WHO SHOULD ATTEND

Purchasing & contracting professionals, engineers, manufacturing specialists, materials management professionals, and financial specialists who are involved in make or buy decisions, manufacturing methods studies, product improvements studies, and capital investment decisions

PARTICIPANTS WILL LEARN

• What capital equipment is   
• The purposes and functions of capital equipment
• Relationship of capital equipment to the make or buy decision
• The lease/purchase analytical process for capital equipment

PROGRAM OUTLINE

I.     Why capital equipment?
       A.   Definition
       B.    Accounting rules for capital equipment
       C.    Relationship between capital equipment and productivity
       D.   Relationship between capital equipment and the make or buy decision

II.    Sourcing capital equipment
       A.   Special purpose versus general purpose
       B.    Availability on the market
       C.    Make or buy decision making for equipment
       D.   Buying used equipment

III.  Lease/purchase
       A.   Pros and cons of leasing
       B.    Pros and cons of purchasing
       C.    Types of leases
       D.   Projecting useful life for capital equipment
       E.    Projecting residual value for capital equipment
      F.    Performing financial/economic analysis of alternative capital investment options including lease/purchase