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Total Cost of Ownership Procurement Model Failure – What’s Missing?

Supply Chain Game Changer

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. What is the current nature of these Total Cost of Ownership models, and what needs to change to make their use more robust and responsive? What is a Total Cost of Ownership Model?

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Calculating Total Cost of Ownership in the Age of Big Tariffs

Supply Chain Brain

Companies managing global supply chains need to go well beyond what they pay their suppliers to calculate the true cost of ownership.


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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement


In this course, you will explore various essential aspects, including the definition of Total Cost of Ownership, key considerations, the impact of the green economy, realities of the post-Covid supply chain, and a comprehensive cost calculation checklist. Total Cost of Ownership – Definition Lesson 2.

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Watch: To Reshore or Offshore?

Supply Chain Brain

Total cost of ownership is the single most important reason why you might want to reshore your operations, says Harry Moser, founder and president of the Reshoring Initiative.

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Episode 114: Creating a Difference in Sustainable Packaging with Cory Connors


Highlights In this interview, Cory shares his knowledge about leading packaging innovations: What other materials – in addition to corrugated cardboard – come up frequently in conversations with experts How sustainable packaging intersects with corporate sustainability/ESG efforts The metrics and KPIs used to measure improvements in packaging (..)

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

Total Cost of Ownership (TCO) : TCO Analysis : Conduct a comprehensive analysis of the total cost of ownership, factoring in not only the purchase price but also long-term operational costs, maintenance, and sustainability-related costs.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing


Ultimately, the buyer can efficiently compare offers and select the optimal supplier(s) according to a best value/best price logic or lower total cost of ownership. This greatly increases the company’s agility, allowing highly efficient purchasing operations.