“We’re forever chasing margins in the printing industry,”
says Anthony Thirlby, Managing Director at ESP Colour Hub in Swindon, UK.
He notes that while some shops measure profit margins over days and hours, ESP Colour Hub prefers to think in terms of minutes and seconds.
Because pressure on pricing never ceases, he says, the only way to protect margins is through continuous monitoring and adjustment of operating costs.
Thrice-daily cost recovery reports and weekly costing rate revisions let him be certain that the pricing model always is “adjusting
to facilitate the recovery we need.” In this way, he can keep tabs on gross margin per hour per product, making whatever process modifications are needed
to keep the numbers in line.
The full article is in the pdf below.