| Capital Equipment Purchasing: Optimizing the Total Cost of Capex Sourcing 2012 Edition Contributor(s): Hofmann, Erik (Author), Maucher, Daniel (Author), Hornstein, Jens (Author) |
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ISBN: 364243908X ISBN-13: 9783642439087 Publisher: Springer OUR PRICE: $85.49 Product Type: Paperback - Other Formats Published: May 2014 |
| Additional Information |
| BISAC Categories: - Business & Economics | Purchasing & Buying - Business & Economics | Production & Operations Management |
| Dewey: 658.72 |
| Series: Professional Supply Management |
| Physical Information: 0.29" H x 6.14" W x 9.21" (0.44 lbs) 124 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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.
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