White Paper Documents ROI of Patented Competitive Pricing Procurement Method
A white paper that provides return-on-investment (ROI) performance outcomes for users of Chambersburg, Pennsylvania-based e-LYNXX Corporation's patented competitive procurement method for buying print has been published. It complements an earlier white paper that describes, in detail, the benefits of e-LYNXX's innovative approach to procuring direct mail, marketing materials, commercial print, CD ROMs or anything that requires the reproduction of an image on a substrate (paper, plastic, textiles, magnetic media, etc.). The latest white paper, "Print Management Program Offers Compelling Return on Investment Without Up-front Investment or Risk," explains and illustrates that with the e-LYNXX procurement program impressive ROI will be achieved without any initial capital outlay or downside for the print buying client.
The program is based on two patents—one granted in 2002 and the other in 2008 and is recognized as a significant innovation for print buyers. The e-LYNXX approach consistently reduces cost for procured print in the 25 percent to 50 percent range when compared to the results obtained from more traditional procurement methods such as negotiation, rate carding, reverse auctions and spot bidding. Savings for e-LYNXX clients occurs when the new method is deployed using best practices and delivered by e-LYNXX's proprietary web-based communications and workflow system—one that streamlines the procurement process, strengthens controls and accountability, fully reports and documents every task and provides 100 percent transparency.
While the annual print spend of the model presented in the white paper is for an organization with $100 million in printing expenses each year, the model is scalable. e-LYNXX guarantees that its program will reduce the procured cost of print by 25 percent. Historically, however, the average experience of e-LYNXX clients has been to achieve a 42 percent cost reduction—a $42 million savings for the $100 million print-spend organization. The white paper explains how the 25 percent reduction translates into a 270 percent ROI and the 42 percent into a 282 percent ROI.