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S2.E14. Total Cost of Ownership - All you need to know

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Content provided by Two Lukes, One CIP, Two Lukes, and One CIP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Two Lukes, One CIP, Two Lukes, and One CIP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

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What is Total Cost of Ownership & why is it important for you?
In this insightful episode of “Let’s Talk Procurement,” hosts Luke 1 and Luke 10 dive deep into the concept of Total Cost of Ownership (TCO). Often, procurement professionals focus solely on the purchase price, but TCO takes a broader view, considering all costs associated with acquiring, operating, and maintaining a product or service over its entire lifecycle.

Join the Lukes as they break down the components of TCO, including direct and indirect costs, and share real-world examples of how understanding TCO can lead to smarter purchasing decisions. Whether you’re a seasoned procurement pro or just starting out, this episode will equip you with the knowledge to look beyond the initial price tag and make more informed, strategic decisions.

Tune in for a blend of practical advice, industry insights, and a sprinkle of humor as the Lukes make the complex world of procurement a little more approachable and a lot more fun!

Support the show

Please get in touch as we love to hear from you listeners! You can use the "text" function above or drop us on email: 2lukes1cip@gmail.com
It would also mean the world if you can drop us a cheeky 5* rating on your platform of choice,
Cya Later

  continue reading

43 episoade

Artwork
iconDistribuie
 
Manage episode 461063445 series 3529983
Content provided by Two Lukes, One CIP, Two Lukes, and One CIP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Two Lukes, One CIP, Two Lukes, and One CIP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Send us a text

What is Total Cost of Ownership & why is it important for you?
In this insightful episode of “Let’s Talk Procurement,” hosts Luke 1 and Luke 10 dive deep into the concept of Total Cost of Ownership (TCO). Often, procurement professionals focus solely on the purchase price, but TCO takes a broader view, considering all costs associated with acquiring, operating, and maintaining a product or service over its entire lifecycle.

Join the Lukes as they break down the components of TCO, including direct and indirect costs, and share real-world examples of how understanding TCO can lead to smarter purchasing decisions. Whether you’re a seasoned procurement pro or just starting out, this episode will equip you with the knowledge to look beyond the initial price tag and make more informed, strategic decisions.

Tune in for a blend of practical advice, industry insights, and a sprinkle of humor as the Lukes make the complex world of procurement a little more approachable and a lot more fun!

Support the show

Please get in touch as we love to hear from you listeners! You can use the "text" function above or drop us on email: 2lukes1cip@gmail.com
It would also mean the world if you can drop us a cheeky 5* rating on your platform of choice,
Cya Later

  continue reading

43 episoade

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