Companies looking to make savings through their printing operations may be interested to hear that toner cartridge maker Xerox has signed a deal with Lloyds Banking Group to help the business cut its costs.
The printer supplies firm will handle production of all of the institution’s marketing materials from the design to delivery stages and ensure they are consistent across the group’s various brands.
It will help cut costs by printing many of their documents on demand when they are needed – which will reduce the need for expensive storage facilities – and oversee the work from start to finish, whereas in the past, multiple partners had been used.
This will help simplify and speed up many of the company’s printing operations.
Managing director of Xerox UK and Ireland Alan Charnley said the agreement would help “[uncover] savings in a place many companies fail to look – the document supply chain”.
The contract may be part of Xerox’s wider strategy to refocus its operations towards becoming a service provider as well as a manufacturer of printers and toner cartridges.