To better explain the TCO model in fastening, we use the iceberg model.
On average, the fastener itself makes up to only around 15% of the total costs. The remaining 85% of the costs come from development, procurement, testing, inventories, assembly and logistics. This chain of events is adding costs to the entire fastening ecosystem.
Experience in the industry has shown that cost savings of 50% and more can be achieved in the areas of logistics and engineering. This has a lasting effect on the total costs of the end product. At Bossard, we recognize the facts and we understand your challenges. Every solution we create, is designed to reduce costs, according to the TCO concept in fastening.
This is what we call "The Rule of 15-85".