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Everyone, including top leaders, need to be on-board when agencies install new technology

American City & Country

According to Witt, governments must also consider the total cost of ownership of the new system. It also includes the supplemental cost of implementation, training, ongoing support and system maintenance.” Go to the following link for information on Nintex’s work with governments. The same applies to technology.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Consider the total cost of ownership, not just upfront costs. No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. When local governments purchase technology, it’s crucial they understand the unique constraints and responsibilities they face.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Ultimately, the buyer can efficiently compare offers and select the optimal supplier(s) according to a best value/best price logic or lower total cost of ownership. This greatly increases the company’s agility, allowing highly efficient purchasing operations.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

Total Cost of Ownership, ERP appears to be cheaper, but is it? In addition to all of these benefits, the total cost of ownership of an ERP-based solution is higher. In such cases, a better approach is to implement a best-in-class supply chain solution, because the business and IT can find common ground.

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What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

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 is important because it helps companies to reduce overall costs over time.

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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. Gartner’s 2015 survey of CEOs indicates that revenue growth is now five times more important than cost savings.

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Singapore’s EVe harnesses the power of data with help from NTT DATA, AWS

AWS Public Sector

In alignment with Singapore’s ambitious sustainability objectives , the Land Transport Authority (LTA) of Singapore is intensifying its efforts to spur the adoption of electric vehicles. This contributes to the nation’s goal of achieving 100 percent cleaner energy vehicles by 2040, and the effort leverages Amazon Web Services (AWS).

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