Capital Equipment Purchasing

Optimizing the Total Cost of CapEx Sourcing

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Compared to other main groups of procurement, capital equipment features numerous characteristics that significantly impact the purchasing process. The process of purchasing capital equipment therefore requires specific attention and above all a systematic approach. To overcome these challenges, a holistic process model and specific tools and methods for capital equipment purchasing are presented.The following topics regarding capital equipment purchasing are presented:- Compliance management- Savings measurement- Life cycle costs and total cost of ownership- Determining the optimum useful lif...