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Nurturing a New Identity Designing
and supplying business forms once almost guaranteed
distributors and manufacturers would grow. Technology
has made those services less valuable to end users,
leaving many industry members selling commodities. Owners
of many companies diversified their product lines to
replace lost sales, but some went a step further and
re-evaluated their entire businesses.
These
companies no longer envision print manufacturing and
distribution as an industry unto itself. Rather, providing
printed products is one capability they offer as data
management specialists. By redefining the scope of their
market, these companies comfortably offer services not
associated with the traditional business forms industry,
including statement processing, presentment and archiving;
variable data printing; and direct mail list management
and fulfillment. Making the transition often meant starting
from scratch. On page 43, Print Solutions profiles the
successful transformations of Jerome Group, Maryland
Heights, Mo.; Matrix Imaging Solutions, Niagara Falls,
N.Y.; and Wright Business Graphics, Portland, Ore.,
from print providers to data management firms.
Executives
from the three companies share how they struggled with
a steep learning curve and some resistance from their
customers. Also, they explain how technology played
a central role during their companies’ transformations
and its effects on the industry’s long-term prosperity.
“We would have lost business one way or the other
if we didn’t invest in new technology and capabilities,”
says Ken Brown, vice president at Jerome Group. “We
just have to be there along with it, investing in it,
embracing it.”
Technology
also contributed to another company that restarted its
business from scratch. The profile on page 28 is an
account of how a devastating flood destroyed Trends
Presentation Products’ and Enduro Binders’
manufacturing facility in Washington, Mo. But the disaster
failed to damage the companies’ spirit. Executives
and employees bonded together to build even stronger
businesses. They began by relocating to a new plant
and replacing damaged presses with state-of-the-art
digital equipment. Now, Trends boasts its ability to
provide fast, eye-catching solutions, including personalized
binders with custom, turned-edge covers.
Executives
from any one of these companies will tell you: transforming
a business isn’t easy, but they ultimately positioned
themselves to succeed in a changing industry. What are
you doing to ensure the same for your company?
Andrew Brown
Assistant
Editor
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Editor in Chief Peter L. Colaianni, CAE Vice President, Publications & New Media Brad Holt Managing Editor Darin Painter Assistant Editors Preeti Vasishtha Andrew Brown Art Director/ Production Manager Roxanne Rash Advertising Director Cyndy Kelly Advertising Coordinator Curtessa Pennington Contributing Editors Dick Gorelick Dennis McGarry, CDC Jeff Long Publications Committee Brian Governor, Chairman Roger Buck, CDC James Burchett Mike Fisher Andy Kohn, CDC Tom Nelson Gail O'Roke, CDC Geo Plumberg Steve Reiss Ivars Sarkans Dave Wandling, CDC Advertising
Sales
Volume 43, Number 2, February 2005. Print Solutions (USPS 205-400, ISSN 1535-9727) is published monthly by DMIA, 433 E. Monroe Ave., Alexandria, VA 22301-1693, (703) 836-6232. Subscriptions: $29 per year for DMIA members included in dues, $49 for non-members (plus postage for Canada and foreign). Periodicals postage paid at Alexandria, VA, and additional mailing offices.
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