Cheap Chinese print to Stream into Australia
Stream Solutions has opened a new Hong Kong office to position itself at the gateway to Asia, with an eye to exploit the booming price-competitive printing industry in China. The move will allow Stream to take advantage of the growing manufacturing capabilities of the region, enabling it to deliver lower cost print services to its Australian customers.
Andrew Price, CEO and founder of Stream Solutions, confirms his company has been sourcing product from Asia for a number of its Australian customers for some time, which encouraged the company to set up of a more permanent base of operations.
“The establishment of an office in Hong Kong will enable Stream to work more closely with our accredited suppliers in the region and manage our procurement activities to ensure the needs and expectations of all parties (in Asia and Australia) are met,” says Price.
Price claims the Hong Kong office will provide Stream Solutions with the opportunity to explore innovative solutions for its customers in Australia, as well as to better service its customer’s operations in Asia, “providing a springboard to offer our total Print Management offering to potential customers across the region.”
Stream Solutions is a subsidiary of Patrick Corporation, and provides print management solutions that cover design, digital asset management, print procurement, electronic forms, mailing management, warehouse and fulfilment services. Some of Stream’s major clients include Westpac, ANZ, Telstra, Aristocrat Leisure and McDonalds.
Stream currently places over $100 million of printing for its more than 90 corporate customers, and is known as one of the public faces that led the print management revolution in Australia.