Total Economic Impact study underlines benefits of Esko workflow solution<\/p>\n\n\n\n
Using Esko WebCenter delivers a significant three-year 240% return on investment for brands according to a new study, with the research highlighting productivity gains, cost savings and revenue gains among the quantifiable benefits.<\/p>\n\n\n\n
Esko, the global provider of integrated software and hardware solutions that accelerate the go-to-market process of packaged goods, commissioned Forrester Consulting to conduct the Total Economic Impact\u2122 (TEI) study, which examined the potential return on investment businesses may realize by deploying its WebCenter packaging and label artwork management solution.<\/p>\n\n\n\n
\u201cWe are delighted with the results of this study, which reinforces the incredible impact using WebCenter can have not only on processes, but also in real terms on bottom lines,\u201d said Jan De Roeck, Esko Director of Marketing, Industry Relations & Strategy. \u201cThe fact that the study uses real world data provided by existing customers in the life sciences and pharmaceutical sectors underlines the robustness of these benefit findings, with clear evidence supporting the productivity gains and overall ROI calculation.\u201d<\/p>\n\n\n\n
WebCenter is Esko\u2019s packaging and artwork management solution, a web-based platform specifically tailored for CPG and pharmaceutical teams to manage all aspects of the packaging management workflow from creation to approval and distribution. \u201cWebCenter was developed to enable organizations to control the quality and accuracy of packaging and label assets from a single source throughout the lifecycle of the artwork creation and distribution,\u201d explained Jan. \u201cIt streamlines the packaging workflow, minimizing bottlenecks with tools that organize work and provide access to the most up-to-date information and files.\u201d<\/p>\n\n\n\n
As part of the TEI study, Forrester interviewed representatives from organizations that use Esko WebCenter, then aggregated the interviewees\u2019 experiences and combined the results into a single \u2018composite organization\u2019.<\/p>\n\n\n\n
The report states: \u201cInterviewees said that prior to using WebCenter, their organizations\u2019 packaging development and artwork management processes were manual and fragmented with loose governance in place. Projects were susceptible to a loss of momentum with a lack of workflow visibility and limited root cause identification heavily contributing to delays and bottlenecks.<\/p>\n\n\n\n
\u201cInterviewees said that after the investment in WebCenter, their organizations achieved unparalleled understanding of the packaging workflow and artwork management process,\u201d it continues. \u201cThey explained that WebCenter enabled the introduction of a visible accountability framework that subsequently provided governance and transparency into the packaging process.\u201d<\/p>\n\n\n\n
Key findings of the report include a list of both quantified and unquantified benefits, based on a three-year risk adjusted present value for the composite organization.<\/p>\n\n\n\n
The quantified benefits include:<\/strong><\/p>\n\n\n\n \u2022 Productivity gains of 30% for core team members of the packaging process<\/p>\n\n\n\n \u2022 Productivity gains of 40% for supporting team members of the process<\/p>\n\n\n\n \u2022 Revenue gains due to increased speed to market<\/p>\n\n\n\n \u2022 Cost savings through vendor consolidation<\/p>\n\n\n\n The unquantified benefits include:<\/strong><\/p>\n\n\n\n \u2022 Elevated execution of the packaging development and artwork management process<\/p>\n\n\n\n \u2022 Reduced risk of recalls and quality incidents<\/p>\n\n\n\n \u2022 Improved ability to manage volume and scale<\/p>\n\n\n\n \u2022 Improved analytics, insights and reporting<\/p>\n\n\n\n \u2022 Integration capabilities<\/p>\n\n\n\n \u201cObviously we\u2019re thrilled with the key results in the TEI study, which highlights the efficiency gains WebCenter delivers in the product development process, underpinned by stakeholder productivity gains that contribute to increased speed to market,\u201d said Jan. \u201cThe stated purpose of such a study is to provide a framework to evaluate the potential financial impact of a solution on organizations, and it is therefore hugely gratifying that the Forrester team concluded that WebCenter delivers a 240% return on investment to users.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" Total Economic Impact study underlines benefits of Esko workflow solution Using Esko WebCenter delivers a significant three-year 240% return on investment for brands according to a new study, with the research highlighting productivity gains, cost savings and revenue gains among the quantifiable benefits. Esko, the global provider of integrated software and hardware solutions that accelerate<\/p>\n","protected":false},"author":1,"featured_media":14485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,64,71],"tags":[113],"class_list":{"0":"post-14484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-flexible-packaging","8":"category-latest-news","9":"category-tech-innovation","10":"tag-esko"},"_links":{"self":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/14484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=14484"}],"version-history":[{"count":1,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/14484\/revisions"}],"predecessor-version":[{"id":14486,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/14484\/revisions\/14486"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media\/14485"}],"wp:attachment":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=14484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=14484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=14484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}