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

  • Erik Hofmann
  • Jens Hornstein
  • Daniel Maucher
  • Rainer den Ouden
Chapter
Part of the Professional Supply Management book series (SUPPLY, volume 2)

Abstract

Owing to the long planning periods and useful lives of capital equipment and the multitude of costs not only directly connected with capital equipment, it is difficult to record the costs incurred by such projects. They often come to bear only at much later points in time or even before the actual procurement of the object in the life cycle of an investment object. Moreover, recording them can hardly be managed with absolute precision.

Keywords

Wind Turbine Real Option Life Cycle Cost Performance Contracting Capital Equipment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Erik Hofmann
    • 1
  • Jens Hornstein
    • 2
  • Daniel Maucher
    • 1
  • Rainer den Ouden
    • 2
  1. 1.Kerkhoff Competence Center of Supply Chain ManagementUniversität St. GallenSt. GallenSwitzerland
  2. 2.Kerkhoff Consulting GmbHDüsseldorfGermany

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