| Publisher | Flexographic Technical Association | ||
|---|---|---|---|
| Format | 1.8MB PDF | Date added | 01 Feb 2008 |
| Topics | ERP | ||
| Downloads | 60 | ||
The printing and packaging industry is facing a number of challenges which threaten the very existence of many well-established companies. Historically, the industry has been extremely cost conscious, priced its products based on a cost-plus philosophy, and has been slow to adopt new concepts and technologies, such as Lean Manufacturing and ERP applications. The procurement of a new press is often seen as a tangible and logical purchase with a clear "return on investment." However, this is in stark contrast to alternative investments such as the commissioning of a consulting project to create more integrated business workflow. Additional challenges are forcing the pace on improved efficiencies, shorter runs and reduced waste.
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