Understanding Total Cost of Ownership: A Key to Capital Project Investments
Date & Time
Sunday, September 10, 2023, 3:15 PM - 3:45 PM
Location Name
Pavilion 9-10

In this session, presented by the OpX Leadership Network, we will explore the concept of Total Cost of Ownership (TCO) and how it truly impacts your bottom line. While purchase price is one element when making a decision for a capital project, there are other aspects related to operating and maintenance costs that will impact the total cost. We'll look beyond the price tag to these ongoing costs that factor into the true cost of running machinery, from design and application through maintenance and environmental concerns. 

Throughout the session, real-world examples of how brands have successfully implemented TCO methodology to understand bottom-line costs will be shared. You will leave this session with the tools to identify and quantify the costs that will impact your business far beyond the day the equipment begins producing for your business.

Richard Larsen
Session Type