Total Cost of Ownership: Why Does It Matter?

Categories : Procurement Goals | Save Money | Set Strategy Published on : Mar 09 2018

By: ProcurementIQ Staff Writer Kiera Outlaw

If you’re reading this, you already understand what Total Cost of Ownership (TCO) is. You’ve read a ton of different definitions and even looked up a few formulas. So, we get it – you get it. We won’t waste your time explaining and defining a concept that you’re already so well versed with. But, we do want to briefly discuss just why TCO matters so much.





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