Lehigh Home | Contact (610) 758-4372

Video Help/FAQ Send to a Friend

SCM-450 13 - Total Cost of Ownership Models

Featuring Bob Trent

Length: 1 hour 13 minutes

Total Cost of Ownership

This module provides a detailed presentation of a topic that is gaining widespread attention as companies try to identify the total cost of managing global supply chains.  At the end of this module participants will be able to:

  • Understand total cost systems, including the definition of total cost and the reasons for developing total cost systems
  • Appreciate where total cost systems fall along a continuum of different kinds of measurement models
  • Understand the primary kinds of total cost models used in supply management, including supplier performance index (SPI) models, life cycle models, and total landed cost models
  • Define the cost elements that comprise total cost models, including a set of hidden costs that are often overlooked when developing these models
  • Recognize the challenges associated with developing and using total cost models

Supplementary Materials

  • Notes & Materials