Case studies: Publishing & Catalog Solutions
Magazine Publishers and Catalogers Increase Profitability by Reducing Paper Spend
Magazine Publishers and Catalogers Increase Profitability by Reducing Paper Spend
Situation
With readership trends undergoing significant evolution, magazine publishers and catalogers needed innovative solutions to help them save money on paper and greatly improve their bottom line.
Challenge
Develop a diverse range of complementary strategies to give publishers and catalogers greater paper choice and flexibility while simultaneously reducing cost and improving efficiency.
Solutions
Our account specialists met with a wide spectrum of production and manufacturing leaders to understand the kind of paper sourcing and inventory management arrangements that would be most beneficial in the face of changing industry dynamics. From those discussions, we saw a need for two initial strategies that could provide immediate and lasting benefit:
- Outsourced inventory management—JP Gould establishes and manages entire paper purchasing programs for clients. We buy and own the inventory and contractually supply the stock, as needed, through our worldwide distribution network. This program takes paper-related expenses off the customers’ books and helps them improve cash flow while speeding production.
- Alternative sourcing—Where we see clear benefit, we also offer clients lower cost paper options and alternatives. Our teams work to understand client needs and production requirements to suggest different options for paper grades, basis weights, brightness, gloss, smoothness, fibers—any variable factor.
Outcome
These strategies are helping clients produce more, spend less and better control paper costs overall. In addition, we continue to work with publishers and catalogers to seek even more creative solutions to help them meet the challenges ahead.
By outsourcing our entire paper inventory management and storage to JP Gould, we’re able to reduce overhead, save time and effort, and always be assured of having the stock we need on time.
Head of production for a major magazine publisher