Cost of Ownership, Quantity and Total Cost of Ownership

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Cost of Ownership

Quantity

Total Cost of Ownership

What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

AUGUST 23, 2023

The main difference relates to cost. In contrast, strategic sourcing focuses on the total cost of ownership and seeks to create the best possible value. Strategic sourcing assesses all the costs of a company’s operations and considers what value suppliers can bring.

Strategic Sourcing

Strategic Sourcing Import Total Cost of Ownership IT

Evolution of the Status Quo

The Procurement School

MAY 27, 2024

Until recently, public owners have relied on a common approach of drafting conceptual drawings, commissioning quantity surveys, and buffering their budgets to allow for a percentage contingency. “Supply chain issues” has become an accepted catch-all term to explain a range of circumstances.

Public Procurement

Public Procurement Total Cost of Ownership Budget Collaboration

Public Procurement Central

What is Strategic Sourcing and Why is it Important?

Evolution of the Status Quo

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