Total Cost of Ownership
More control and better profitability
Total Cost of Ownership (TCO) is a holistic way of looking at your business, where you focus on the total cost of your purchases.
Instead of just focusing on the prices for material purchases, we help you review your entire chain.
We help you create an optimal material flow with fewer suppliers, less inventory and increased profitability.
Gains from a TCO mindset
Less waste, less administration and fewer costs - and more time for your core business.
As your partner, we take responsibility for you having the right products in stock - when you need them. Enjoy a smoother everyday life and greater working capital.
Many companies have poor control over their own purchases. Get the insight and overview you need - and tell you when you can achieve better results.
Three easy steps to get started
Getting started with TCO is not difficult. Any business can do that, and our team of experts will help you through the entire process.
Contact us. Together we make a calculation of what your company can save by focusing on TCO.
The work begins with Solar's TCO team analysing your business and your purchases to see which initiatives are most important. Among other things, we come up with suggestions on how we can reduce the number of suppliers and optimise and streamline your stock.
Once we have found the way to proceed, your company should see concrete results of the work within a quarter. You appoint a person in charge and we set common goals to work towards. Together with Solar, you have then quarterly adaption where we follow developments and ensure that you continue to go in the right direction.
Small purchases with a big impact
Tail spend
C items often account for a fifth of a company's purchasing costs - but for up to 80% of the purchasing administration.
We help you minimise the number of suppliers and deliveries of C items, which often makes a drastic difference on the bottom line. Test and you'll see.
More information
Read the chronicle by Lars Lange Andersen, Head of Market & Category, Industry.
Read how Nilpeter reduced administration costs significantly and freed-up important resources by consolidating a vast amount of its purchases with one sourcing partner.