HiFlow Solutions, a leading provider of flexible MIS/MES systems for label and packaging manufacturers announces its participation in Florida Graphic Alliance webinar on June 11, 2024.
Printing and packaging organizations depend on correct cost rates to produce estimates that reflect actual costs, make informed pricing decisions, track job costs, measure cost effectiveness and profitability, and sustain a prosperous business. Florida Graphic Alliance is hosting a webinar, June 11, and will discuss cost rates and benchmarking and how to use technology to support growth.
If you don’t know your costs, you’re lost.
With today’s volatile economy, printing organizations must be armed with the best possible information and tools to sustain the business and support future growth. The latest industry budgeted hourly rates and cost analysis software is one of the most valued tools for our industry.
It’s all about the data
How can steep printing and packaging companies steer clear of errors and time drains linked to manual data collection in production? Simply relying on automated data collection isn't sufficient anymore. What is truly needed is a swift and precise comparison between planned and actual production costs, customized exactly to shop floor processes and individual company needs.
To navigate towards optimal decisions, visualizing data becomes paramount. It's about strategizing how, where, and when to allocate resources for maximum efficiency. And by incorporating top industry benchmarks into the mix, a company can elevate operational management to the next level.
The webinar, hosted by Florida Graphic Alliance, with presenters from Profectus and HiFlow Solutions, will help you unlock insights into your costing process.
Among the topics in the webinar include:
- How to determine the fixed costs, variable costs, labor costs, and contribution margin of equipment and services
- Improving pricing strategies by avoiding low margin orders and winning high profit orders
- How to capture real costs in the production process through automating data collection
- Data visualization and business intelligence to drive efficiency and profits
- Benchmarking effectiveness of production workflow
- Benchmarking labor, factory, and overhead costs and rates against other organizations
Register today at Florida Graphics Alliance.
When: Jun 11, 2024 10:30 AM Eastern Time (US and Canada)
Topic: Maximizing Profitability: Data-Driven Solutions in the Packaging Industry
LINK: https://us02web.zoom.us/webinar/register/WN_41JzzZOfSoWTNInFkGiH6A
HiFlow Solutions provides MIS / MES production and business management software that helps packaging manufacturers operate more efficiently and profitably. The company delivers a complete range of services including: a leading-edge MIS system; integration with machines services to ensure seamless operations; and consultative services for utilizing technology to drive efficiency, build scale, and improve profitability.
HiFlow offers custom software development services for folding carton, corrugated, flexible packaging, label converters and printing companies. HiFlow Solutions has been providing MIS and MES solutions for more than 24 years to over 116 clients. Its international sales headquarters is located in Miami, Florida.