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How to Calculate the Total Cost of Ownership (TCO)

21 February 2019 (Thursday)
How to Calculate the Total Cost of Ownership (TCO)

“When looking to acquire an asset, many of us make the mistake of focusing on the original purchase price, while ignoring the costs associated with owning that asset. As such, a $25,000 car can end up costing us over $50,000 over its useful life once we factor in maintenance, spare parts, insurance and fueling costs.
The Total Cost of Ownership (TCO) is a tool to help us calculate the real cost associated with owning an asset, be it a car, factory or software solution. Join us on this free webinar where we provide a step-by-step walkthrough on how TCO is calculated.

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Presented by
Ahmad A. Ghannoum

Deputy Managing Director

Ahmad Ghannoum is a partner and deputy managing director of Meirc Training & Consulting. He is the author of Supply Unchained (First Edition, 2021, ISBN 978-1-7372880-7-7). Ahmad holds a Bachelor of Business Administration from the American University of Beirut and an International Executive Master of Business Administration from IE Business School in Madrid. Ahmad is also an alumnus of the Executive Program in Strategy and Organization at Stanford University. He is an APICS Certified Supply Chain Professional (CSCP), a Chartered Fellow of the Chartered Institute of Logistics and Transport (FCILT), and a member of the board of CILT UAE.

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