Understanding True Productivity: The Key to Lower Cost and Higher Profits
Sponsored by: Heidelberg
Speakers: Doug McWilliams, Vice President of Operations, Herff Jones; Mick Sharp, Plate/Press Supervisor, Herff Jones; Greg Moquin, President, Moquin Press: and Clarence Penge, Vice President of Sheetfed, Heidelberg
In today’s ultra-competitive environment, most printers are looking to boost profits by minimizing spending on capital equipment and press supplies. What many don’t realize, though, is that their profit is actually directly linked to the cost it takes to produce each finished sheet.
An independent study by Smithers PIRA found that despite advertising similar specifications, not all presses produce the same net output year after year. In fact, manufacturers that offer lower equipment prices often do not deliver enough net output to justify their lower price — meaning their cost per sheet is actually higher than a more productive but expensive machine.
This webinar will reveal the cost calculation you need to be aware of to truly understand your profitability. You will discover why customers who purchase equipment that delivers the highest net output and meets their capacity needs — even if it is more expensive — are actually minimizing their cost per sheet and increasing their profits.
In this webinar you will learn:
- Why you don’t need to accept the industry’s average profit of 2% as normal
- Why equipment productivity is three times more important than price
- Why a 1% decrease in costs equals a 34% increase in profit
Sponsored by Heidelberg
See below to view this free webinar today!