Can you imagine copying out the same piece of information over 30 times?
Well that’s exactly what one printing company was doing. When they carried out a process audit it was discovered that some pieces of information were re-entered into systems time and time again.
Clearly this was a massive waste of time and effort. Far more seriously, this introduced a lot of error points as well. Every time a piece of information was re-entered there was a chance it could be entered incorrectly.
If only this company had invested in the right systems and used them correctly it could have avoided all these potential error points. The simplest way to have achieved this would have been to have invested in a Print Management Information System or MIS. This sort of system prevents the need to enter information more than once.
An MIS system would have avoided this problem and so many others
Re-entering information so many times certainly makes processes lengthy, expensive and prone to errors. However, strangely enough, although this can be a much bigger issue than many printing companies realize, it is not the main reason why many printers lose money.
We have outlined below three of the most major causes of lost revenue and profits for printing companies. And we show how an MIS system can reduce these problems.
The first cause of losing money happens way before anything is printed, or before the job is even confirmed.
Do you have to change your processes to work with an MIS system?
Some people incorrectly believe that an MIS system forces a company to work to a fixed workflow to suit the MIS software. This may have been true for some early systems, but these days a good MIS system can be adapted to work to your processes rather than the other way round.
Find out more about how MIS can work for your company
Our solutions work for all types of printing companies. Simply book a demo
. We will talk you through how MIS can work for your company.
If you have any doubt about whether you should talk to us simply look back at these three reasons that cause so many printing companies to lose money. Can you honestly say that you never, ever suffer from any of these?
How many times do you enter information?
Remember, every time you repeat data entry you are wasting time and money and risking an expensive error creeping into your workflow. That can be fatal. The printing company that was entering information over thirty times held their audit too late. They have now ceased trading - and they were a big business.