Consolidation Saves Big Money
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When Fidelity Investments’ Document Printing Services (DPS) operation consolidated four of its print centers into its Boston facility, it saved more than $1 million in operating costs. In IPG's June issue, we speak with vice president Michael Luzzo, the man who spearheaded the consolidation and brought about this tremendous savings.
In our story, Luzzo discusses the four key elements responsible for the success of this initiative:
- Having a clear vision of what DPS was trying to accomplish.
- Communicating the plan to both DPS’ associates and business partners.
- Involving vendors.
- Getting executive management support.
“We had sold and presold this plan up through the levels of executive management here,” says Luzzo in IPG's cover story. “Just in case we ran into any resistance across the firm, we would have support at the executive level.”
Learn more about Fidelity Investments in the June issue of In-plant Graphics.
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