Capex and Opex - It is not about price, it is about cost
When considering the procurement of capital goods it is important to take a step back and consider the context. “Capital goods generally have a long lifespan and thus it is necessary to consider this implication when acquiring them. Failure to do so could result in the cost of the goods removing the benefit of savings of procurement price. Further, an oversight in the management of cost over time, due to the initial procurement decision, can result in dramatic overspend over the lifecycle of the goods”, Annuska Bezuidenhout, a Senior Procurement Specialist at Volition Consulting Services, told SmartProcurement.
Posted by StaffWriter at 1:10 PM | Comments (0)
