Tco fundamentals
You'll start by understanding what TCO really means, going beyond basic acquisition costs to include all direct and indirect expenses associated with fleet ownership and operation. We’ll break down the key components of TCO and explore how it’s calculated in various contexts. You’ll also learn best practices for collecting and managing cost data, ensuring you gain complete visibility into your cost structure. Finally, you’ll identify the main cost drivers influencing your fleet, from vehicle depreciation to operational and external factors.
Cost saving strategies
In this section, you’ll learn how to use benchmarking and performance indicators to evaluate your cost efficiency compared to industry standards. You'll develop the ability to design long-term cost-saving strategies that are both sustainable and impactful. The course will also equip you with techniques for managing suppliers more effectively, helping you negotiate better deals and build partnerships that support cost optimization. We’ll also focus on operational levers such as driver behaviour, fuel management, and maintenance planning, key areas where small changes can lead to significant savings.
Advanced cost control
The final section will prepare you for advanced cost control in complex and evolving mobility environments. You’ll learn how to build TCO models that incorporate electrification, shared mobility, and other emerging trends. We’ll cover how to manage cost uncertainty caused by inflation, tax changes, and regulatory shifts. This chapter also sharpens your contracting and negotiation skills, giving you the tools to secure cost-effective agreements. Lastly, we’ll provide a set of critical questions you should always ask your suppliers to maintain financial control and accountability.
About the course
In today’s competitive landscape, mastering Total Cost of Ownership (TCO) is essential to making informed, cost-effective fleet and mobility decisions. Whether you're a fleet manager, procurement specialist, or mobility expert, this course will equip you with the strategic and operational tools to drive cost optimization across your mobility ecosystem.
Curriculum
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1
Introduction to IFMI Academy
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(Included in full purchase)
Introduction
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(Included in full purchase)
Start mastering your fleet costs, enroll today and take control of your TCO.
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