It’s no secret that the past several years have been difficult for many printing companies. The big problems – declining print sales and persistent low profit margins – have been discussed in a variety of venues. The recent recession has exacerbated the difficulties, but the underlying cause has been a fundamental shift in the ways we communicate. Therefore, we cannot depend on a general economic recovery to significantly improve printing company performance.
It’s important to remember that, in this kind of environment, every aspect of business becomes more important. Rapid growth and high margins can hide many sins, but slow growth and low profits reduce the margin for error and magnify the importance of performing almost every business activity as close to perfection as possible.
So, this post is about rework. Or, more specifically, about eliminating the errors that create the need for rework. Just how important is this issue? The impact of rework on profits will vary from company to company, but it’s fairly easy to illustrate the importance.
Read the full article at: The High Cost of Preventable Errors – Printing Industry News and Opinion from Print CEO.
