Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How Procurement Teams Use Total Cost of Ownership
Episode 18 of The Buyer's Side goes beyond price negotiation to explore Total Cost of Ownership (TCO) — the hidden costs that inflate supplier expenses by 20-40%. Lucas and Luna break down real-world examples, including a mid-sized manufacturer that saved $2 million annually by switching from lowest-cost to TCO-based sourcing. They discuss categories like maintenance, downtime, training, and disposal costs, and offer a simple framework for procurement teams to calculate TCO before signing contracts. Perfect for buyers, category managers, and supply chain professionals who want to move…
The skinny
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