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Understanding Total Cost of Ownership

Understanding Total Cost of Ownership

Total Cost of Ownership is a term that has been in manufacturing for decades. It refers to both the direct cost, which is how much was paid, and the indirect costs of an item. Indirect costs have typically been much more difficult to define, and encompass a variety of different areas that spread throughout the organization.

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Custom Tailored Solutions

Custom Tailored Solutions

At Martin Supply, we pride ourselves on providing “Custom Tailored Solutions” to each of our Customers. So what does that mean? It may not be immediately apparent, but it is important that we define Custom Tailored Solutions so that Customers understand our value proposition.

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