Packaging Corporation of America’s Post

Thinking about #purchasing #packaging equipment? Don't forget to go in with a Total Cost of Ownership (TCO) approach! Discover the importance of TCO from Randy Thompson, General Manager of PCA's Performance Packaging Group. #packagingsolutions

John Caruso

Vice President Financial Operations at SupplyOne, Inc.

3mo

I have heard that term so many times... as a accountant I can actually tell you your total cost of ownership. From how many purchasing people you have to how many accounts payable clerks you have. I'm so glad I retired as I got tired of managers telling me the great pricing they got on something then when I saw the freight and broke it down for them to the piece it was deer in the headlights. Even funnier was the capital expenditure requests to buy equipment. It was going to run in never never land and not require significant outlays for takeoffs and general wear and tear parts to keep on a shelf so you don't shut your business down. Sorry but that phrase became one of the spots on my consultant Bingo card.

Julie Li

A product manager who focuses on custom cartons

2mo

Good point!

Like
Reply

Great advice!

See more comments

To view or add a comment, sign in

Explore topics