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Capital Equipment Purchasing

Optimizing the Total Cost of CapEx Sourcing

  • Book
  • © 2012

Overview

Authors:
  1. Erik Hofmann

    1. Kerkhoff Competence Center, of Supply Chain Management, Universität St.Gallen, St. Gallen, Switzerland

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  2. Daniel Maucher

    1. Kerkhoff Competence Center, of Supply Chain Management, Universität St. Gallen, St. Gallen, Switzerland

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  3. Jens Hornstein

    1. Kerkhoff Consulting GmbH, Düsseldorf, Germany

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  4. Rainer den Ouden

    1. Kerkhoff Consulting GmbH, Düsseldorf, Germany

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  • Shows, how challenges in capital equipment purchasing can be managed
  • Contains a comprehensive set of tools with numerous instruments and methods for capital equipment purchasing
  • The presented instruments and methods are explained with numerous examples
  • Includes supplementary material: sn.pub/extras

Part of the book series: Professional Supply Management (SUPPLY, volume 2)

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Table of contents (8 chapters)

  1. Front Matter

    Pages 1-1
    Download chapter PDF

  2. Introduction to Capital Equipment Purchasing

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 1-5

  3. Characterisation of Capital Equipment

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 7-12

  4. Characterisation of Capital Equipment Purchasing

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 13-17

  5. Typical Challenges and Possible Solutions in the Procurement of Capital Equipment

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 19-21

  6. Process for the Procurement of Capital Equipment

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 23-37

  7. Instruments and Methods of Capital Equipment Purchasing in Terms of the Players Involved

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 39-65

  8. Instruments and Methods of Capital Equipment Purchasing in Terms of the Characteristics of Procurement Objects

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 67-111

  9. Overall Conclusions on Capital Equipment Purchasing

    • Erik Hofmann, Jens Hornstein, Daniel Maucher, Rainer den Ouden
    Pages 113-115

  10. Back Matter

    Pages 111-111
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Keywords

About this book

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.

Authors and Affiliations

  • Kerkhoff Competence Center, of Supply Chain Management, Universität St.Gallen, St. Gallen, Switzerland

    Erik Hofmann

  • Kerkhoff Competence Center, of Supply Chain Management, Universität St. Gallen, St. Gallen, Switzerland

    Daniel Maucher

  • Kerkhoff Consulting GmbH, Düsseldorf, Germany

    Jens Hornstein, Rainer den Ouden

About the authors

The authors of this series are researchers of the University of St.Gallen, scientists of other leading international research centers with the focus on procurement and supply chain management, consultants of Kerkhoff Consulting and practitioners. As a result of the frequent formation of mixed teams, consisting of authors with theoretical and practical background, a close link between these disciplines occurs.

Bibliographic Information

  • Book Title: Capital Equipment Purchasing

  • Book Subtitle: Optimizing the Total Cost of CapEx Sourcing

  • Authors: Erik Hofmann, Daniel Maucher, Jens Hornstein, Rainer den Ouden

  • Series Title: Professional Supply Management

  • DOI: https://doi.org/10.1007/978-3-642-25737-7

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2012

  • Hardcover ISBN: 978-3-642-25736-0Published: 12 April 2012

  • Softcover ISBN: 978-3-642-43908-7Published: 09 May 2014

  • eBook ISBN: 978-3-642-25737-7Published: 23 April 2012

  • Series ISSN: 2192-0443

  • Series E-ISSN: 2192-0451

  • Edition Number: 1

  • Number of Pages: XII, 124

  • Topics: Procurement, Operations Management

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