Written by Robert McIvaine, President of The Mcilvaine Company this article entitled, Lowest total cost of ownership validation (LTCoV) for stainless steel products will be essential for success examines the sea change that is occurring in the direct route to market for stainless steel products.
McIvaine discusses how one aspect is that the Industrial Internet of Things (IIoT) and data analytics will be providing vast amounts of data on Total Cost of Ownership (TCO). Current data will be available to the operators corporate specialists who increasingly will be making the major purchasing decisions, especially about the lowest total cost of ownership validation (LTCoV).
To read this full article please turn to pages 14 and 15 in the April issue of Stainless Steel World Americas or contact Candace Allison at c.allison@kci-world.com to request a copy of the article in PDF format.