Nieminen, Total Cost of Ownership in Manufacturing Industry - Basics and more

Have You ever wondered the same as I have: When there's an economic downturn, many employers are quick to lay off some of their personnel, reduce or stop their investments and to look for other short-term cost reductions. What if it didn't have to be this way? The concept of Total Cost of Ownership (TCO) has a huge potential to help companies make money and retain a increase their profitability more sustainably and in more long-lasting way. In manufacturing industry TCO has traditionally been...