Total Cost of Ownership – Let’s Not Fool Ourselves Webinar

August 30, 2021
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Presented by Missouri Enterprise’s own supply chain expert extraordinaire, Tom Gordon, this insightful webinar will make you think. As Tom so astutely puts it, “Let’s not fool ourselves”. As a manufacturing business owner or procurement professional, you should get beyond the concept of “hidden costs” and arm yourself with information to avoid them. Total Cost of Ownership (TCO) is the sum of all costs associated with every activity in the Supply Chain (aka “Supply Channel”). TCO gives the Supply Chain Manager full visibility of all costs when making a purchasing decision, uncovering “hidden costs” with a complete understanding of the full picture, including information you need to differentiate alternative sourcing strategies. Tom will help you understand all the cost categories in your Supply Chain and the Key Performance Indicators (KPI) to measure them. He’ll also offer his analysis of the Best Cost Country Sourcing strategy. Attendees will leave this webinar with a much fuller understanding of the Total Cost of Ownership and some tools to improve their Supply Chain management and procurement practices.