Total Cost of Ownership Considerations in Global Sourcing Processes

Robert Alard, Philipp Bremen, Josef Oehmen, Christian Schneider

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

Abstract

Even within the financial crisis Global Sourcing is gaining more and more importance. Although a lot of European companies have already a long experience with international supply markets, uncertainties about the consequences and the costs related to a specific international supplier selection still remain. The Total Cost of Ownership concept is an interesting approach in order to cope with this problem. In the present paper key requirements for a Total Cost of Ownership concept from an industrial perspective are described. In the following, a Total Cost of Ownership concept is presented which allows conducting detailed Total Cost of Ownership calculations structured in different key modules. These key modules base on macroeconomic and microeconomic aspects which can also be largely used independently.
Original languageEnglish
Title of host publicationAdvances in Production Management Systems. New Challenges, New Approaches
PublisherSpringer
Publication date2009
Pages491-498
ISBN (Print)978-3-642-16357-9
ISBN (Electronic)978-3-642-16358-6
Publication statusPublished - 2009
Externally publishedYes
EventIFIP Working Group 5.7 on Integrated Production Management. Advances in Production Management Systems - Bordeaux, France
Duration: 19 Sep 200923 Sep 2009

Conference

ConferenceIFIP Working Group 5.7 on Integrated Production Management. Advances in Production Management Systems
CountryFrance
CityBordeaux
Period19/09/200923/09/2009
SeriesIFIP AICT - Advances in Information and Communication technology
Volume338
ISSN1868-4238

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