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#White Papers

Focus on TCO: How you can reduce costs and increase efficiency at the same time with the right strategy

Did you know that the right drive technology can help to significantly reduce your Total Cost of Ownership (TCO)?

Efficient drive technology is the motor for progress. But anyone who looks solely at the purchase price when making an investment decision and disregards the follow-up costs is making a crucial mistake. After all, 80 to 85% of the Total Cost of Ownership is distributed on downstream processes, e.g. for electricity consumption, administrative processes, service and maintenance, spare parts stocking or disposal. Careful consideration of all economic aspects is therefore absolutely essential. The concept of Total Cost of Ownership (TCO) provides support in this respect. We will show you how you can reduce costs and increase system efficiency at the same time with the right strategy.

Find more blogposts on https://www.nord.com/en/nord-group/blog/blog.jsp

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  • 22941 Bargteheide, Germany
  • Getriebebau NORD GmbH & Co. KG