Jeremy Mitchinson, programme leader at MWH in the UK, is featured in an Institute of Water article titled, “It’s a brave new world - enabling a Totex efficient approach.”
Jeremy comments on how the move to a Total Expenditure approach against long-term, customer-focused outcomes will drive companies to consider expenditure in a more holistic way. This will mean moving away from perceived preferences for Capex solutions over possible cheaper and better operating solutions. The distinctions between Capex and Opex will be removed allowing different approaches to be traded in the management of assets and delivery of customer-valued services.
Read more about the Totex approach here.
This article was originally published in IOW Magazine.
