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5 mistakes to avoid when buying flexographic printing press
October 13, 2020 | Daywey Chen
Buying a flexographic printing press is a lengthy process. As the price of the press reaches the millions maybe the more appropriate term should be investing instead of buying. Buying something is when you can replace the commodity easily with another. Investing in something is when you are stuck with it in the long term once you have made the decision. The investment of flexographic printing machinery should be a major process for each company and should be taken with great care. A good investment will leverage a company’s market competitiveness. A bad investment will develop into a headache. The aim of this article is to point out the commonly made mistakes and to help you make the right decision.
Why your A/B testing results may be false?
January 20, 2020 | Daywey Chen
A/B testing is used very commonly in businesses today. In the sales and marketing field, businesses produce different banners on the website and observe which one has the best click-through rate. Businesses produce different content in their email campaign to observe which type of content will lead to the most conversions. In the customer service field, businesses provide different customer service levels and try to conclude if the different customer service levels will affect the retention rate of the customer…etc. The application could be found in many areas...
A Working Business Model – For Printing & Packaging Players
December 16, 2019 | Daywey Chen
The printing and packaging industry is a competitive playground. Companies need to develop their core advantage to remain competitive on the market. Below are 6 areas that companies can build a moat to fight off the competition. Product, Service, Cost, Niche Market, Unique Business Model, Brand.
10 attributes of a successful printing & packaging solution provider (part 2)
September 26, 2019 | Daywey Chen
We have shared the 6 attributes of a successful printing & packaging solution provider from our observation. In this article we will share the last 4 with you...
10 attributes of a successful printing & packaging solution provider (part 1)
September 25, 2019 | Daywey Chen
Overall the years, we have worked with many printing & packaging solutions providers. We have objectively observed the goods and the bads of these solution providers. There is no one right recipe to success. Yet, there are common attributes among the successful ones. Check to see if your company have displayed the following attributes...
5 things to look for when selecting your production planning system for your factory
July 18, 2019 | Daywey Chen
System needs to be introduced to record daily operational information to help the staff make good decisions. At the same time providing data for future analysis and for future improvements. Some joke that the ultimate goal is to have a “monkey” to be operationally capable.
Want to save cost? Start with your work safety
July 12, 2019 | Daywey Chen
Under the competitive environment, companies have invested a large amount of time and resource into cost reduction. To reduce cost to increase profitability, to reduce cost to increase competitiveness. Companies look into areas like procurement to reduce the cost of material, to look into production planning to increase efficiencies, to look into human resource to cut unnecessary human resource budget. However, seldom do companies look into the financial benefit of work safety.
Color Consistency – starting with how accurate is your measurement system using a Gauge R&R study
June 24, 2019 | Daywey Chen
A global brand must have a consistent color regardless of the manufacturing location, and packaging must be produced using the same formula and action steps. There must be accurate reproduction on a variety of substrates, on multiple types of equipment, run by a variety of people. Using multiple different processes in all types of environment.
3 Scenarios where effective supply chain management increase value to the cycle
May 17, 2019 | Daywey Chen

Managing your supply chain is a difficult task. In today’s global economy where demands and supplies are at a global scale makes supply chain management even more challenging. However, there are technologies that exist today to help accomplish this challenge. According to IBM in 2017 alone, a typical supply chain accessed 50 times more data than just five years earlier. However, less than a quarter of this data is being analyzed. This means that many valuable insights are lost. As a result, making the supply chain less efficient than it could be otherwise.

 
Steps to help you reduce your production lead time
May 10, 2019 | Daywey Chen
The same sets of production machinery and tools can produce different results depending on how effectively you schedule your work. When we want to decrease the overall lead time. It is important to look at your production process as a whole. As a system that consists of multiple machines working together in designed order. You shouldn’t look at each machine or station individually. Looking at each machine individually will likely to lead you to bark up the wrong tree with no overall lead time improvement at the end of the day.
What you should know about the printing industry: Business Operation Strategies
June 28, 2018 | Daywey Chen

Looking into the business operation strategies to compete in the market. We are not going to talk about continuous improvement, hiring the right people, the importance of training or technology investment. All those are cliché being talked about in management schools and could be found in many online articles. Here, we are going to share four different business strategies from experience...

What you should know about the printing industry: SME sell-off strategies
June 15, 2018 | Daywey Chen

Approaching the buyers mind from the quantitative and qualitative point of view. Quantitative factors include trend demonstrating revenue growth, earning growth, EBITDA margins at 12% or more, no account concentration above 20%....