Cost-transparent Sourcing in China Applying Total Cost of Ownership

P. Bremen, Josef Oehmen, R. Alard

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Asia, eminently China, is gaining in importance regarding manufacturing especially for high-volume, low-cost production. The request from industry in Switzerland to comprehend all costs related to global sourcing projects concerning China leads to the approach of total cost of ownership (TCO). In this paper, first a literature review regarding existing concepts with special focus on industry incentives, benefits, barriers and methods of structuring cost objects is conducted. Thereafter, an enhancement of the TCO approach is presented in order to achieve a holistic and transparent cost evaluation that takes supply chain risks into account. Concluding, methods for quantification of cost objects are discussed and evaluated critically.
Original languageEnglish
Title of host publicationProceedings of the 2007 IEEE IEEM, 13th IEEE International Conference on Industrial Engineering and Engineering Management
PublisherIEEE
Publication date2007
Pages262-266
ISBN (Print)978-1-4244-1528-1
ISBN (Electronic)978-1-4244-1529-8
DOIs
Publication statusPublished - 2007
Externally publishedYes
Event13th IEEE International Conference on Industrial Engineering and Engineering Management - Singapore, Singapore
Duration: 2 Dec 20075 Dec 2007

Conference

Conference13th IEEE International Conference on Industrial Engineering and Engineering Management
CountrySingapore
CitySingapore
Period02/12/200705/12/2007

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