Abstract: A total cost of ownership of a product and/or supplier and related supply chain may include a multitude of cost basis that might be quantified and rated with other comparisons. The product risk might include various factors such as quality, safety, guarantee, defect rate, and the like. The supplier risk may include quite a number of risk factors such as location, costs associate with transportation, landing fees, inspection fees, labor costs, inventory costs, and the like. Based on quantified aspects related to a product and its supplier (or supply chain), a total cost of ownership related to such product or supplier can be determined. Moreover, such as capability may be related to overall return on investment.