Sometimes called “all-in costs.” In purchasing, total cost generally includes the price of the purchase and transportation cost, plus indirect handling, inspection, quality, rework, maintenance, incremental operations, and all other “follow-up” costs associated with the purchase.
Sometimes called “all-in costs.” In purchasing, total cost generally includes the price of the purchase and transportation cost, plus indirect handling, inspection, quality, rework, maintenance, incremental operations, and all other “follow-up” costs associated with the purchase.