November 12, 2009
Control Consumable Spending
Keeping business costs low is important for maintaining a high profit margin in retail and service businesses. While businesses use a variety of budgeting methods to keep costs down, one often overlooked area is the cost of certain administrative supplies. Supplies like till rolls, ink ribbons, and related items can quickly create a dent in your budget if you aren’t careful about choosing the right consumable products.
Till rolls are, of course, necessary for any business that offers goods and services to the public. Unfortunately, businesses often spend more than necessary on till roll paper and related supplies, and since these are consumable items, the cost can begin to add up quickly. If you need to cut costs to increase the profitability of your business, choosing the right till roll paper can help you achieve this goal.
You should begin by comparing your current supplier’s prices to those of competitors. Not all suppliers will be consistent in their pricing across every product line, so your comparisons should be based on the types of products you use the most. You can maximize your cost savings by being sure the supplier you choose offers the biggest advantages in cost across the products you’re likely to buy most often.
In addition to choosing a reasonably priced supplier, you’ll want to compare the cost of different types of till rolls. The least expensive option is economy paper single-ply till rolls. Grade A paper is brighter than the standard off-white economy paper, but isn’t necessarily more expensive. This is the best option if you don’t require carbon copies of printed receipts.
Some registers are also able to create duplicate copies. For any business that requires multiple copies of receipts then you should begin by comparing the cost of printing duplicates one after the other using single-ply paper. This might seem cheaper initially, but when you consider the extra costs of using the printer ink it’s not always the cheapest option. Now work out the cost of buying double-ply paper and then factor in that you’ll be using the printer ink less often as each receipt is duplicated as it’s printed.
Other till roll options include thermal and impact action paper rolls. Thermal till roll paper is most often used in chip and pin machines, and for industrial use. Impact action paper is a type of carbonless paper also used in chip and pin systems that eliminates the need for ink printing ribbons, since the printed images are produced by the impact of the printing pins on the paper.
By working through the costs of your current consumable items you can help to reduce your business expenditure and in turn could help to improve your business’s overall profitability.
Pos-Consumables are the leading UK supplier of retail consumable products including till rolls, price guns and labels. Pos-Consumables of retailfer free overnight delivery and keep all products constantly in stock
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