80% of the Total Cost of Ownership of a Printer is from costs incurred after the purchase.
80% of the Total Cost of Ownership of a Printer is from costs incurred after the purchase.Unauthorized or unnecessary printing can be the silent killer of profitability. Do you REALLY know how much these print costs are cutting into your bottom line?
Some things to consider about your printing costs:
- Gartner Group found that most companies are spending around 3% of their total annual costs on their printing system, and that the mismanagement of output fleets (copiers, printers,fax machines) can cost an enterprise somewhere between 1 and 3 percent of revenue annually
- Global intelligence analysts IDC revealed that a managed print services operation can save businesses in the region of 28% on their printing budget.
- According to a Citigroup-Environmental Defense study, the actual cost of printing is 13 to 31 times the purchase price of the paper used, or somewhere between $.06 and $.13 per page. At the low end of that range, the average employee’s printing costs the company $600 per year and at thehigh end $1,300. A substantial portion of this cost goes to pages employees never even intended to print.
- A study conducted byLexmark found that anaverage of 17% of everything printed was considered waste pages the user didn’t want.
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Learn more about the author Bob Martin
