Total Cost of Ownership (TCO) Report

Continuing with the information from Assignment #1, develop a balanced scorecard and create a total cost of ownership (TCO) model for the five commodities/materials you need to purchase for your new business. Feel free to make assumptions about the actual performance of each of the suppliers in terms of delivery, price changes, quality issues, etc. For example, you could indicate that your corn leaf supplier delivered on time or slightly early for the first sixth months but has been habitually late for the last six months. Make sure to clearly identify the assumptions you use. Also, rely on the assigned resources as much as possible but you can add other resources that you find helpful. Feel free to include diagrams to illustrate your scorecard or model. These diagrams do not count toward to your page length requirement. Your paper should be two to three pages, double-spaced, 12-point font, one-inch margins.

• The TCO should be double spaced, 12-point font, and two to three pages in length excluding the title page and reference page.
• Third person writing is required. Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing). If uncertain how to write in the third person, view this link: http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person.
• Contractions are not used in business writing, so you are expected NOT to use contractions in writing this assignment.
• Title page
• Use headings to help organize the paper
• Use APA formatting for in-text citations and reference page. You are expected to paraphrase and not use quotes. Deductions will be taken when quotes are used and found to be unnecessary.
• The expectation is that you provide a robust use of the course readings. No other books besides the course eBook can be used. When using a source document, the expectation is that the information is cited and referenced with a page or paragraph number.

Course readings:TCO

https://www.digikey.com/en/articles/5-reasons-to-use-total-cost-of-ownership

https://www.bsr.org/en/our-insights/blog-view/what-total-cost-of-ownership-offers-sustainable-procurement

Balanced Scorecard

https://www.inddist.com/operations/blog/13764451/supplier-performance-scorecards-supplier-stratification-part-2

https://hbr.org/1992/01/the-balanced-scorecard-measures-that-drive-performance-2

https://www.youtube.com/watch?v=jlXpxuGAQpU

https://www.youtube.com/watch?v=R4HPYYR5iLw