TCO Analysis
Get the best ROI as our accurate TCO predictions help look beyond purchase price and gives detailed insights on the true ownership cost, including maintenance and repairs.
Contact usHow your business benefits
Identify hidden costs to improve savings
- Understand what drives the overhead expenditure to identify cost-saving initiatives
- Spot additional benefits such as tax claims, rebates, energy savings, etc., that can be used to select the most optimal solutions
Know what’s best for you
- Choose the solution that provides you maximum benefit. For example, a product requiring high initial investment may still be beneficial due to low maintenance cost over the ownership period compared to alternatives with lower initial investment
- Replace high-cost items with alternatives that are cost effective
Make informed make vs buy decisions
- SpendEdge’s insights help you figure out if making or outsourcing a product or service is better
- Our detailed cost analysis supplemented with granular insights will aid in decision making and improve operational efficiency
Why choose SpendEdge?
Get value for money
Our experts have over 20 years of experience in insights generation. This has helped us to offer accurate TCO analysis to several of our Fortune 500 clients. Such predictions have been used by our clients to get the best product or service that optimizes their return on investment.
Attention to details is our forte
Our experts spare no effort to ensure they deliver high-quality outcomes in the shortest time possible. Time constraints have never held us back from ensuring attention to detail. All aspects of a product/service are taken into consideration while calculating the total cost of ownership.
Cut costs while using value added products
Special efforts are taken to ensure the clients have the best understanding of all cost elements involved when owning a product or service. This has often helped our clients to identify alternatives that not only cut costs but also add value to their brand.
Improve your ROI
TCO analysis focuses only on the cost and tends to overlook benefits offered by products/services. However, our benchmarking experts help clients get the complete picture as we are known for offering one-stop solutions. This has helped several of our clients improve their ROI.
Featured Case Study
How SpendEdge Helped CPG Giant Streamline Contract Manufacturer Selection Process
Challenge: Faced with intense competition and the need to improve profit margins, our client turned to SpendEdge for assistance in overcoming their business challenges. One of the main strategies involved migrating cost-intensive operations to low-cost destinations.
Solution: Our team at SpendEdge assisted the client in streamlining their contract manufacturer selection process. Leveraging our expertise and market research methodology, we identified key contract manufacturers for the client’s ready-to-eat product line.
Result: The client successfully addressed their business challenges and achieved improved profit margins and reduced operating costs. All the while, also enhancing product quality and expanding manufacturing capabilities.
Talk to One of Our Experts
At a time when sustainability initiatives are gaining prominence, we can offer a thorough TCO analysis that will help find alternatives that are not only cost effective but also add business value.
Talk to Our ExpertsInsights
Category Intelligence
Gain insights related to your key spend categories, ranging from important updates, outlook, and engagement models, to in-depth supply-chain risk analysis.
Supplier Intelligence
Improve supplier selection decision making and supplier relationship management through our services covering supplier identification, supplier updates and alerts, and risk and sustainability analysis.
Strategy Support
Improve strategic decision making through our services related to negotiation advisory, best practices, risk mitigations, supplier KPIs and SLAs, and cost optimization mechanisms.
Category Cost and Pricing
Keep a close look at price movements and forecasts for key commodities and the impact of different cost drivers to formulate effective cost reduction strategies.