Start free trial
Take Naologic for a spin today, no credit card needed and no obligations.
Start free trial

Total Cost of Ownership - What is total cost of ownership in procurement?


An study that assigns a single value to the whole lifecycle of a capital acquisition is known as total cost of ownership (TCO). Acquisition, operation, and the softer expenses of change management, including paperwork and training, that flow down from acquisition, are all a part of this value.