Using TCO to Buy and Sell Smarter
Thursday, December 8, 2022
Webinar | 2:00 p.m.- 3:00 p.m. ET
Using TCO to Buy and Sell Smarter
Of products now sourced offshore, 20 to 30% would be more profitably sourced domestically. TCO (Total Cost of Ownership) is the key tool to objectively compare alternative sources to determine which items can be most profitably sourced domestically and which offshore. TCO was used by one contract manufacturer to win a $60 million order against a Chinese competitor.
The webinar will describe:
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How to identify the products most eligible to reshore
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How to use the TCO Estimator
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The power of using TCO
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Avoiding silos: involving the impact on other departments and budgets
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Using TCO for selling against imports
Viewers are encouraged to first attend PMA’s December 1, 2022 webinar "Reshoring is Surging. How Your Company Can Benefit".
Join PMA and Harry Moser, president, Reshoring Initiative, on December 8 at 2:00 p.m. ET for a focused presentation on the importance and benefits of using TCO for profitably sourcing locally.
Speaker
Harry Moser, President, Reshoring Initiative
Harry founded the Reshoring Initiative to bring manufacturing jobs back to the U.S. after worked for GF AgieCharmilles, starting as President in 1985 and retiring 12/31/10 as Chairman Emeritus. Largely due to the success of the Reshoring Initiative, Harry was inducted into the Industry Week Manufacturing Hall of Fame 2010 and was named Quality Magazine’s Quality Professional of the year for 2012. Harry participated actively in President Obama’s 1/11/12 Insourcing Forum at the White House, won the Jan. 2013 The Economist debate on outsourcing and offshoring, and received the Manufacturing Leadership Council’s Industry Advocacy Award in 2014. He received a BS in ME and an MS in Engineering at MIT in 1967 and an MBA from U. of Chicago in 1981.
Registration
PMA Members: Free
Nonmembers: $49
Questions? Contact Connie King.