Want to make informed, data-based decisions that your stakeholders will understand and appreciate? With total cost of ownership (TCO), your organization can guide confident, results-focused facility improvement.
Published by APPA, the standard titled APPA 1000-1 – Total Cost of Ownership for Facilities Asset Management (TCO) – Part 1: Key Principles, is applicable beyond educational facilities.
To help lower operating expenses, companies must consider the total cost of ownership when purchasing new equipment. By purchasing slightly more expensive gear that is more efficient, manufacturers can save massively on electricity costs over the years.
In this discussion of trimming costs, paying homage to Elvis Presley tunes seems fitting.