Calculating Total Cost of Ownership (TCO) for Packaging Lines and Machinery
A Comprehensive Guide for Manufacturers and Co-Packers
Cost calculation is an important early step to determining potential return on investment (ROI). When investing in packaging equipment, however, calculating the initial purchase price alone is not enough. To properly inform your investment decisions, it’s important to understand the total cost of ownership (TCO) for your packaging machinery.
This comprehensive guide to calculating packaging equipment TCO includes:
- A list of 10 cost factors to consider
- Advice for keeping costs low
- Tips from packaging industry professionals
- Links to additional packaging resources