Program Overview
This program aims to empower professionals with the skills and knowledge to accurately assess and optimize the full spectrum of costs associated with assets and projects. By mastering TCO principles, participants will enhance their strategic decision-making, drive cost efficiencies, and support sustainable financial performance within their organizations.
What you’ll learn
- Need & Comprehensive Understanding of TCO Principles
- TCO Calculation Methodologies
- Identification and Management of Hidden Costs
- Application of TCO in Strategic Decision-Making
- Real-World Examples and Case Studies
Target audiences
- Manufacturing Department Professionals
- Suitable for Mid-Level Employees
- Procurement Professionals
Curriculum
- 3 Sections
- 12 Lessons
- 1 Day
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- Conceptual Understanding8
- 1.1Introduction to Total Cost of Ownership.
- 1.2Understanding TCO in Electronics Manufacturing.
- 1.3Simulation: TCO Calculation Exercise.
- 1.4Real-Life Examples and Case Studies.
- 1.5Situational Awareness: Identifying and Mitigating Hidden Costs.
- 1.6Advanced TCO Analysis Techniques.
- 1.7Overcoming Obstacles and Driving TCO Adoption.
- 1.8Integrating TCO into Decision-Making Processes.
- Conceptual awareness exercise and Group Discussion3
- Open forum and Discussion1
Instructor
