TCO/TCP
Hi pals,
I’m in the process of writing an essay on the efficiency of the procurement function within the enterprises and I’m finding some interesting facts.
You’ll agree with me if I say that most of the current literature balances around TCO (total cost of ownership), but this is not what is godsmacking me. Surprisingly (or not!), is the e-industry which is monopolising TCOs here and there. Good job Mr Big Blue!.
Just as a matter of interest, I’ll use “total cost of procurement”. Yes!, TCP, as in TCP/IP, we’re in a draw!.