Question.5102 - W4: Global Sourcing DecisionsPrompt: We can compare supplier's performance based on the total cost of ownership. What is encompassed by total cost of ownership? How does a company understand all of the costs? How might higher acquisition costs from a specific supplier be justified? In addition to reading your assigned resources for week 4, research online definitions for outsourcing, offshoring, nearshoring, and risk sharing.
Answer Below:
Hello xxxxx Total xxxx of xxxxxxxxx TCO xx all xxxxx looking xx the xxxxxxxx picture xx costs xxxx come xxxx buying xxx using x product xx service xxxxxxxxxx its xxxxx life xxxx means xx s xxx just xxxxx the xxxxx you xxx at xxx start xxx also xxxxxxxx things xxxx shipping xxxxxxxxxxxx running xxxxx maintenance xxxxxxx downtime xxxxxxxx and xxx to xxx rid xx it xxxx you xx done xx checking xxxxxxxxx based xx TCO xxxxxxxxx can xxxx smarter xxxxxxx that xxxxx on xxxxxxxxx benefits xxxxxxx of xxxx quick xxxxxxx To xxxxxx get x grip xx all xxx costs xxxxxxxxxx usually xx a xxxxxxxx cost xxxxxxxx They xxxxx together xxxxx from xxxxxxx purchasing xxxxxxxxxx and xx to xxxx out xxxx use xxxxx like xxxx modeling xxxxxxxx scorecards xxx lifecycle xxxx analysis xx figure xxx both xxx clear xxx hidden xxxxx Plus xxxxxxx at xxxx data xxx suppliers xxxx performed xxx using xxxxxxxxxx analytics xxx give x better xxxx of xxxx long-term xxxxx might xxxx like xxxxxxxxx paying xxxx upfront xxx be xxxxx it xx the xxxxxxxx provides xxxxxx quality xxxx reliability xxxxx customer xxxxxxx quicker xxxxxxxx or xxxxxxxx that xxxx longer xxxxx advantages xxx help xxxxx problems xxx down xx maintenance xxx boost xxxxxxxxxxxx which xxx lead xx lower xxxxx overallMore Articles From Management