Great learning opportunity, leaving armed with practical notes and checklists to use on the job. Joanne Conchie | Purchasing Manager, Electric Glass Fiber UK Ltd

Purchasing Captial Equipment

Download Course Details

A two day non-residential course

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.

Outcomes

This is a specialist course that gives delegates an in-depth examination of the techniques required to gain better value for money, reduce risk, identify whole-life costs, maintain delivery commitments and installation obligations and ensure in-service support.

Please see course content below or click 'Download  Course Details' for  a PDF of the course information.

Fee | £595.00 + VAT

Fee includes all tuition, comprehensive course notes and information hand-outs, morning and afternoon refreshments and lunch.

Dates | Two day non-residential course

Next course:

Tuesday 28th and Wednesday 29th November 2017

Venue:

Doncaster Racecourse Exhibition and Conference Centre, Leger Way, Doncaster DN2 6BB

Register Interest

Complete our enquiry form for further information about any aspect of our training service.

Register Interest
Course Content

Nature of Purchasing Capital Equipment

Differences to other types of Procurement / Capital Expenditure / Operational or Revenue Expenditure / Reducing Friction between Functions / Team Approach / Clarification of Responsibilities / Capital Expenditure Policy Statement.

The RFQ/Enquiry Package

Main Elements / Specification / Performance / Sourcing Capital Equipment Suppliers / Supplier Selection / International Standards / Non-Disclosure and Pre-Tender Documentation / Tendering / Developing Competition.

Terms and Conditions

Key Terms / Interim and Part Payments / Transfer of Property / Transfer of Risk / Price Variation / Delivery / Time of the Essence / Performance / Acceptance Criteria / Guarantees / Dispute Resolution.

Contract Price Adjustments Formulae

Review of Standard Example Formula / BEAMA Clause / Deriving your own Formula / Worked Examples.

Progressing Delivery

Payment for Progress / Monitor and Control of Delivery / Gantt Charts / Manufacturing Programmes / Critical Path Analysis / Supplier Visits / Third Party Arrangements.

CapEx Contract Management Forms

Request to Invite Tenders / Contract Placement Authorisation / Contract Memorandum / Site Order Form / Variation Order Form / Contract Change Request / Certificate of Provisional Acceptance / Certificate of Final Acceptance / Contract Completion Report.

Capital Investment Appraisal

Basic Approaches / Payback / Accounting Rate of Return / Net Present Value / Discounted Cash Flow.

Case Study

Extensive use is made of a ‘real-life’ capital purchase case study to provide practical, hands-on training.

We provide training to large, medium and small organisations in both the public and private sector.

  • BAE Systems
  • Everest
  • Eurotunnel
  • Nestle
  • Met Office
  • Mitsubishi
  • Quorn
  • Toyota
  • Unipart Rail
  • Virgin Trains