Many times our business sense makes us believe it's less expensive to just keep on going with the same technology and processes we've been using, and there's no need to switch. While many of us go to the other extreme and ride the latest technology the moment it came out and consistently shifting their business like iPhone users who consistently upgrade. To use technology effectively you must be 60% new tech mindset and 40% stay the same mindset.
New technology generally needs a break in period...to work out the bugs and really see the true benefits from the new concepts, seldom is first to market the one that becomes the entrenched winner. So giving it a bit of time to develop is good. However old technology can also cost a business edge as your competitors puts into place more streamlined operations.
How much is old technology costing your business?
In my time working at MovePoint Moving Software we have run into many clients who were still using Dot Matrix printers and preprinted invoices. However this practice alone is high-priced on the business.
First the most cost-effective technology is whatever is being massed produced. This is an economics principle called "Economies of Scale." Since DotMatrix isn't as generally used as it was in the 80s and 90s this means that less manufactures are making the printers, ribbons, and parts. Also driver support for Windows 7 or even more modern operating systems would possibly not be available, meaning your company could be forced to upgrade when something goes pear shaped. It is much better to have a planned upgrade then a forced upgrade.
Second the DotMatrix printer is about half the pages per minute of a typical off the shelf laser printer. This implies workers are more likely to spend a little more time waiting on a print out. If that print out is needed to complete the current task you know they will be waiting by the printer even if it isn't the best use of their time.
Third the Dot Matrix printers are horrible for printing graphics. This means the ability to brand the documents will need either expensive preprinted documents or be exceedingly unsophisticated/low quality graphics. In the present day's market branding is a key component to any business so your broadcast documents must reflect the standard of your business.
When we show our customers how MovePoint lets them generate bill of ladings/invoices on to generic 3 part carbonless paper from a laser printer it?s like flipping a switch. The cost of the supplies sometimes drops to roughly 50%-25% of the first cost.
When you take the time to look through all of your business practices and technology you will possibly find there are numerous areas where you company can improve efficiency, and reduce reoccurring costs just by adopting new technology be it hardware or software. Industry explicit software is beginning to become commoner place and provides a lot of value. For instance MovePoint Moving Software's clients have a tendency to see a 3 times increase in productiveness after they embrace the efficiencies built into the software. Are there software products out there that may do that for your industry and more importantly, your business?
I recommend after having read this article you stop for an instant and re-assess your business. Find out where major amounts of time or money are being spent and see whether there are paths to reduce the burn from those areas of the business.
New technology generally needs a break in period...to work out the bugs and really see the true benefits from the new concepts, seldom is first to market the one that becomes the entrenched winner. So giving it a bit of time to develop is good. However old technology can also cost a business edge as your competitors puts into place more streamlined operations.
How much is old technology costing your business?
In my time working at MovePoint Moving Software we have run into many clients who were still using Dot Matrix printers and preprinted invoices. However this practice alone is high-priced on the business.
First the most cost-effective technology is whatever is being massed produced. This is an economics principle called "Economies of Scale." Since DotMatrix isn't as generally used as it was in the 80s and 90s this means that less manufactures are making the printers, ribbons, and parts. Also driver support for Windows 7 or even more modern operating systems would possibly not be available, meaning your company could be forced to upgrade when something goes pear shaped. It is much better to have a planned upgrade then a forced upgrade.
Second the DotMatrix printer is about half the pages per minute of a typical off the shelf laser printer. This implies workers are more likely to spend a little more time waiting on a print out. If that print out is needed to complete the current task you know they will be waiting by the printer even if it isn't the best use of their time.
Third the Dot Matrix printers are horrible for printing graphics. This means the ability to brand the documents will need either expensive preprinted documents or be exceedingly unsophisticated/low quality graphics. In the present day's market branding is a key component to any business so your broadcast documents must reflect the standard of your business.
When we show our customers how MovePoint lets them generate bill of ladings/invoices on to generic 3 part carbonless paper from a laser printer it?s like flipping a switch. The cost of the supplies sometimes drops to roughly 50%-25% of the first cost.
When you take the time to look through all of your business practices and technology you will possibly find there are numerous areas where you company can improve efficiency, and reduce reoccurring costs just by adopting new technology be it hardware or software. Industry explicit software is beginning to become commoner place and provides a lot of value. For instance MovePoint Moving Software's clients have a tendency to see a 3 times increase in productiveness after they embrace the efficiencies built into the software. Are there software products out there that may do that for your industry and more importantly, your business?
I recommend after having read this article you stop for an instant and re-assess your business. Find out where major amounts of time or money are being spent and see whether there are paths to reduce the burn from those areas of the business.
About the Author:
Scott Bonner รข€" Senior Developer, MovePoint LLC.Frequent Technology Contributor on Moving Business Network. To find out lots more about Scott Bonner's Web Development Experience visit www.scottbonner.com
No comments:
Post a Comment