BRAMPTON, ON — DATA Communications Management Corp. announced today the completion of a process realignment of its operations, which will result in an estimated $2.4 million in cost savings in 2017. In connection with these improvements, DATA expects to incur a total of approximately $1.0 million in severance expenses.
This restructuring primarily involves a reduction of in-direct labour across the company, designed to streamline DATA’s order-to-production process. This process automation is expected to improve manufacturing processes from DATA’s online web-to-print ordering system, directly to digital production.
“We began to implement necessary transformational changes in our operations in 2013,” said Alan Roberts, senior vice-president, operations. “These announced changes position DATA to become more agile and build a best-in-class process.”
“This year, we are focused on reversing the trend in revenue declines,” said Michael Sifton, CEO. “We have completed the right-sizing of our operations to improve process and have shed our non-performing lines of business. We are now concentrating our efforts on growing our business organically and through strategic acquisitions.”