TCO: Knowing your numbers is smart business
You hear a lot these days about the total cost of ownership (TCO). We wanted to know how fleets are doing the math to make sure they are keeping costs in check and getting the best value out of their equipment. Determining TCO According to Darry Stuart, president and chief executive officer of DWS Fleet
Determining ROI to Lower TCO
“Fleet managers have only so much time,” notes Kirk Altrichter, vice president, maintenance at Crete Carrier Corp. “We need to prioritize when we are spending time making return on investment [ROI] determinations for new equipment. There may be an ROI that will help lower our total cost of ownership [TCO], but as technology changes, products