Article Number: 15908
Tarkett Launches New Life Cycle Cost Analysis Tool for Commercial Flooring
SOLON, OHIO, August 19, 2019 — Tarkett, a worldwide leader in innovative and sustainable flooring and sports surface solutions, announces the release of a new digital Life Cycle Cost Analysis (LCCA) tool for commercial flooring options. The tool can be accessed at https://flooringlifecyclecost.tarkettna.com.

According to Tarkett’s research, 92 percent of facility managers surveyed find Total Cost of Ownership (TCO) or LCCA to be key drivers in their decision making. The problem is that only 12 percent of those surveyed have actually conducted an LCCA. There are several reasons for this discrepancy:

• There hasn’t been a reliable LCCA tool available
• Accurate cost analyses have been too time consuming
• Managers have a general lack of knowledge and resources to conduct an analysis

As a result of this, too often, the only financial information taken into account when making a commercial flooring selection is the initial purchase cost. This does not take into account the longer-term costs of installation, maintenance and premature replacement, which cause future budget constraints.

In response to this need, Tarkett has created a third-party assessed cost analysis tool that compares all types of commercial flooring, including product categories not currently offered by Tarkett. The tool includes a floor’s installed cost (national averages for product purchase, floor prep and installation costs), as well as maintenance costs, as calculated by The World Cleaning Industry Association (ISSA). The result is an unbiased cost analysis that helps facility managers feel confident in making informed purchase decisions.

Special features of the LCCA tool:

• Compare up to three flooring categories at a time
• Default to the national averages for flooring costs, or use the sliding scales to adjust to known local costs
• A PDF with LCCA results are immediately sent to your inbox
• Option to request follow-up from a Tarkett representative
• Phase II of the tool will include a mobile application

“Tarkett aims to create the easiest customer experience in the industry. We know that’s a tall order, but when we see a clear need like this, we get to work. The LCCA tool will help our sales team answer important questions about flooring options. But more importantly, it’s going to make our customers’ lives easier, by giving them the information they need with just a few quick clicks of the mouse. We’re really excited to offer this solution.” said Jeremy Salomon, Director, Segment Strategy for Tarkett North America.

More information about all of Tarkett’s products can be found at www.tarkettna.com. High- resolution product images available upon request.

About Tarkett
With a history stretching back 135 years, Tarkett is a worldwide leader in innovative flooring and sports surface solutions, with net sales of more than €2.8 billion in 2018. Offering a wide range of products, including vinyl, linoleum, rubber, carpet, wood, laminate, artificial turf and athletic tracks, the Group serves customers in over 100 countries across the globe. Tarkett has 13,000 employees and 36 industrial sites and sells 1.3 million square meters of flooring every day, for hospitals, schools, housing, hotels, offices, stores and sports fields. Committed to "Doing Good—Together," the Group has implemented an eco-innovation strategy that is based on Cradle to Cradle principles and promotes a circular economy, with the ultimate goal of contributing to people's health and wellbeing, and preserving natural capital. Tarkett is listed on Euronext Paris (compartment A, ISIN: FR0004188670, ticker: TKTT) and is included in the following indices: SBF 120 and CAC Mid 60 https://www.tarkett.com/.



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