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FOR IMMEDIATE RELEASE
Real-time Market Basket Price Indexing for Print Services
Valuable Insight into the Cost of Commonly Purchased Items
Tempe, AZ, March 2, 2007 – Market basket price indexing reveals differences and
identifies potential areas of opportunity for organizations. CAPS Research and a
small group of Fortune 500 companies considered recommendations for market basket
price indexing and the following market baskets have been released by CAPS Research:
MRO Goods, Office Products, IT Goods & Services, and Print Services. The Print Services
Market Basket of Goods is the first to be posted to the CAPS Research web site.
Survey participants provided the cost paid or cost they were quoted for a variety
of typical small, medium and large print service jobs. Each line item in the survey
had a unique description and each item had a corresponding quantity used to normalize
prices. Survey instructions required no shipping or delivery costs to be included.
Participants of the Market Basket Program receive a comparative look at their data,
alongside the aggregate data of other participants.
In the print services market basket narrative report, the author, D. Steven Wade,
provides a look at the mean and median costs for each of the twenty-four line items.
Note: To review the CAPS Research Market Basket Benchmarking Report, "Price Benchmarking
Report for Print Services 2007", click on the following link:
http://www.capsresearch.org/publications/pdfs-protected/MBPrint2007Narr.pdf
This narrative report coincides with the Print Services Market Basket 2007 metric
report located at:
http://www.capsresearch.org/publications/pdfs-protected/MBPrint2007.pdf
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CAPS Research is a nonprofit research organization founded in 1986 to provide leading
research to our strategic-minded corporate sponsors and to the public. Our mission
is to work in partnership with a global network of executives and academics for
the discovery and dissemination of strategic supply management knowledge and best
practices. CAPS Research is jointly sponsored by the W. P. Carey School of Business
at Arizona State University, and the Institute for Supply Management™.
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