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Total Cost of Ownership: Questions to Ask Every Vendor

Published: Published on Zhilianhai

Ask for five years, not one

CostQuestion to askTypical answer you should insist on
Preventive maintenanceWhat is the schedule and the parts list?Intervals, part numbers, prices
Wear partsWhich items are consumable, at what duty?Cable, belt, gripper, filter
SoftwareAny subscription or licence renewal?In writing, with the renewal price
TrainingHow many seats, how often refreshed?Named courses, not “support”
DowntimeWhat is the assumed MTTR and spares stock?Local stock level and lead times

Watch the exclusions

Quotations often exclude travel, commissioning support beyond a fixed number of days, calibration after a collision, and software upgrades to new controller versions. Listed exclusions with prices are a sign of an honest offer; vague silence is not.

Model it yourself

Build a simple five-year cash-flow with the vendor's numbers plus your own labour rate. The result usually ranks options differently from the purchase price — which is exactly why it is worth doing before signing.

Information is provided for initial research. Verify specifications, pricing, policies and standards against the original source before making decisions.

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