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| Maximum Up-Time, Cost Avoidance & ValueTo insure this we investigate with you your expectations and environment making conclusions of needs that also include operational and supply continuity needs. Then, we develop a solution that utilizes the appropriate matched media elements, address hidden cost areas and our primary manufacturing is ISO 9000 compliant. You may be asking why? Or saying to yourself that your need is simple and labels are a commodity, why go to this extreme? Reason: Because all label products aren't created equal. Question:
Answer: We agree... sort of. But, we don't believe Price = Cost (but price is important)
You need to ask yourself the following: What is a commodity? That which affords ease, convenience, profit, or advantage; anything that is useful. (Webster's Dictionary) What is Price? Price is the out of pocket cost associated with obtaining an item. What is cost? Cost is the true expense associated with a business process. An element of cost is price of a product, but other factors such as labor, facility, and the cost of failure are also present and often the major elements. Cost = Purchase Price + Labor + Facility + Cost of Failure Unfortunately, many businesses have come to think of a commodity as an item that is inconsequential in use, quality variation or acquisition source. Therefore, the primary factor used to obtain it is low price. |
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