How-to Guide How to recognise hidden savings potential within the framework of a TCO analysis
Besides listing the total costs, establishing a total cost of ownership offers a great benefit: the visualisation of all financial factors also uncovers potential for savings. Examples of this are:
- Avoidance of product recalls
- Reduction of product waste
- Unnecessary subsequent corrections
- Protection of the brand
What should be considered as direct costs?
Direct costs can be clearly recognised and are directly related to the planned investment. The direct costs are not divided into cost centres but rather into processes whose costs are then allocated to cost centres. In the How-to Guide you will learn which direct cost factors are often forgotten in a TCO calculation and how they can positively influence the overall result.
What should be considered for indirect costs in the context of a TCO calculation?
Indirect costs arise not through the purchase itself but following unproductive usage through the end user: in other words, situations where productivity is negatively affected or where equipment fails. However, these situations are often difficult to quantify. In the How-to Guide you will learn which indirect costs are essential and how they pay off twice in retrospect.
Who benefits from this How-to Guide?
The How-to Guide gives customers who are about to invest in a weighing or inspection solution an insight into how initial additional costs can even be turned into savings later on. Those looking for more in-depth material should also read the white paper on "Total Cost of Ownership".
