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How to maximize efficiency in your printing costs

Companies are experiencing unprecedented economic uncertainty due to factors such as the pandemic, political conflicts and other events that have significantly affected supply chains. Due, inflation has increased significantlywhich has led to a change in the way we think about the price of technology products and services.

And although it is expected that investment in information technology in Europe will continue to grow during the first months of the year, it is possible that from the second quarter, there will be a contraction due, among other things, to the shortage of talent and qualified personnel. From the point of view of the management of the ICT assets of the companies, this could also affect the management of the printing equipment and the costs are expected to be examined in 2023 more closely.

In this field, consultants such as IDC highlight that especially smaller companies are the ones that are most exposed to the need to “use technology intelligently, focusing on efficiency, cost savings, productivity and automation” but in Actually, it’s a message that makes sense to all sorts of businesses that are expected to take another hard look at their ICT costs.

It’s time to analyze printing costs

Printed documents remain essential for the vast majority of businesses, and this is unlikely to change any time soon. It is true that print volumes in offices have dropped and the needs may not be the same as before the pandemic.

But with the current situation and the changes that have occurred in companies (with the adoption of teleworking, hybrid work, remote work, etc…), many organizations may come to the conclusion that their printing fleet is oversized and that for Therefore, it is necessary to carry out an analysis of the current devices to adapt to their real needs. The final objective, to ensure that the equipment that remains active, works in the most profitable and efficient way possible.

From data to strategy

To achieve this, taking a more strategic approach to cost management and efficiency can include relocating devices to ensure more efficient use, automating supplies ordering, or pinpointing tasks that generate unnecessary costs, such as it’s usually the excessive use of color or unnecessary high-quality printing.

On the other hand, technology managers are also concerned about being able to count on costs that are predictable. Given the volatility of prices, changing interest rates, inflation… there is a preference for contracts with fixed rates/prices as we see in markets such as energy or real estate.

In this sense, fixing costs is a way to avoid unpleasant surprises, also improving the stability of the business. Precisely and to guarantee that predictability of them, we are seeing how more and more organizations are leaning towards all-inclusive proposals (which includes equipment maintenance).

To find out how Brother can help you optimize your printing costs and adapt to your needs, click on the following link.

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