Supply Concepts in the Supply Industry under Total Cost of Ownership Aspects

Part 3: Selection of an Optimal Supply Concept

JournalIndustrie 4.0 Management
Issue Volume 33, 2017, Edition 2, Pages 61-65
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Abstract

In the two previous issues (Industrie 4.0 Management 5/2016 and 6/2016) the features and characteristics of supply concepts, the fundamentals of the Total Cost of Ownership (TCO) concept as well as all supply related logistics processes, referring to specifics of the TCO concept and the ne-cessary and appropriate instruments for the evalu-ation as a basis for the selection of an optimal supply concept were explained. With the third and final part to the structuring of the methodology and an example for the practical application, a holistic view of this topic complex is available for the selection of effective and efficient supply concepts ranging from the theoretical basis to the practical application of the methodology.

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Potentials: Profitability