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Introduction
Often procurement decisions are still made on piece costs ignoring supply chain and other indirect costs. In the world of global sourcing such decisions can end up being very expensive mistakes. In this course, the focus is on developing the skills to correctly evaluate total landed costs (TLC) and estimate total costs of ownership (TCO) if applicable.
Participants will learn how to apply TLC and TCO to make improved sourcing decisions through hands-on team exercises and discussions.
