Total Cost of Ownership - What companies should look for in capital goods
The Total Cost of Ownership (TCO) approach is about defining an accounting procedure that is intended to help companies in particular to collect all costs incurred by capital goods and to consider them over the entire period of use of the investment. The white paper examines the following factors, among others:
- Distinction between direct and indirect costs
- Practical examples for the calculation of costs
- Calculation of the Return of Investment
Download the white paper now and learn more about calculating a TCO and how it will not only give you a reliable cost breakdown, but also reveal hidden savings potential.