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Delivering Value by Minimizing Total Cost

Ever wondered about doing a Total Cost of Ownership (TCO) analysis for your company? Watch Chris Moore (Executive Vice President of Operations at SDI) and Anup Varghese (Senior MRO Analyst at Beroe) discuss what an ideal TCO analysis should comprise of and what most buyers are forgetting while conducting a TCO analysis. Clear common misconceptions and understand how the TCO can deliver value in your company.

Success Story

SDI is an MRO integrator and partner that really helps drive categorization and a best practice approach.

SDI at Work

In the third post in this series on MRO As-a-Service by Spend Matters, Pierre Mitchell and Michael Lamoureux talk about how managing MRO as a process delivers benefits from efficiency to effectiveness and beyond to an evolutionary phase. The next generation of value, MRO-as-a-Service, helps organizations build intelligent, agile, scalable and integrated supply chains (direct and indirect).

The project team has worked its way through Define, Measure, Analyze, and Improve. It’s time to begin the Control phase. The key stakeholders gather to evaluate the solution as implemented and create a plan to sustain the improvements. The goal is to standardize the improved processes, establish an audit schedule and schedule periodic follow-up to identify additional opportunities for improvement.