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Calculate Your P3Expeditor Return on Investment ROI

The ROI (Return on Investment) calculation for P3Expeditor is based on a simple calculation for the annual cost or investment you will make in the P3Expeditor system and several calculations to determine the annual return your organization will achieve by using the P3Expeditor system.

Instructions: Scroll down this page to calculate each component of the return and investment. As you do so the summary below will reflect the information and calculations you make.

P3Expeditor ROI Return on Investment Summary
More of your jobs will go through the competitive bidding process.	Not Calculated Yet
More suppliers will make offers on each job.	Not Calculated Yet
Errors and ommissions will get caught sooner.	Not Calculated Yet
Higher Productivity.	Not Calculated Yet
Strategic Supplier Management.	Not Calculated Yet
Total Annual Return	Not Calculated Yet
Annual Investmet	Not Calculated Yet
Net Annual Profit	Not Calculated Yet
Net ROI	Not Calculated Yet

Return Component 1 - More jobs go through competitive bidding.
Competitive bidding among qualified pre-selected print suppliers (typically 2-5) has consistently been shown to generate average savings of 30+% over sole source purchasing.

Realistically not all print jobs can be competitively bid. However, the P3Expeditor system makes it easier and faster to conduct the bidding process, which naturally increases the percentage of jobs where this 30%+ savings can be achieved.

In addition, the savings you generate through competitive bidding becomes more visible through P3Expeditor, further encouraging the "best practice" of competitive bidding for print jobs. The return here depends on your current buying practices and the increase in the percentage of jobs you competitively bid. Typically the increase ranges from 10-30%, sometimes much more.

Benefits from more jobs getting bid out
	% Job by Job Competitive Bidding	% Sole source purchases	% purchased under long-term contract
Current Purchasing Practices
Future Purchasing Practices
Increase in competitive bidding	Not Calculated Yet	This can vary a lot depending on your work flow.
Savings through competitive bidding		Typically this is 30%
Annual Print Purchases
Net savings	Not Calculated Yet

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Return Component 2 - Each job gets more bids.
The savings generated through competitive bidding improves steadily as the number of suppliers who make offers increases from 2 to 5 bidders. Beyond 5 bidders the increase becomes marginal.

By automating and simplifying the bidding process the P3Expeditor system ensures that you will get quotes back more often (and faster) from suppliers. This has the effect of increasing the number of suppliers that bid on your jobs. Even when you solicit quotes from the same number of printers, they are simply more likely to respond due to the speed and simplicity of the process, the semi-automated reminder system and long term tracking of supplier response rates and times. On the work you bid out, this is likely to result in a 3-7% cost savings.

Benefits from more bids on each job
Percentage of jobs that will have competitive bids
Savings from receiving additional offers
Annual Print Purchases
Net savings	Not Calculated Yet

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Return Component 3 - Errors get caught before damage is done.
Errors are the inevitible result of the highly complex nature of the printing process and the many details that must be tracked. By structuring the procurement process and making information more visible and available, P3Expeditor helps buyers catch mistakes and prevent small oversights from becoming big problems.

For print resellers and other intermediaries even a small error can erase all your profit on a job. P3Expeditor helps by tieing the cost estimates you present to your customers to the specific prices you receive from your suppliers.

On average the hard cost of errors are at least 3-4% of the total cost of printed goods. Typically P3Expeditor can eliminate 50%+ of the errors.

Benefits from fewer Errors
Cost of errors and miscommunications as a percent of purchases
Percent of errors P3Expeditor eliminates
Annual Print Purchases
Net savings	Not Calculated Yet

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Return Component 4 - Higher Productivity
What is your time worth? What if you could cut an hour per job out of the procurement process? With P3Expeditor you can. Multiply that hour times the 50, 100 or 200 jobs per year you handle. Then multiply that by the value of your time. It adds up very quickly. Add to that the time you'll save digging up information for management reports or supplier evaluations.

Benefits from Higher Productivity
Average annual salary of production personel
Average hourly cost ( salary + 40% benefits and overhead)/2000 hours per year	Not Calculated Yet
Number of jobs processed per year
Time saved per job
Net value of savings	Not Calculated Yet

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Return Component 5 - Strategic Supplier Management - Priceless
What if you could compare how quickly suppliers get back to you with prices, or how often they make delivery dates, or how their prices compare to their peers? All this and more is available through the P3Expeditor system. Instead of having to dig through mountains of paper to compile reports P3Expeditor makes information easily available through our flexible reporting system. P3Expeditor makes having the information you need when you need it is easy. And that is priceless.

Strategic Supplier Management
Better quality by favoring suppliers with superior performance	Priceless!
Faster service by favoring suppliers with superior performance	Priceless!
Lower costs by leveraging purchasing power	Priceless!
More visible results through comprehensive data collection and reporting.	Priceless!

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Investment Cost - Simple and Affordable
We have saved the best for last. Determining the annual cost of P3Expeditor is easy with our annual pay-as-you-go subscription. Simply take the number of buyers in your organization and multiply that by annual cost of a few hundres dollars per user. Compared to the cost reductions and increased productivity cost to run the P3Expeditor system is minute.

P3Expeditor Annual Investment
Number of users
Cost per license	Not Calculated Yet
Total Cost	Not Calculated Yet

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