{"id":28284,"date":"2017-02-07T10:17:52","date_gmt":"2017-02-07T02:17:52","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=28284"},"modified":"2017-02-07T14:07:29","modified_gmt":"2017-02-07T06:07:29","slug":"save-cost-world-office-printing","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/save-cost-world-office-printing","title":{"rendered":"5 Ways You Can Save Cost (And The World) On Your Office Printing"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-28308 size-medium\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2017\/02\/in-partnership-with-HP-300x79.jpg\" alt=\"in partnership with HP\" width=\"300\" height=\"79\" srcset=\"\/articles\/wp-content\/uploads\/2017\/02\/in-partnership-with-HP-300x79.jpg 300w, \/articles\/wp-content\/uploads\/2017\/02\/in-partnership-with-HP.jpg 378w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Cutting cost and maximising profit often go hand-in-hand in a business. Expenses can have a huge impact on a business\u2019s bottom line, but there are some cost-cutting efforts that have a longer-lasting effect \u2013 not just on the company\u2019s operating expenses.<\/p>\n<p>One of the best ways for a company to be more efficient in managing office expenses is to look at how efficient the printing process is.<\/p>\n<p>According to <a href=\"http:\/\/www.thanam.com.my\/paper\/\" target=\"_blank\" rel=\"nofollow\">Thanam Industry<\/a>, a recycling company in Kuala Lumpur, 20 reams of A4-sized paper is equivalent to chopping down a tree.<\/p>\n<p>In Malaysia, over 57,000 tonnes of paper are being thrown into landfills every month. This is the same as chopping down 680,000 marketable-size trees every month. To make matters worse, paper recovery is not being done at the same rate. There are 250,000 tonnes of newsprint in a year, but only 100,000 tonnes are being recycled and recovered.<\/p>\n<p>On top of driving the cost of running an office up, indiscriminate wasting of paper has a negative impact on our environment.<\/p>\n<p>There are many ways a business can do its part in preserving the environment and at the same time cut on expenses. With the following measures in place for office printing, a business will not just successful manage the cost, it will also reduce its carbon footprint.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"1-Print-on-both-sides\"><\/span><strong>1) Print on both sides<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to <a href=\"http:\/\/wwf.panda.org\/how_you_can_help\/live_green\/fsc\/save_paper\/office_paper\/use_paper_more_efficiently\/\" target=\"_blank\" rel=\"nofollow\"><em>World Wide Fund\u2019s (WWF)<\/em><\/a> data, a company of 5,000 employees that uses double-sided printing for only 10% of its printing could save up to US$260,000. That\u2019s close to RM1.2 million (as of January 2017 at 4.4594 against USD)!<\/p>\n<p>WWF uses Citigroup as an example on how much a company can save by just simply practising double-sided copying. By just conserving one sheet of paper each week, it is estimated that the company would save US$700,000 (RM3,121,089.79) each year.<\/p>\n<p>A ream of A4-sized paper with 450 to 500 sheets of paper cost about RM9.00 to RM14.90. Here\u2019s how you can save 50% of that cost by printing on both sides of the paper:<\/p>\n\n<table id=\"tablepress-676\" class=\"tablepress tablepress-id-676 table-head-side table-subhead\">\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><center>Single side printing<\/center><\/td><td class=\"column-3\"><center>Double-sided printing<\/center><\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Total pages printed in a month<\/td><td class=\"column-2\"><center>500 pages<\/center><\/td><td class=\"column-3\"><center>500 pages<\/center><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Total paper used in a month<\/td><td class=\"column-2\"><center>500 sheets<\/center><\/td><td class=\"column-3\"><center>250 sheets<\/center><\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Cost per month<\/td><td class=\"column-2\"><center>Estimated cost RM12.00<\/center><\/td><td class=\"column-3\"><center>Estimated cost RM6.00<\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-676 from cache -->\n<p>When you multiply this by the number of employees, departments and printers the costs can escalate quite rapidly so a 50% savings is huge.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"2-Squeeze-the-margin\"><\/span><strong>2) Squeeze the margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every millimetre counts when it comes to saving paper and ink. If you work in an office that regularly has to print out documents from Microsoft Word, here\u2019s a nifty trick that will save you some paper \u2013 and money!<\/p>\n<p>By reducing your page margin \u2013 the white space around your page \u2013 you could use <a href=\"http:\/\/wwf.panda.org\/how_you_can_help\/live_green\/fsc\/save_paper\/office_paper\/use_paper_more_efficiently\/\" target=\"_blank\" rel=\"nofollow\">up to 14% less paper<\/a>.<\/p>\n<p>To do that on Microsoft Word, go to \u201cPage Layout\u201d, then click on \u201cMargins\u201d. Then you can either select the pre-set margins, or customise the size. \u201cNarrow\u201d and \u201cModerate\u201d have smaller margins than the \u201cNormal\u201d setting. You can customise the margin by selecting \u201cCustom Margin\u201d and set your margins to smaller numbers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"3-Use-the-most-efficient-fonts\"><\/span><strong>3) Use the most efficient fonts <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Calibri, Arial or Times New Roman? Choosing the right font to use in your document makes a difference in your cost.<\/p>\n<p>A less efficient font would use more ink, which results in a longer print job and higher electricity usage. So not only you will be paying more for ink, you will be paying more for electricity too in the long run.<\/p>\n<p>It is also bad for the environment to use more ink because the discarded ink containers create plastic and metal waste. This will cause more CO<sub>2<\/sub> emissions and increasing your carbon footprint. This is also why you should choose a printer that uses environmental-friendly ink containers (more on this in point #5).<\/p>\n<p>The best font recommended by <a href=\"http:\/\/www.consumerreports.org\/printers\/5-ways-to-save-on-printer-ink\/?EXTKEY=I72RSE0\" target=\"_blank\" rel=\"nofollow\"><em>Consumer Reports<\/em><\/a> is Times New Roman, which results in 27% more ink mileage. Though Arial used to be the default font for Microsoft Office, both Calibri and Century Gothic outperformed it.<\/p>\n<p>So the next time you are about to hit print, check your font and change it to a more efficient one.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"4-Switch-to-lightweight-paper\"><\/span><strong>4) Switch to lightweight paper<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Thicker paper may look and feel nicer, but it is not really necessary to use thicker paper most of the time.<\/p>\n<p>When the <a href=\"http:\/\/wwf.panda.org\/how_you_can_help\/live_green\/fsc\/save_paper\/office_paper\/paper_and_mail\/\" target=\"_blank\" rel=\"nofollow\"><em>Bank of America<\/em><\/a> reduced the weight of its ATM receipt paper, it recorded an estimated savings of US$500,000 each year, including savings on storage, handling, transportation and labour.<\/p>\n<p>Five hundred sheets of 80gsm paper cost about RM1.40 more compared to 70gsm paper. If your company uses 100 reams of paper every month, you will be burning RM140 every month for no reason. That\u2019s RM1,680 a year!<\/p>\n<p>Here\u2019s how much you can save on cost, according to <a href=\"http:\/\/wwf.panda.org\/how_you_can_help\/live_green\/fsc\/save_paper\/office_paper\/paper_and_mail\/\" target=\"_blank\" rel=\"nofollow\"><em>WWF<\/em><\/a>:<\/p>\n<ul>\n<li>60gsm uses and costs 20% more than 50gsm<\/li>\n<li>70gsm uses and costs 15% more than 60gsm<\/li>\n<li>80gsm uses and costs 12% more than 70gsm<\/li>\n<li>100gsm uses and costs 20% more than 80gsm<\/li>\n<\/ul>\n<p>Shifting to lighter-weight paper will cost you less and will also help you save on storage space.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"5-Use-efficient-printers-and-toner\"><\/span><strong>5) Use efficient printers and toner <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You don&#8217;t need to drastically change your work habits or processes to reduce cost and carbon footprints in your printing. Nobody wants to go through the entire hierarchy or bureaucracy at work just to print a measly invoice.<\/p>\n<p>The first and most important step to ensure all the above cost saving tips are implemented successfully is to have a good quality printer and use efficient toner.<\/p>\n<p>A good printer and toner should reduce wastage and are kind to the environment through the following ways:<\/p>\n<ul>\n<li>Printing should not curl and toner should dry fast to avoid paper jams.<\/li>\n<li>Toner should be smudge and streak-proof too, so you won\u2019t have to reprint.<\/li>\n<li>Consistent printing so there will be no wasted prints.<\/li>\n<li>Toner packaging should be environmentally-friendly by using recycled materials.<\/li>\n<li>There should be a cartridge recycling programme, so you don\u2019t have to worry about recycling the cartridges as well.<\/li>\n<\/ul>\n<p>You can get a printer and the toner that checks all the items in the list above from HP. You don\u2019t have to increase the cost of purchasing the toner because with every RM50 spent on HP products, you will get a RM10 gift card, making your next purchase cheaper.<\/p>\n<p>Ensuring your devices are in good quality and in top-notch condition will help you manage your cost and carbon footprints in the long run.<\/p>\n<p>According to study by the <em><a href=\"https:\/\/www.tricerat.com\/blog\/printing\/stop-employees-wasting-2480-paper-year\" target=\"_blank\" rel=\"nofollow\">Minnesota Office of Environmental Assistance<\/a><\/em> in 2015, the estimated associated cost of paper, which includes storage, copying, printing, postage, disposal, and recycling, could be as much as 31 times of the original paper purchase price. By adding up all these costs, you\u2019ll quickly see how to cost can burn a hole in your company\u2019s profit.<\/p>\n<p>The best cost saving method is, of course, to print only when it\u2019s absolutely necessary. However, that may not be possible for many industries, depending on the nature of the business and work.<\/p>\n<p>Hence, by having the above measures in place, you won\u2019t have to sacrifice necessary services or strip your office to a bare minimum just to save a few ringgit for your business.<\/p>\n<h6><\/h6>\n<h6><em>Image from Inkjet Wholeset<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>And still get the same good quality printing. <\/p>\n","protected":false},"author":9,"featured_media":28287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[218,308,236],"tags":[],"class_list":["post-28284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-management","category-saving-tips","category-sponsored"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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Lee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/27da68adfdc8ee82f9d095d341c5ab6e2513e4a5126b6237615868341a0884d8?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/27da68adfdc8ee82f9d095d341c5ab6e2513e4a5126b6237615868341a0884d8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/27da68adfdc8ee82f9d095d341c5ab6e2513e4a5126b6237615868341a0884d8?s=96&d=mm&r=g","caption":"Iris Lee"},"description":"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.","url":"https:\/\/www.imoney.my\/articles\/author\/irislee"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/28284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=28284"}],"version-history":[{"count":5,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/28284\/revisions"}],"predecessor-version":[{"id":28310,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/28284\/revisions\/28310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/28287"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=28284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=28284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=28284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}