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 life and replacement time
• Real options approach for the evaluation of investment alternatives
• Performance contracting
Readers are provided with a comprehensive and structured process model for capital equipment purchasing. The comprehensive set of methods including various instruments and methods presented in this book support the establishment of a professional capital equipment purchasing process.
- ISBN13 9783642257360
- Publish Date 12 April 2012 (first published 1 January 2012)
- Publish Status Active
- Publish Country DE
- Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
- Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K
- Edition 2012 ed.
- Format Hardcover
- Pages 124
- Language English