Read the article from Government Procurement on “How to evaluate the Total Cost of Ownership”.Assignment – Prepare a short paper that summarizes the key concepts in the article. What do you see as the purpose of this article (white paper) from the NIGP Business Council? What were they trying to accomplish by publishing it? What are some of the key considerations when considering the value of TCO in procurement? What are the two recommendations for integrating TCO that you believe are most important? Please explain why. What are the opportunities for realizing cost savings in TCO? If you like, include an example that is not in the article (your own research). Which “quick win” strategy would you consider first if using TCO? Why would you select it over other strategies?
