Reducing supply chain costs is a priority for organizations operating with thin margins or where material costs are high.
Many supply chain leaders focus on achieving short-term savings through cost reduction targets. Gartner research recommends using a total cost of ownership (TCO) model to focus instead on shared strategic goals.
Shifting toward TCO is hard, but not impossible, and helps to optimize supply chain costs.
Download the research to understand the benefits of TCO and practical tips for moving beyond simple/unit price.