Friday, May 2, 2014

Another angle on TCO - Do you know what your Priceberg is?

Check out this great article by Kate Vitasek: Don’t Re-shore a Priceberg
Apr 11, 2014


"Best Value takes procurement professionals out of the price-only focus so that they understand the total cost of the deal or enterprise in front of them. This is TCO. Best Value and TCO go hand-in-hand, and when understood and implemented properly, pricing becomes value-based and becomes a win-win."