|Purchasing Capital Equipment|
Designed for purchasing personnel with existing or potential responsibility for the purchase of capital equipment. The course is also suitable for project engineers, manufacturing managers and other personnel concerned with the purchase of capital equipment.
This is a specialist course that gives delegates an in-depth examination of the techniques required to gain better value for money, reduce whole-life costs, maintain delivery commitments and installation obligations and to ensure the optimum in-service support.
Nature of Purchasing Capital Equipment
Differences to other types of Purchasing / Specification / Competition.
Capital Investment Appraisal / Payback / Discounted Cash Flow / Return on Investment / Buying from Overseas.
Relationships with other Departments
Technical Department / End User / Team Approach.
Terms and Conditions
Part Payments / Transfer of Property / Time of the Essence / Performance Guarantees.
Clarification of Responsibilities
For Transport / Unloading / Installation / Commissioning / Maintenance / Provision of Spares.
Development of PMS Check Lists to cover all aspects of Capital Equipment including Specification / Scope of Work / Price / Price Variation / Payment Terms / Delivery / Site Facilities / Safety & Environmental / Installation & Commissioning / Provisional Acceptance / Final Acceptance / Title / Risk / Documentation / Guarantees / Spares / IPR / Law & Jurisdiction etc.
Contract Price Adjustments Formulae
Review of Standard Formulae Available / BEAMA / Deriving your own Formula / Worked Examples.
Relationship to Part Payment / Supplier Visits / Critical Path Analysis.
Extensive use is made of a case study to provide practical hands-on training.
01 - 02 July 2013
07 - 08 October 2013
£575.00 + VAT
Two day non-residential course.
PMS has preferential rates for accommodation with three excellent city hotels within walking distance of the Training Centre.