Wednesday, July 23, 2008

THE BIG SECRET TO SAVE $$$ ON PRINTING...


My competitors may get upset with me...but I am going to share with the world the big secret to managed print and how organizations can recover a ton of money for the bottomline. Here it is...it is not how much does a toner cost, but how much each print costs. Stop trying to buy 'cheaper' toners! Figure out how much each print costs, then find a service provider that will provide your organization with all consumables and service for a lower per page cost. The procurement side of companies has beaten up the copier industry for years to get low per cost per copy plans...but the IT side of the house has not done this yet.
Here is the secret,
STEP ONE: Determine your per page cost on every device. A true cost, don't base it on what the manufacturer says, because they base it on very low area coverages. Most manufacturers base their advertised yields on 5% area coverage. So they say buy this toner for $100 and your yield will be 10,000 pages at 5% area coverage. So someone says that printer has a per page cost of one cent($100/10,000 = $0.01). What happens if the area coverage is 20%, the per page cost just went up to four cents.
STEP TWO: Get onto a program where your supplies are included for a fixed per page cost, REGARDLESS of area coverage...

I have yet to run an assesment where I did not find at least a 20% hard cost savings by taking these two simple steps. This does not include a ton of soft cost savings...one monthly invoice vesus multiple invoices for toners, simple online supply fufillment, free overnight shipping, reduced burden on procurement for purchase orders, etc, etc...

Want to see if your organization can easily recover 20% of your current spend on printing while improving efficeny, give me a call at 860-985-8960. Ask for Tom.

What is a Bantam?


I am often asked what is a Bantam or how did you come up with the name Bantam Document Consulting? Well, it is not because we are based in the small Connecticut town Bantam, Connecticut...we are acutally based in another small Connecticut town, Essex.
The name Bantam Document Consulting I borrowed from my alma mater, Trinity College. The mascot of Trinity College, is the Bantam. What is a Bantam? Click here to find out.

Thursday, July 10, 2008

Hidden Cost Success Story

Recently a colleague of mine ran a print assessment for a business in Connecticut with 60 color laser printers deployed at multiple locations. He found that these printers had an average use of 4,120 color printsper month and an average cost of $781 each for supplies monthly. Plus the client was processing on average 72 invoices monthly for the supplies that where required for these printers.

The new solution was to upgrade these old machines to new Xerox printers and gave the client a new cost basis of $495 per unit AND only ONE invoice per month. Over a 12 month period this solution represents a hard cost return to the bottomline of over $205,000! The client had no idea they where wasting that much money.

Is there an untapped gold mind in your organization? Call me and we can find out, Tom Richardell 860-985-8960.

Interesting Xerox videos on Youtube

One of the most famous ads Xerox Corp ever ran, from the 1976 Super Bowl.