ‘print’ is seen as a result of a need rather than a business process that can be improved.
Over 70% of respondents to surveys agree that ‘print’ is an area that should be investigated and possibly outsourced, but they do not have either the time or expertise to carry out this exercise.
Print Management – Controlling Print Costs
On average, it has been estimated that the true ‘cost of print’ equates to around 3% of a company’s total revenue. What is the true cost of print in your company? How can you find out? Where do you start? What expertise can you utilise to analyse your true cost of print?
Shiva Offset’s core business is print management. We have outsourced all non-core processes, which means that our only focus is on minimising total print costs whilst maximising print efficiencies and quality for our clients.
At Shiva Offset we believe that by working in partnership with us to outsource your ‘print’ we can reduce costs, wastage and enhance the quality of the printed material that is used by your company by using our knowledge of print processes, paper sourcing and long standing supplier relationships. To aid in the discovery of areas for improvement, we use our Print Economy Audit.