Eco Print Managed Print Service

Eco Print is currently developing a Managed Print Service program which will accomdate every business, no matter the size.

Eco Print understands that as a business enterprise there is often little time to consider certain details of operations, these are often areas in which costs can be considered "out of control!"

For instance, research has found that toner and ink cartridge replacement represents only 20% of the actual printing cost. That's huge when considering strategies to optimize business operations and increase revenue.

The Eco Print Managed Print Service (MPS) attempts to reduce these costs by implementing strategies to effectively manage the print environment.


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Lyra research, one of the leading aftermarket research organizations recently conducted a study to determine these costs. They found an average cost per kilowatt in the United States being 10.03 cents, with the average printer costing $10.00 to $79.00 in annual electricity costs per cartridge.

With these figures, let’s assume your organization uses 10 printers and each printer uses 1 cartridge per month. That factors out to 120 cartridges per year and $1,200 (lower end) of additional electricity costs. It was also found that most cartridges only print 25% to 50% of their stated yield due to the configuration of these printers.

Using the cost per cartridge for a Q2612A from Eco Print at http://www.ecoprintstore.com of $39.00 with a stated yield of 2,000 pages, we can figure $1,200 in added electricity expense, $4,680 in direct cartridge costs and 2 reams of paper per printer at $20 per ream, or $4,800 per year in paper (assuming no waste) and finally, let’s assume your employee’s time of retrieving their print-outs and dealing with printer issue’s being equivalent to .10 cents for every 100 pages equaling $1,200. This brings the annual aggregate total printing cost of $11,880 for the organization or $1,188 per printer, or on a per page basis assuming 50% stated yield to .10 cents per page. This doesn’t consider the time spent by purchasing sourcing various printer components or the network costs associated with managing and maintaining these printers.

Annual Electricity Cost Per device:$120.00
Annual Cartridge Cost per device: Q2612A @ $39.00$468.00
Annual Cartridge Prints Per device: 50% NO WASTE12,000
Pages per ream500
Annual Paper cost $20/ream$480.00
HR Costs .10 cents per print$1,200.00
Total print cost per device$2,268.00
  
Uncontrolled cost$1,800.00
Ways to reduce cost:
Manage print configuration/settings
Implement automated "Just in Time" ordering
Manage print errors and maintenance
Implement rules based printing to reduce waste
Automate service alerts and maintenance
Right Size print devices
Eliminate ineffectient printers

This example demonstrates the fact that when you thought you were spending .02 per page, you had approximately .08 cents per page in uncontrolled cost. By implementing a rules based printing program such as the one offered through Eco Print at http://ecoprintstore.com an organization can certainly make progress through managing these iceberg (80% is below the surface) like costs.

Eco Print has developed a program to assist organizations in controlling this out of control cost center through the use of rules-based printing, Just-in-time automated supply ordering and printer maintenance. The organization has several levels of service depending on the size of the customer; go to http://www.ecoprintstore.com and request additional information regarding their Managed Print Service (MPS.)

It has been determined that by implementing a Managed Print Service, an organization can save up to 3% of net revenues simply by controlling these costs. In an environment which the we find ourselves, it makes sense to implement a MPS program to reduce costs and streamline activities at a Corporate level to enhance overall operations.