Page 18 - Paragon Annual Report

16 | Strategic report | Paragon business review
Paragon ID invested heavily to more than double our RFID inlay production capacity at our Argent- sur- Sauldre site in France and move to a new, custom-built facility in Romania.
In a significant project highlight, Paragon ID worked with Hasbro to develop and produce the first large-scale near-field communication card project in the gaming industry. Moving from concept to delivery in under six months, we scaled up rapidly and collaborated with other parts of the Group to produce millions of smart playing cards.
Paragon Graphic Services
Looking ahead
During the 2017/18 financial year, we have initiated a series of large-scale restructuring projects which will reduce our costs and increase our responsiveness to client demands.
These projects will have a significant impact in our operations, including:
Paragon Customer Communications
• Realigning our plants in the Czech Republic, France and the UK
Paragon ID
• Restructuring operations in France, Romania, the UK, the US and China to create an integrated global capablity
Paragon Graphic Services
• Significant work in our UK Service Point business and continuing our focus in Norway, Sweden and Spain.
Paragon Graphic Services successfully launched additional online channels in three markets to give our customers more options to trade with us online. These webshops for Holmbergs, Allkopi and Paragon Service Point UK are integrated with
our production systems and feature advanced pre-flight checks on customer artwork to smooth the order process.
In Sweden, we consolidated all our operations from four centres to a single plant in Malmö and integrated the Nya Ljus business into Paragon Group.
In Norway, we moved to a new central plant in Oslo, successfully integrated Allkopi and Netprint and reduced overall number of locations by combining branches with overlapping territories.
In the UK, we conducted a strategic review and developed a repositioning plan with a focus on increasing sales and penetration. This will be implemented in 2018.
Seán Shine
Chief Operating Officer
Paragon Group Limited – 05258175
“ During the 2017/18 financial year, we have initiated a series of large- scale restructuring projects which will reduce our costs and increase our responsiveness to client demands. ”