How can benchmarking drive profitability in your plant?


June 11th 2024

Using data and business intelligence to drive efficiency and profits

What You Will Learn

How to determine the fixed costs, variable costs, labor costs, and contribution margin of your equipment and services 

Improving your pricing strategy 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 the effectiveness of your production workflow

Benchmarking your labor, factory, and overhead costs and rates against other organizations

Why should you participate in the webinar? If you don’t know your costs, you’re lost.


Are you able to quickly benchmark your costs against the industry?  

Can you do it in a matter of seconds without causing any delays for your business, which could potentially result in lost sales? 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 is all about data


How can we 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 you truly need is a swift and precise comparison between planned and actual production costs, customized exacty to your shop floor processes and your 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, you’re poised to elevate your operational management to the next level of managing your operations.

Don’t miss out on unlocking the true insights into your costs. 


Craig L. Press is the owner of Profectus Inc., offering specialized products and consulting solutions designed to help printing and packaging organizations increase sales, grow the business, and boost financial performance. He has over 40 years of experience in all areas of the printing and packaging industry including sales, pricing, estimating, customer service, production, costing, inventory control, accounting, and MIS/ERP software. Craig has contributed to the success of hundreds of printing and packaging organizations throughout North America.

Jack Lafler, VP, Sales and Technical Services, HiFlow Solutions 

Jack is a seasoned professional in the printing and packaging industry (30+ years) and worn many hats in his career including shop floor manager and VP of technical services for a $54M print company. With over 15 years in the MIS/ERP industry, he has helped packaging and print companies transform their production and business ecosystems with technology, and today, he introduces productivity, automation and data management systems with HiFlow Solutions.