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.

Introduction to Capital Equipment Purchasing

Characterisation of Capital Equipment
Characterisation of Capital Equipment Purchasing
Typical Challenges and Possible Solutions in the Procurement of Capital Equipment
Process for the Procurement of Capital Equipment
Instruments and Methods of Capital Equipment Purchasing in Terms of the Players Involved
Instruments and Methods of Capital Equipment Purchasing in Terms of the Characteristics of Procurement Objects
Overall Conclusions on Capital Equipment Purchasing
References.

ISBN	978-3-642-25736-0
Article number	9783642257360
Media type	Book
Copyright year	2012
Publisher	Springer, Berlin
Length	XII, 124 pages
Illustrations	XII, 124 p.
Language	English