Capital purchase essay

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Capital purchase essay in 2021

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When do you need to purchase capital equipment?

Rarely is the need for capital equipment absolute; it can usually be post­poned until conditions for purchase become favourable.

What should I do when procuring capital goods?

The first thing to do when procuring capital goods is to evaluate the need. This may arise for one of the following reasons. (a) Starting of a new manufacturing activity. (b) Expansion of existing manufacturing facilities. (c) Replacement of old machinery and equipment; and

What should be included in a purchase proposal?

Specifications should spell out unambiguously the required performance characteristics, desired operating features, and any unique design characteristics, necessitated by the current situation. When the investigation is complete and specifications are firm, the Purchasing department formally requests proposals from the selected vendors.

Last Update: Oct 2021


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Nonia

23.10.2021 05:56

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20.10.2021 06:02

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25.10.2021 04:48

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Doil

19.10.2021 00:53

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