Question & Answer: As an astute sourcing manager at a large industrial corporation, while making buying decisions you will…

As an astute sourcing manager at a large industrial corporation, while making buying decisions you will look at the Acquisition cost Total cost of ownership Maintenance cost Environmental cost
As an astute sourcing manager at a large industria

Expert Answer

The total cost of ownership will include the cost of acquisition and the operating cost thereafter throughout the life of the asset. Hence it is definitely more worth considering. Hence an astute procurement manager will go for TCO.

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