Lower Total Cost of Ownership
Total cost of ownership: what is it and why does it matter?
With examining room furniture, as with all major purchases, the initial purchase price is only the tip of the iceberg, and it fails to recognize the REAL COST of the product. These hidden costs can lead to buyers remorse down the road.
Buyers who make balanced purchase decisions look at the TOTAL COST OF OWNERSHIP (TCO) over a product's entire Service Life. TCO analysis exposes the true money being spent so you can make an informed choice.
To calculate TCO, take the initial product price and add:
+ Delivery and Installation Costs
+ Costs to Extend the Warranty
+ Operation Costs
+ Required Maintenance/Service Costs
+ Training Costs
Then subtract the anticipated product's value at time of disposal.
You'll often find that what appeared to be a good deal based on product price alone turns out to cost you over the life of the product. With ENOCHS, we take all these costs into consideration to give you a product that you'll be happy with from day 1 to the end of the product's life.