The document-related information supply chain comprises the flow of information from point-to-point in a business and results in the creation or use of outputs. Optimizing specific areas of this supply chain can deliver significant savings. However, when most companies evaluate the document-related information supply chain, they often focus solely on the general office and the central reprographics division, overlooking the entire spectrum of the document output spend.
“Most companies only look at part of their enterprise output environment, which results in missed savings opportunities,” says Tab Edwards, HP Market Development Consultant. “Especially in pharma, where many companies create significant output that exceeds what’s generated in the general office. Those costs must be considered to achieve maximum cost savings.”
HP provides an enterprise output assessment that reviews all areas of document production and management, including general office, central reprographics, mainframe, commercial/external production, and SAP output management. Companies can choose to look at all areas or to take a modular approach to assessing their document-related information supply chains. In addition, HP can provide an enterprise content management assessment to help automate and streamline paper-based processes.
“If you look at certain areas of output production, like commercial or external, it is possible to identify significant cost savings that can be redirected back to the business to fund a research grant or to pay for output optimization initiatives,” says Edwards. “Assessing your document output environment gives you a better indication of what you’re currently spending and what you can potentially save.”
A major life science company provides an excellent example. The company was looking to reduce the cost of output enterprise-wide. HP started with an analysis of the general office and Central Reprographic Department (CRD), identifying an estimated total cost of ownership (TCO) in the general office of $9.5 million and in the CRD of $2.1 million. From this analysis. |