Product Details
Cost and Price - Total Cost of Ownership
Looking beyond purchase price is essential for making strategic sourcing decisions and maximizing organizational value. Total Cost of Ownership (TCO) provides a comprehensive view of the costs associated with acquiring, managing, and maintaining products and services throughout their lifecycle.
In this course, you'll learn how to develop your own TCO model using practical templates and proven methodologies. You'll explore how to identify, calculate, and analyze the full range of cost factors that influence sourcing decisions, enabling you to move beyond traditional price-focused procurement approaches. Through real-world applications and exercises, you'll gain the skills to evaluate sourcing options more effectively, uncover hidden costs, and support data-driven decision-making.
By the end of the course, you'll be equipped to apply TCO analysis as a strategic tool that drives value, improves supplier evaluations, and supports better business outcomes.
Access to this course is available for 60 days from the date of purchase.
Member Price: $195.00
ELEARNING
Product Details
What You Will Learn
- Learn key terms to communicate the scope of total cost and the value of the TCO view.
- Develop a TCO template and define what should be on your TCO template and how to set it up for success.
- Create compelling communication tools to help get buy-in from stakeholders.
Recommended For
Category Managers • Supply Chain Analysts • Buyers • Purchasing Managers • Strategic Sourcing Professionals
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CEH Credits1.0
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Product CodeEL-3610
Terms And Conditions
CERTIFICATES
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Cancellation of Certificates: Upon purchase, these courses are non-refundable.
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RESEARCH
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