Why is the cost of paper increasing? And why moving digital is the solution.

Why are paper prices increasing?

Paper, a product used around the world in vast amounts, has also recently become a victim of rising costs. For decades the price of paper had remained relatively steady, but, in 2021 we started to see the first rounds of price increases. In 2020 the wholesale price of paper was 715 USD per tonne, the raw materials used for paper production prices have increased by 30.76% with no signs of reducing but only further increases forecasted in prices month-on-month average increase in the last 6 months has been 7%. The main reason is an exceptional increase in the price of raw materials needed to produce paper, driven by increases in the price of gas, electricity, and chemicals as well as the ongoing conflict between Russia and Ukraine. With no signs of letting up.

Who absorbs this cost? Do you take the hit or pass it on to your customers?

Businesses already spend a lot of time and money on managing paper/printing usage, spending time on managing printing rooms, and post rooms as well as sourcing the best price of office supplies.?

With Carbon tax credits, zero emissions challenges as well as the rising costs of paper is now a time to look at other means of and methods of data capturing? Here at SMS Tech, we believe we can help.

You’ve seen this before: the free-flowing data that stops flowing as soon as it hits the manufacturing line.

And as predictable as falling dominoes, you already know how traceability, safety, quality, cost (and more) will be affected.

We know how damaging this is, and it’s exactly why we created this cloud-based shop floor management solution.

It’s built by engineers and manufacturers for engineers and manufacturers.

At-a-glance:

??Improving the shop floor’s efficiency & overall performance

? Reducing time spent on non-value-added tasks

??One system, integrating & managing your core information

? Eradicating the risk & reliance of paper-based tasks

? Reducing environmental waste and overall carbon footprint

Naturally, you’ll have instant access to all the core documents required on a day-to-day basis.

Plus, there are fully customizable forms. These are easily adapted to suit all manufacturing business needs.

In other words, the software works around the business, not the business around the software.

With one eye on the Carbon Tax and the decarbonization of the shop floor, we’ve partnered with Trees for Cities.

For every 10,000 forms that go through the system, we plant a tree. Why 10,000? Because one tree equates to 10,000 sheets of paper.?

Whether it’s for the increased traceability or increased trees, let’s talk about the solution that engineers and manufacturers built.

If you would like to know more please drop an email to [email protected] to arrange a free, no obligation, demonstration from a member of the team.