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tco bank of america jay comments

tco bank of america jay comments - Total Cost of Ownership...

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1 Total Cost of Ownership Bank of America
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2 Total Cost of Ownership (TCO) Total cost of ownership is the present value of all costs associated with a product, service or capital equipment that are incurred over its expected life Typical costs are: Purchase price (amount paid to supplier) Acquisition costs (Sourcing, administrative, freight/taxes) Usage costs (conversion costs, inventory, warranty, installation, training, downtime, opportunity costs) End of life costs (costs incurred when product reaches end of life less salvage value) Disposal costs, cleanup costs, project termination costs
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3 Bank of America Case Study Even financial services companies have SCM function SCM group charged with: Developing strategic plan Supplier Scorecards (Metalcraft) Reviewing Total Spend by commodity (SCANA) Consistent approach for sourcing each commodity (Supplier Relationship Management case study of Boeing)
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4 Parallels Digital Library Life cycle focus
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