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Barrier Guard Oxygen Smart Recognized by The Association of Plastic Recyclers

Barrier Guard Oxygen Smart Recognized by The Association of Plastic Recyclers

Ring Container Technologies, a leader in the plastic container manufacturing industry, today announced Barrier Guard Oxygen Smart, a technology designed to protect both product freshness and the environment, has received Critical Guidance Recognition from The Association of Plastic Recyclers (APR).

A program for assessing recyclability in plastics packaging design, APR’s Critical Guidance Recognition is presented to companies for products that solve well-established challenges in sustainable package design. Barrier Guard Oxygen Smart has met the high standards for clear PET resins and molded articles, supporting the APR’s design for circularity.

“While traditional barrier systems typically inhibit single stream recycling efforts, our proprietary barrier technology has been formally recognized by APR as being non-detrimental to the clear PET recycling stream,” said Brian Smith, Ring Container President and Chief Operating Officer. “The environment is depending on our industry to create more sustainable solutions to packaging, and Ring is proudly committed to moving plastics technology forward.

Barrier Guard Oxygen Smart previously earned the How2Recycle “Widely Recycled” label with broad acceptance in curbside programs. This proprietary technology reduces the need to create new material from fossil feedstock due to the circular benefits of readily recycled and highly reusable PET. It can also utilize post-consumer recycled content with no effect on barrier protection.

Barrier Guard Oxygen Smart can be customized to achieve up to a 24-month shelf life with a range of products including ketchup, other tomato-based sauces, instant coffee, nuts, and baby food among others.

“APR’s Critical Guidance Recognition Program is the gold standard for determining the effect of an innovation on the quality of the plastics recycling stream,” according to Steve Alexander, APR’s President and CEO. “We commend Ring Container Technologies for the development of their Barrier Guard Oxygen Smart technology, which has received Critical Guidance Recognition, a first for materials of this type.”

https://www.ringcontainer.com/

 

 

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Mondi Scores Recycled Paper at Sustainable Packaging News Awards and Further Contributes to a Circular Economy

Mondi Scores Recycled Paper at Sustainable Packaging News Awards and Further Contributes to a Circular Economy

  • Awards recognise EcoVantage that combines fresh and recycled fibres for sustainable and food compliant shopping bags.
  • Mondi is closing the loop by recycling Tesco’s warehouse corrugated waste to create EcoVantage paper.
  • Awards highlight Mondi’s commitment to creating circular driven solutions in line with its MAP2030 sustainability targets.

Mondi, a global leader in sustainable packaging and paper, recognised in two categories at the Sustainable Packaging News Awards 2022 for the circular economy and the overall category.

The awards, presented by Sustainable Packaging News magazine, recognise environmentally friendly and innovative packaging and recycling solutions as well as
packaging-related improvements in operational processes such as production, logistics, and distribution.

The Tesco shopping bags, made from EcoVantage paper produced at Mondi’s Štětí mill in the Czech Republic, shows how suppliers can work with retailers to develop circular systems and turn waste back into a valuable resource. Mondi’s EcoVantage paper combines the strength, printability and appearance of a fresh fibre top layer with the sustainability advantages of a recycled fibre inner layer.

Mondi’s collaboration with the retailer aims to close the loop by working across the entire supply chain. As part of the partnership, Mondi recycles corrugated packaging waste generated at Tesco and turns it into EcoVantage paper. Mondi’s converting network then produces the shopping bags, which Tesco Central Europe customers use for their shopping. This partnership helps Tesco work towards its net zero emissions target using a recyclable and high-performing shopping bag.

Jiri Ransdorf, Technical Sales Service Manager, Mondi Štětí , says: “Our aim is to create not only a recycled paper grade, but also one that is strong enough to meet the demands of shopping bags for food and non-food applications. Thanks to extensive collaboration with our customer Tesco, being honoured with two awards shows that we are moving in the right direction.”

www.mondigroup.com

 

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arburgXvision: Into the Digital Future with Teamwork

arburgXvision: Into the Digital Future with Teamwork

  • arburgXvision: Live programme revolves around digitalisation
  • Future-proof: No company can avoid this topic
  • Important: Deutsche Telekom praises Arburg as a flagship company and pioneer

It’s a topic that no company can avoid: Digitalisation! What can it do, what does it offer, what risks does it conceal? The experts on the arburgXvision programme on 24 November 2022 Stephan Reich, Arburg Divisional Manager IT Digital Solutions, Peter Kowalewski, Arburg Team Manager Industrial Solutions Support, and Thomas Pöggel, Telekom Business Development Manager 5G Business Customers, were unanimous in their opinion that digitalisation is the future that offers more opportunities than risks. Matthias Schneider, Managing Director Digital Services & IT at Fischerwerke, one of the market leaders in fastening systems, took the same view. He presented their digital journey and the company’s experiences with the Arburg host computer system in a video short.

Attracting around 3,600 viewers (as of 29 November 2022), the arburgXvision programme on the topic of “Digital services – opportunities and risks of digitalisation” was the most successful of the year. This figure proves that the topic is on the minds of those in the industry.

As Stephan Reich noted: “No one can afford not to invest in this sector. Digitalisation offers countless opportunities, including energy saving, for example, but this must be part of everyday practice.” Peter Kowalewski added that “the important thing is to have the right strategy with the right partner.” Thomas Pöggel from Deutsche Telekom said that it was not a matter of one or two years either and that a long-term plan was always needed. And he offered praise: “Arburg really stands out. The company is a flagship and ahead of many others. That’s what makes it so interesting for us as a pilot customer for the 5G campus network.”

Fischerwerke successfully uses ALS

A real-life example was provided in the video clip of Fischerwerke, the world-renowned anchor manufacturer based in the Black Forest. For Matthias Schneider, Managing Director Digital Services & IT, digitalisation has had a real boosting effect, with the involvement and participation of employees a crucial factor: “Many things have changed for them. New procedures in the workplace, training. But they have accepted it and are thinking about what we can optimise further and how best to do this.” The producer of 14 million dowels a day uses the Arburg host computer system (ALS) because it is the best, as confirmed by Schneider: “When it comes to injection moulding, no system is stronger. ALS is helping us to optimise production in many areas.” The goal at Fischerwerke is to interlink all their machines worldwide in order to achieve even more efficiency in production processes.

Concerns about data security

A live survey among the audience revealed that digitalisation is part of everyday practice for only 28 per cent of the companies. The rest, at least, see it as an opportunity for the future. What concerns everyone is the issue of data security. Thomas Pöggel reassured people by saying that Deutsche Telekom had adapted its modular system considerably in the past few years and sees that the cloud is trusted the most. Peter Kowalewski also gave an assurance that the data would of course always remain with customers when they used ALS. Arburg offers a three-phase model for this: data remains on the machine, with customers in their networks, and in Arburg’s arburgXworld customer portal. Security is also comprehensively guaranteed for the increasingly popular 5G campus networks, according to Thomas Pöggel the “digitalisation turbo for the production of tomorrow”.

Optimistic look into the future

Peter Kowalewski is certain that the topic of digitalisation has arrived in the plastics industry. Companies want to do something because they’ve realised that a lot can be achieved with relatively little effort. For the coming years, the expert panel expects a lot to happen in terms of standardisation in the interfaces. Digitalisation will be used to try to counteract the shortage of skilled workers, for example. The “remote expert” will soon be standard. Operations will become easier, assistance systems, cross-linking and automation will advance. But all this is probably linked to the fact that there will be fewer staff.

Programme available in the media library

Sometimes, however, life writes the most incredible stories. Of all the topics, some viewers of the 14th arburgXvision programme on “Digital services – opportunities and risks of digitalisation” experienced transmission difficulties at the beginning. But in the end the problem was masterfully solved, with the content of the beginning of the programme simply added at the end. Consequently, around 900 viewers followed the live programme on social media. However, it could be accessed in the media library shortly after being broadcast. In the follow-up (as of 29 November 2022), more than 2,600 people took the opportunity to watch the programme on catch-up on the event website or on Arburg’s various social media channels. All 14 arburgXvision programmes can be found in the media library (www.arburgxvision.com/mediathek). It’s worth taking a look!

 

 

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Wire China 2023 – Leading Regional Trade Fair for the International Wire and Cable Industry With New Date in Shanghai

Wire China 2023 – Leading Regional Trade Fair for the International Wire and Cable Industry With New Date in Shanghai

After several pandemic postponements this year, it is now certain that the leading regional trade fair for the wire and cable industry, wire China, will be held at the Shanghai New International Expo Centre (SNIEC) in 2023.

The organizers Messe Düsseldorf (Shanghai) Co., Ltd. and Shanghai Electric Cable Research Institute Co., Ltd. have decided not to hold wire China this year after considering the Covid-19 restrictions that still prevail.

A date will be announced soon.

Further information under: www.wirechina.net

 

 

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Cyber Graphics Takes First Catena-WDLS in North America

Cyber Graphics Takes First Catena-WDLS in North America

With the installation of a highly automated ThermoFlexX Catena-WDLS processing system, Cyber Graphics is expecting an increase in productivity by up to 15%. This will allow the prepress specialist to better face current challenges and accelerate delivery of top quality flexo plates to its large customer base across the US and Canada.

A leading prepress trade shop established in 1994, Cyber Graphics is the first in North America to invest in the Catena-WDLS Washer, Dryer, Light-finisher, and Stacker from XSYS. The machine was installed this past June and has already more than lived up to expectations, according to Kevin Bourquin, Vice President of Operations.

“Due to the pandemic, we had to go ahead with the decision to buy the Catena-WDLS without seeing it live; instead, we experienced its superior technology through videos and saw it operate via conference calls. Now it is here and it’s even better than we anticipated,” he said. “What has been most impressive about the installation so far is that we were putting production jobs through in a matter of days. Usually, it takes weeks to implement new processing technology and get it working seamlessly, but the Catena machine just slotted in, and we were up and running in no time.”

Automation delivers faster and better

Cyber Graphics has over 120 employees spread over its four locations in Tennessee and Wisconsin, in the United States. Around 70% of customers are in the flexible packaging sector, but the company also serves label (20%) and folding carton (10%) converters with high-quality solvent flexo plates. End use applications are mainly for the food, beverage, pet food and pharma markets.

Cyber Graphics operates four automated plate processing lines, which allow printing plates to be shipped out to customers the next day. “Just-in-time delivery is crucial for our customers, so we rely on a very high level of automation to ensure we have the productivity and the consistency that these converters need to serve their brand owner customers,” said Bourquin. “Having that extra speed really helps offset some of the challenges we are currently facing when it comes to getting the plate delivered to the customer.”

Taking many variables out of the equation, including operator handling of plates between each of the processes, the ThermoFlexX Catena-WDLS is fully automated, meaning that after loading a plate into the system, no further intervention is required until the fully finished article comes out. “The WDLS is an operator’s dream, and our employees love the new system because it is so user-friendly and intuitive to use,” said Bourquin about the feedback from the factory floor.

He continued, “If you’re serving multiple customers around the country, automation is paramount for controlling costs, quality and waste; it also means your team can focus on value-added tasks instead of minding the machine. With the Catena-WDLS, we don’t need to pull the plate out to inspect it during the process, because we know we’re going to get the result we want.”

Deep plate knowledge built in

The partnership with XSYS goes back decades with Cyber Graphics relying on the manufacturer’s technology to remain at the forefront of a highly competitive market. “We have known the XSYS team for a very long time and we trust their forward-thinking mentality and their responsiveness. Thanks to XSYS innovation and their can-do attitude, we have been the first with many new developments over the years, such as LED plate exposure,” stated Bourquin. “Now we are the first to leverage the power of the Catena-WDLS.”

Despite having researched the Catena-WDLS in great detail, the exceptional quality of the processor was still a surprise, as Bourquin concluded, “The deep knowledge of the platemaking process incorporated into the design of the Catena-WDLS has been truly eye-opening for us. We had a major outage in 2019 when a machine broke down for 11 days, but the ThermoFlexX ProServeX cloud-based monitoring service, which features predictive maintenance, will prevent such incidents in the future and that’s incredibly reassuring – we definitely made the right call!”

www.xsysglobal.com

 

 

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Adding a Fourth Dimension to 3d Printing

Adding a Fourth Dimension to 3d Printing

Purdue University researchers have developed a patent-pending method to add particles to filament and disperse them evenly through a traditional fused deposition modeling, or FDM, 3D printer, which will aid industry in manufacturing functional parts.

Brittany Newell and Jose M. Garcia-Bravo, associate professors in the School of Engineering Technology in the Purdue Polytechnic Institute, and Tyler Tallman, assistant professor in the School of Aeronautics and Astronautics in the College of Engineering, have created a novel wet-mixing method to introduce electrically conductive particles into 3D printing filament polymers. Cole Maynard, who earned his PhD in August, and Julio Hernandez, a doctoral candidate, were pivotal to the research.

Traditional 3D printing makes prototypes of parts with no sensing capabilities. Sensors must be added to the part after the fact if assessments are to be made. The process can be thought of as adding sprinkles to cookies after they are baked: The sprinkles exist only on the outside of the cookie. Traditional foil-type strain gauges, which are the most common strain sensors, are adhered to the surface of a printed part by an epoxy resin, Newell said. However, in this work the sprinkles are added throughout the cookie dough before baking. This means that sensing capabilities are an inherent part of the printed component and allow for sensing inside of the component. Unlike sprinkles, these sensors are too small to be seen without a microscope. Their tiny scale allows the printed part to maintain strength it would have otherwise sacrificed due to large sensors built in, while still achieving fully integrated sensing capabilities.

“Generally, we apply that strain gauge across the full part or apply it to the top and bottom of the part to get information on overall strain across the part,” Newell said. “However, the middle and internal structures are never monitored since the gauges are glued to the surface.”

The Purdue wet-mixing method ensures an even distribution of particles throughout the filament. With the sensors dispersed evenly in the filament, manufacturers and researchers can design parts with a wider variety of shapes.

“The results from this work enable users to create complex 3D structures with embedded strain gauges, rapidly moving traditional prototype pieces into fully functional and structurally assessable parts,” Newell said. “A limitation of application of 3D printed parts has been in their durability. With this development, we can continually monitor the structural health of the part with the sensor embedded in the print.”

Tallman said, “This method produces materials that are conductive with very good uniformity, which greatly expands the electrical applications of 3D printed parts and sensor designs.”

Garcia-Bravo said, “The materials are also tunable, meaning we can adjust the electrical and mechanical properties to optimize the sensor or part for a desired application.”

The novel wet-mixing process is not limited only to sensor conductivity.

“This work can be further expanded to add other particle types using the same wet-mixing method,” Newell said. “This could include the addition of magnetic particles for electromagnetic fields, fluorescent particles and other functionalities.”

https://www.purdue.edu/

 

 

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ESD Protection in Harsh Environments: Graphene Nanotubes Expand Textiles’ Functionality

ESD Protection in Harsh Environments: Graphene Nanotubes Expand Textiles’ Functionality

  • Polymer-coated chemical-resistant fabrics and fireproof special textiles with expanded electrostatic discharge (ESD) safety function have been developed.
  • Graphene nanotubes used as an electrostatic dissipative material make it possible to add ESD protection without compromising resistance to aggressive environments.
  • Efficient working loadings starting from 0.06% are sufficient for stable anti-static properties fully compliant with safety standards and position graphene nanotubes far ahead of other conductive materials.

Protective clothing, upholstery, and industrial fabrics that experience harsh conditions require advanced performance. Depending on the final application, specialty textiles can be augmented with flame retardancy, durability, chemical protection, and other properties. Additionally, ESD protection is obligatory in the chemical, rescue, mining, oil & gas, automotive manufacturing, and many other industries that are subject to safety regulations.

In applications where multifunctionality of textile is required, graphene nanotubes overcome the limitations of other conductive materials such as unstable anti-static properties; degradation of strength, or chemical or fire resistance; complicated manufacturing processes; dusty production; carbon contamination on the material’s surface; or limited color options. Recent developments show that graphene nanotubes provide ESD protection to textiles in full compliance with safety standards and without degrading the textile’s resistance to harsh environments, greatly enhancing the value of textiles.

One such example is textiles coated with fluoroelastomer (a polymer that is highly resistant to chemicals) augmented with graphene nanotubes from OCSiAl. Nanotubes provide the material with surface resistivity of 10^6–10^8 Ω/sq compliant with EN, ISO, and ATEX standards for personal protective equipment. This new technology opens the door for the fabric to be used in high-level protective suits, combining exceptional protection from chemicals with electrostatic discharge protection.

Another example is how graphene nanotube technology is being acknowledged as a replacement for metal yarns in fireproof and anti-static textiles, protecting against sparks, splashes of molten metal, high temperatures, and the risk of sudden electrostatic discharge. While metal yarns require a specific knitting process and storage conditions, incorporating nanotubes in a fabric does not require any changes in the manufacturing process as the water-based dispersion is introduced into the fabric at the fluoro-organic treatment stage. The fabric with OCSiAl’s graphene nanotubes has been proven to maintain the pre-set level of ESD protection (surface resistance of 10^7 Ω) after numerous washes.

Permanent and stable electrical conductivity, facilitated by graphene nanotubes, is not only a matter of safety but brings additional value in augmenting dust-repellent properties and touchscreen compatibility for comfort and time savings. At the same time, the ultralow nanotube concentrations result in maintained manufacturing processes and mechanical properties, and improve product aesthetics by making it possible to use a wide range of colors. Altogether, these benefits allow manufacturers to create next-generation special textiles with expanded functionality.

Learn more about graphene nanotubes in technical textiles at tuball.com.

 

 

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Client Relationships Should Be More Engaging. Here’s Why

Client Relationships Should Be More Engaging. Here’s Why

By Mark Hinder, Responsible for Business Development Programmes, Graphic Communications, Ricoh Europe

Customers don’t see channels; they see brands instead. It’s why brands should seek to build long term, worthwhile, customer relationships through meaningful engagement. That is one of the key insights shared in the fifth book in Ricoh’s Guides to Modern Marketing series.

In a world of highly targeted, personalised marketing communication, sustained customer relationships are created across multiple communication platforms. Customer engagement marketing (CEM) is vital. CEM happens when brands use personalised communication to guide their audience through a planned customer journey. From lead to sale – it’s all about a welcoming and nurturing a relationship.

Customer engagement can take a number of different forms including:

Creating Impactful Content

Content provides the substance to your communication, gives it purpose and ultimately delivers the tactics to meet the strategy. Brands use great content for acquisition and retention. To achieve that, identify who you want to be your company’s spokesperson and develop interesting content that resonates. Your content should address your audience directly and respond to their wants and needs. Creating and publishing appropriate content means that you’ll need to fully understand the customer lifecycle states, which range from prospect to new customer to loyal brand fan, and their pain points. Offering solutions will be valuable. Examples include 5 Top Tips, 4 How Tos, or 3 Did You Knows.

Being Creative

You don’t have to be a creative genius to produce great marketing creative. But you do need to know what’s relevant to your clients to build a foundation for compelling creativity that engages, inspires, and sells. Start with a creative audit that evaluates every aspect of your business then look at ways to stand out and establish common ground with your audience. Colour your creativity to influence people’s moods, productivity, and behaviour. Research from the CCI Colour Institute and the University of Winnipeg indicates that between 60-90% of our judgements on brands, products and our clothing are based on colour. Cool colours, like blue and green recede from the eye and are used to calm our reactions. Warm colours, such as red and orange, advance so they increase our heart rate and energy. Paying attention to graphics, fonts and words can also influence tone of voice and grab attention.

Ensuring Relevance

Consider how relevant you are to your clients’ wants and needs. Brands tend to be one of the following:

  • Customer focused with a customer obsession mindset. They find out who their customers really are, not just what they buy, and meet core wants and needs.
  • Pragmatic – they take bold steps, make smart business bets, and often move on from failure and experiments quickly. They have their products available when the customer needs them and can deliver consistent customer experiences.
  • Innovative and obsessed with what competitors are doing and what customers are yearning for. They know that without constant innovation, they won’t still be around tomorrow. They create emotional customer connections and earn long term trust.
  • Inspiring industry leaders that push the status quo and engage with their customers in new and creative ways. They also find new opportunities to meet their customers’ wants and needs.

Achieving relevance is not just about what you say – it’s where and when you say it. Communication must be meaningful, of the right length and in the right place.

Using Digital Marketing

Explore social platforms and the different communication opportunities they offer, use digital search advertising, and consider digital display advertising. Also transform your website into a dynamic marketing hub and consider how your website can help continue conversations.

Choosing Print

People react to print because it’s tactile. It’s a different way to consume communications and therefore works on our subconscious brain in subtle, effective ways. Direct mail is as responsive today as it’s always been and still outperforms Social Media. A multi-part DM piece demands to be explored in its many component parts. Print has many benefits, for example brand recall for print ads is higher than for digital display, and printed information requires less effort to process by our overloaded brains.

Wow them with Digital Print Enhancement

Build closer relationships with your clients by demonstrating that you are a partner rather than a supplier. One who is proactive and full of ideas that can support their business. The extraordinary effects and impact that can be conjured up by Digital Print Enhancement make it the kind of suggestion that can earn their trust and loyalty. Consider taking advantage of a Ricoh EDGE (business development consultancy service) workshop on how to exploit this opportunity, where margins are high but so will client satisfaction be too.

Letting your clients have their say 

Customer Generated Marketing (CGM) is changing the way companies seek out, convert, and retain customers in the digitally driven world. It’s a world where people place higher value on the opinions of strangers than they do on established brands. It’s a world where no-one is afraid to voice an opinion, or idea, so print companies simply have to listen. It’s also an effective way for you to get great ideas. It works best with loyal fans where client idea generation can be encouraged with incentivisation.

These are just some of the many impactful ways customer engagement can be developed. By exploring some, or all, of these Print Service Providers can start new conversations with their clients and strengthen existing relationships.

Engage is one of five other books in the series that also includes Audience, Modern Marketing, Brand, Vision, and Optimise. They have been developed to provide a practical, easy and enjoyable way to shape business growth and profitability.

For further information, please visit www.ricoh-europe.com

 

 

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Futureproof Your Workflow: Job Onboarding

Futureproof Your Workflow: Job Onboarding

By Erwin Busselot, Director, Business Innovation & Solutions, Ricoh Graphic Communications, Ricoh Europe

Public transport systems, like the underground, metro and trams, are remarkable for the ability to move large numbers of people throughout a city efficiently.

For instance, the subway system in Tokyo moves nearly seven million people into and around the city during business days.

It works for several reasons. There are established routes, connection points, and schedules. There are timetables and route maps that clearly show how to use the system. Even tourists can quickly grasp where to go and how to get there.

These same lessons can and should be applied to job onboarding in your print production workflow.

How do clients submit order requests along with their supporting artwork and data files? There is no single path, but there should be clear instructions and directions on how to make those submissions.

Clients may use a branded, online storefront to order products, but many still come through your sales channels, most likely using email. The key is to get the minimum amount of information to accurately quote and produce the job using the minimum effort required by the client and your staff. The side benefit is increased client and employee satisfaction.

The best place to start is by evaluating your current set of print applications and documenting the specifications required for each.

With criteria in hand, build processes and solutions to accurately and repeatedly capture the information needed for quoting and production.

Two commonly overlooked solutions for capturing and standardising client requests are your e-commerce (web to print) solution or the online customer portal of your Print MIS. These systems act like virtual sales machines, allowing your clients to submit their orders 24 hours a day. And also they are checklists for your account managers and sales staff to submit orders on the client’s behalf.

Your clients need an easy way to submit artwork artwork and files. And then your workflow and systems need to be efficient and automated. The client’s artwork and data files also need documented methods for submission. Using email, FTP, or online file transfers is inefficient since your staff must locate, download, and transfer the files into your print production workflow. A better option is to use software solutions that are secure and can insert the client’s files into the workflow for further processing and automation. Web to print solutions are designed for this type of job onboarding. Other workflow management solutions, like RICOH ProcessDirector™, can also monitor network locations to pick up files for routing and processing.

Does your workflow look like an underground or metro map? With multiple job entry points with the ability to automatically route work to the final destination via multiple processing stops, some common and some unique, based on the requirements of the application. So that your jobs always reach the right destination.

Streamlining and automating job onboarding decreases the costs associated with receiving client orders and the likelihood of introducing costly errors (and dissatisfied clients above all). It also increases the amount of time your account managers and sales staff have to focus on serving your clients – a key to building a workflow that is future proof.

For further information, please visit www.ricoh-europe.com

 

 

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Are You Ready for the Industry Challenges 2023 Could Bring?

Are You Ready for the Industry Challenges 2023 Could Bring?

By Sander Sondaal, Director Commercial Print Sales, Ricoh Graphic Communications, Ricoh Europe

Printing United Alliance’s State of the Industry report cemented what many of us have known for a long time. The survey of its American printer membership found we are edging ever closer to a recession as the economy continues to slow appreciably over the next 12 months. Its view of the market is something that will resonate strongly with European Print Service Providers (PSPs) too.

The survey found the top seven challenges identified by commercial printers, graphic and sign producers, packaging printers and converters and apparel decorators were:

  • Rising substrate costs
  • Material shortages
  • Rising labour costs
  • Rising transportation costs
  • Labour shortages
  • Maintaining profitability
  • Rising energy costs

Four fifths of respondents reported increased sales on a year ago although only half experienced a rise in pre-tax profitability. And while two thirds signalled interest in investing in capital equipment – hardware and software in 2023 – 28.7% were unsure of their investment plans with uncertainty about the economy cited as the main influencing factor.

The recently released 8th drupa Global Trends Report from Messe Düsseldorf research partners Printfuture (UK), and Wissler & Partner (Switzerland), found that Print Service Providers (PSPs) are quite resilient in the face of many crises.

The headline figures were optimistic. Globally, in 2022, 34% of the printer panel stated their company’s current economic condition to be “good” and 16% described it as “poor,” yielding a net positive balance of +18%. The expectations for 2023 are even better, with a net balance of 27% of participants expecting good business. However, European printers anticipate their economic condition will worsen in 2023 due to rising paper and energy prices and a general stalling of the economy.

The report also found that, since 2019, capital expenditure had fallen steadily reaching a low in 2022. But, as a result, a rebound in investments is expected in 2023 and could potentially surpass the capital expenditure in all previous years as operations catch up.

According toWalter Fricke’s How to Survive a Recession and Thrive Afterwards, “Recessions are a high pressure exercise in change management, and to navigate one successfully, a company needs to be flexible and ready to adjust. It’s tempting to think of a recession as a time to batten down the hatches and play it safe. However, downturns …encourage the adoption of new technologies.”

Ranjay Gulati, Nitin Nohria, and Franz Wohlgezogen, take this approach a step further when they say instead of retreating into survival mode and hoping for the best, businesses can prepare to come “roaring out of recession.”

Both point to agile PSPs as those most likely to identify opportunities and ride out a downturn and lay firm foundations for continued success once the downturn ends.

But how do you identify the right opportunity? This is something Ricoh’s EDGE business development consultancy service can help operations with. By working through its lean canvas (see example below) PSPs can evaluate and identify relevant opportunities.

 

Problem/Pain Point   Why this product/service will be important to clients Solution   How are you going to solve the problem/relieve the pain? Customer Segment     Your target market
Channels   How will you reach the target market? Unique Value Proposition   Why your target market will buy from you rather than the competition? Revenue Streams   Revenues the product/service is expected to generate
Cost Structure   Costs of bringing the product/service to market Key Metrics   How will you measure performance/if expectations are being met Your Unfair Advantage   Specific skills/attributes that will differentiate you

 

They could also consider questions such as:

  • Why now?
  • Precisely for whom will we create the value/solve the problem?
  • How big is the opportunity?
  • What alternatives are out there?
  • Why are we best suited to pursue this? What’s our differentiator?
  • What factors – internal and external — are critical to success?

The aim is to avoid wasting time and money on poor opportunities while gaining an understanding of what will be required to succeed with good opportunities.

Interested in seeing what opportunities there are for your business to discover, introduce and build successfully on? Speak to our team to learn more about how Ricoh EDGE can help.

For further information, please visit www.ricoh-europe.com

 

 

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