| John M Kamp |
| Instructor – Lean Principles and Tools On-line Lean Six Sigma Program at Purdue University |
Reprographics 101
(more than you ever wanted to know about the reprographics industry)
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mso-fareast-language:JA;}The cut-off date for participation
has been extended to July 22nd.Survey results are absolutely meaningless
unless there’s widespread participation. If there isn’t substantive participation, it
is highly likely that I won’t bother to publish the results.Participation-confidentiality is assured. We
are using Survey Monkey to conduct this survey, and the information gathered by
Survey Monkey does not, in any way, shed light on who actually participates in
the Survey.What reason could you possibly have for not
participating in this Survey?Are you not
interested in comparing (benchmarking) your results with the results of others
in the industry? Are you not interested
in comparing your opinions with the opinions of others in the industry? Are you unaware that information about trends
could have an affect on your company’s strategic plan and on your exit
strategy?Best
regards,JoelLink to Survey: -
News Release
ARC Document Solutions Completes Bond Repurchase to Reduce Long-Term Debt WALNUT CREEK, CA — (Marketwired) — 07/10/13 — ARC Document Solutions (NYSE: ARC) today announced that the company has concluded the open-market repurchase of approximately $7 million in aggregate principal amount of its 10.5% senior unsecured notes due December 15, 2016. The repurchase was intended to reduce ARC’s long-term debt and annual interest obligations, and made no use of the Company’s $50 million revolving credit facility which remains undrawn.“As expected, our cash position through the second quarter has strengthened and we have worked through the majority of the costs associated with the restructure we implemented in the fourth quarter of 2012,” said K. “Suri” Suriyakumar, Chairman, President and CEO of ARC Document Solutions. “While we have a number of opportunities to invest our excess cash, the most compelling was to deleverage the company by repurchasing a portion of our debt. We may consider additional steps to further reduce our debt and interest obligations in the future provided conditions favor the company, and our performance and the economy continue to improve.”ARC’s high-yield bonds were issued on December 1, 2010, in the aggregate principal amount of $200 million and are due inDecember 2016. The bonds are senior unsecured obligations of the Company, and bear an interest rate of 10.5% per annum, payable semi-annually on June 15 and December 15. The bonds contain an optional call provision dated December 15, 2013. -
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mso-fareast-language:JA;}Educational Training Event to be held in Las Vegas in early
August: -
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mso-fareast-language:JA;}Reprographers, please kindly take the time to
participate in the Mid-Year Survey Reprographics 101 is conducting!The cut-off date for participation is July 15th.Survey results are absolutely meaningless
unless there’s widespread participation. If there isn’t substantive participation, it
is highly likely that I won’t bother to publish the results.Participation-confidentiality is assured. We
are using Survey Monkey to conduct this survey, and the information gathered by
Survey Monkey does not, in any way, shed light on who actually participates in
the Survey.What reason could you possibly have for not
participating in this Survey?Are you not
interested in comparing (benchmarking) your results with the results of others
in the industry? Are you not interested
in comparing your opinions with the opinions of others in the industry? Are you unaware that information about trends
could have an affect on your company’s strategic plan and on your exit
strategy?Best
regards,JoelLink to Survey: -
Wednesday, June 26, 2013
Press release from ContexSpecially-Priced Standalone Solution Enhances Productivity and Reduces Overall Scan TimeRockville, MD – Contex, the world’s leader of wide format scanning and imaging solutions, today announces the release of the HD Scan Station Repro. Built to address the demands of productivity scanning, the HD Scan Station Repro packages innovative Contex technology into an all-in-one solution that maximizes efficiency and delivers accurate, high-quality captures upon first scan. The HD Scan Station Repro combines the award-winning HD Ultra scanner with an adjustable stand and built-in computer tray, a 17-inch touchscreen, and Nextimage Repro software. Its innovative design erases time-consuming processes from scanning, resulting in a simplified and productive scanning experience. Available for the HD i4250s or HD i4290s models, the HD Scan Station Repro is specially priced until September 1st.As an all-in-one scanning solution, the HD Scan Station Repro integrates seamlessly into an office workflow. Its adjustable height and movable touchscreen allow users to customize the stand to their preferences. The built-in computer tray consolidates equipment into a centralized unit, thus eliminating time-wasting trips between scanner and computer. User-friendly Nextimage Repro software streamlines operations by simplifying scanning and connecting directly to any printer or device in the network. Current HD Ultra owners can easily upgrade to an HD Ultra Scan Station Repro with a scanner license and HD Ultra Scan Station Repro Kit, comprised of the Nextimage Repro License Key, stand, and 17-inch touchscreen.“Contex prides itself on providing its customers with the best scanning solutions to suit their business needs,” states Steve Blanken, General Manager, Contex Americas. “With the HD Scan Station Repro, we’ve eliminated the usage of separate components from scanning by designing a standalone solution that surpasses industry standards of productivity and usability.”Driven by the HD Ultra’s innovative features, the HD Scan Station Repro boasts best-in-class image quality and speed. 48-bit CCD technology captures fine details while Contex Natural Light and the widest color gamut possible ensure the highest accuracy in color reproduction. With an unrivaled scan speed of 8-inches a second in color, the HD Ultra can scan up to 620 Arch E-sized or 642 ISO A0-sized documents in an hour. Additionally, the scanner uses xDTR2 technology and Gigabit Ethernet to deliver maximum throughput and facilitate network sharing. -
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mso-fareast-language:JA;}I always
enjoy reading Richard Romano’s trade-show review articles, and here’s one from
Richard about the FESPA show in London.
(Richard writes for the popular printing industry web-site known as
whattheythink.com).Report
From FESPA London 2013By Richard Romano Published: July 3, 2013Here’s just one of the many paragraphs from his FESPA show
report:“Xerox
was showcasing one of its most recent announcements, the IJP 2000, certainly
one of the fastest poster printers I’ve ever seen. Being a single-pass device
with stationary printheads, it’s capable of speeds of (says the spec sheet) up
to 420 m2/hr. (4,520 ft2/hr), pumping out a color sign in
as little as five seconds, a 30 foot banner in about a minute, and a run of 200
prints in about 20 minutes. Actual mileage will vary, of course, but it’s still
much faster than the average wide-format device on the market today. Its width
is 42 in (1.1m) and it can print a maximum length of 98 in (2.5m). “It’s an
indoor signage printer with high productivity and high image quality, when fast
turnaround is a big issue,” says Geoffrey Rummel, Xerox’s Wide-Format Manager,
Graphic Communication Business Group. Xerox has already had their first sale of
the IJP 2000, to a Danish bank looking to produce its own internal signage.”Link to
complete article: -
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mso-fareast-language:JA;}Although
this gut-wrenching, heart-wrenching article was written by a guy in the “printing”
business, I think it would be of interest to reprographers, especially to
owners of reprographics companies“All was
going extremely well those first 20 years, with 20% increases in revenue every
year ending at $9.5 million in sales in 2008. Then the bottom just dropped out,
along with my spirit and self-respect.”Link to article: -
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mso-fareast-language:JA;}Well, I’m
certainly not an expert when it comes to print-head or ink technologies, and
that, for sure, is an understatement. So
maybe one of you, who understands how all this stuff works, will step to the plate
and educate the rest of us!I’ve been
posting on the Blog, for at least two years by now, if not longer, about
“Memjet” printing technology and “Memjet-powered” printers (both small-format
and large-format.)The other
day, Ed Avis, Managing Director of the IRgA, put up an absolutely outstanding article
on IRgA.com; that article was Ed’s interview of the guys at Xerox who are
leading Xerox’s launch of the new Xerox IJT 2000 wide-format, Memjet-powered,
printer.Ed asked the
guys from Xerox a question about the ink that’s used in the new Xerox IJT 2000:Avis (of the IRgA): What about inks?Graupman (of Xerox):
Because of the uniqueness of the head technology, we require the purchase of
Xerox inks.By my count,
there are now (or soon to be) six different brands of “Memjet-powered”
wide-format printers on the market; Fuji
Xerox, Xerox US, Xante, OCE and one from a UK company and another from a
Hungarian company. Could it be that all of these memjet-powered printers will be using
different ink? The “Memjet” printing
process was invented by Silverbrook Research (an Australian company) and it is
the U.S. arm of that company that’s licensing manufacturers who want to build
printing systems that use Memjet printing.Or, could it
be that a Memjet print-head uses only one type of ink, but manufacturers who
are making Memjet-powered equipment want (for very obvious reasons) everyone to think that “their ink is different
from the other guy’s ink?”And, if I’m
right in my thinking – that ink in one Memjet device can be used in any other
Memjet device – will that not spur an enterprising importer to begin importing
Memjet ink from China to the U.S.? One
of the first small-format Memjet-powered printers was introduced, a couple of
years ago, in China (I think it was that far back, but maybe it wasn’t until
last year), and, if I’m recalling this correctly, the cost of ink was said to
be less than 5 cents per page (letter size) for full-color prints. In the interview Ed conducted with the guys
from Xerox, they said that at 85% coverage, it will cost around $.20 per sq ft
for ink and print-heads and service. An
8 ½ x 11 print is only a bit less than one square foot. So, why 5 cents per square foot on a
small-format Memjet printer but 20 cents per square foot on a large-format
Memjet printer. The answer may prove to
be: “because we can get that.”Which brings
to mind OCE and “copypress” technology (the latter, a remarkable advance in
wide-format plan printing). I can
remember, years ago, when we found out that we could buy OCE Toner for the OCE
small-format 3165 copier/printer and use it in our OCE 9800 wide-format
systems, saving money (lots of it), because even though OCE said that OCE 3165
toner wasn’t designed for an OCE 9800, it certainly worked just fine.It’ll be interesting to see IF there’s really
a difference in the ink
that’s used in the different brands/models of Memjet-powered wide-format
printing equipment. -
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mso-fareast-language:JA;}Textura Corp
Receives New Coverage from Analysts at Oppenheimer (NYSE: TXTR) and Zacks upgrades
ARC (NYSE: ARC) from Neutral to OutperformJuly 2nd, 2013 – by Tyrone Williams, writing
for DailyPolitical.comInvestment analysts at Oppenheimer started
coverage on shares of Textura Corp (NASDAQ: TXTR) in a note issued to
investors on Tuesday, TheFlyOnTheWall.com reports. The firm set an
“outperform” rating and a $35.00 price target on the stock. Oppenheimer’s price
objective suggests a potential upside of 31.14% from the company’s current
price.The analysts wrote, “Textura (initiating
Outperform rated; $35 target) is currently disrupting the collaboration
intensive commercial construction market by bringing to the owners, general
contractors and subcontractor masses an easy-to-use suite of SaaS products that
improves productivity and lowers risk. Textura’s endmarket (estimated ~$1.2B
TAM presently) is on the cusp of a major expansion cycle after a lengthy downturn
that should triple its TAM over the next few years. We think Textura’s unique
combination of simplicity, computing power, fast deployment, and network effects
puts the company in an enviable position to take advantage of this large
opportunity by addressing industry participants who mostly use manual processes
(i.e., spreadsheets) or legacy, on-premise software, but not formal SaaS
construction collaboration applications today.”Shares of Textura Corp (NASDAQ: TXTR) traded up 3.15% during mid-day
trading on Tuesday, hitting $27.53. Textura Corp has a 52 week low of $19.68
and a 52 week high of $27.63. The stock’s 50-day moving average is currently
$23.21. The company’s market cap is $602.9 million.Textura Corporation is a provider of on-demand
business collaboration software
to the commercial
construction industry.
ARC Document
Solutions Upgraded to “Outperform” at Zacks (ARC)July 1st, 2013ARC Document Solutions (NYSE: ARC) was upgraded by Zacks from a “neutral”
rating to an “outperform” rating in a note issued to investors on Friday, Analyst
Ratings Network.com reports. The firm currently has a $4.40 price objective on the stock. Zacks‘ price objective
would indicate a potential upside of 10.00% from the stock’s previous close.ARC Document Solutions (NYSE:
ARC)
opened at 4.00 on Friday. ARC Document Solutions has a 52-week low of $2.12 and
a 52-week high of $5.95. The stock’s 50-day moving average is currently $3.7.
The company’s market cap is $185.0 million.
Reprographics 101 