HP cuts contractor use for printer growth

Reuters · Tuesday, Jun. 29, 2010

HONG KONG - The printing division of Hewlett-Packard Co, the world's largest PC firm, has been cutting down on the number of contract manufacturers it uses since the downturn hit in 2009, a senior executive said.

Cost savings derived from simplifying its supply chain had gone into spending on research and expanding its sales team, Vyomeh Joshi, the global head of HP's imaging and printing division, said in an interview in Hong Kong late on Monday.

"When the economy was doing great, we were shipping more and more units, probably we were not efficient," Joshi said, but declined to name specific companies. "So when the economy went down and people were delaying buying decisions, we took a look and said we don't need all this."

Espe is Gone: Copiers...Flooring...What's the Difference?

Matthew J. Espe resigned his post at Ricoh / Ikon

WEST CALDWELL, N.J., June 25, 2010 /PRNewswire via COMTEX/ -- Ricoh Americas Corporation, a leading provider of digital office equipment and advanced document management solutions and services, today announced that Kevin Togashi will assume the role of Chairman and Chief Executive Officer of Ricoh Americas Corporation effective July 1, 2010.

Togashi takes on the role from Matthew J. Espe who has resigned his post as Chairman and Chief Executive Officer of Ricoh Americas Corporation to become Chief Executive Officer and President of Armstrong World Industries, Inc.

Friday Fun Video - Yeah, its old skool, and schlocky - but Summer Friday...

I know there are tons of metaphors in here, somewhere. And I know that there is a way to connect this with MPS - somehow.

Enjoy.