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23.05.2018 10:47 | The million dollar question is price. The best price I've seen batted around yet for color print on demand is 10 cents a page. Compared to the color copier at your local copy shop, that may sound inexpensive, but how often do you go in and make a hundred or more color copies? At 10 cents a page, compared to the 1.3 cents a page that publishers currently pay Lightning Source for the smaller cut size into distribution, the publisher cost per book rises dramatically. A book a publisher can currently print for $3.00 or $4.00 dollars, discount 25%, sell for less than $15 and earn half the cover price, would cost $17 to $24 in color. Taking the cheaper of the two, which would run around 160 pages, if the publisher priced it at $24, with a 25% discount, the publisher would earn just $1.00 for each book sold. So, introducing color and adding $9.00 to the list price of the book turns an $8.00 per book profit into $1.00. In order to earn the same $8.00, the publisher would have to price the 160 page book a little over $33.
EDI standards define the document formats that enable trading partners to speak the same language when conducting business activities with each other. Yet, each company usually has its own internal or proprietary data formats, business logic, and business flow which are typically unique. Therefore, a key requirement of EDI translation software is the ability to integrate the incoming EDI formats with internal business applications. That is, EDI translation software basically converts the internal proprietary format to the one that conforms to a standard acceptable to the trading partners; conversely, it maps incoming standard formats into the proprietary formats recognized by internal business applications. The functionality of translation software could be obtained in three ways: lease or purchase software from a vendor; have a third party (such as a VAN) perform the translation; or develop software in-house. The first two alternatives are usually the most cost- and time-effective as they are easy to install, maintain, and expand.
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