No one predicted the spike in replacement parts prices over the past several years nor the delays in getting out-of-stock parts. This assessment explains how these numerous price increases add up to big expenditures raising TCO.
Analysis of Three Cost Containment Strategies
A cost-deferral strategy simply defers or moves expenditures to future fiscal years. Cost-saving measures seek to lower current spending levels. Cost-avoidance initiatives are actions that eliminate incurring a cost in the future.