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Reducing total cost of ownership

30/04/2015

Maxi-Lift, Inc.
Many customers believe, to save money, buy cheap. Maxi-Lift is typically not the cheapest, and we don’t want to be. We want to reduce Total Cost Of Ownership. We do this by selling quality, durable parts that give the longest life and best value.

Consider price versus cost. Price is what you pay. Costs can include a number of factors:

  • Price
  • Freight
  • Labor
  • Downtime
  • Inefficiencies

Example: When evaluating a “bargain” bucket versus a higher quality “value” bucket, we will include these costs.

Bargain Bucket

16x8 CC style poly (500 ea)
  Value Bucket

16X8 HD-MAX poly (500 ea)
Price $8.00 ea $4000.00   Price $8.80 Ea $4400.00
Freight $450.00   Freight $450.00
Labor (3 men@8hr ea, $35.00 hour) $840.00   Labor (3 men@8hr ea, $35.00 hour) $840.00
 
Total Cost $5290.00   Total Cost $5690.00