How to Procure the Best Capital Equipment

culled from:wikihow.com

Steps

1

Study the application very carefully (the job, it's size, it's shape, it's handling, method of presentation on the machine/ equipment etc). Total range of above must be brought out

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   2
   Analysis of data on advantage of combining operations or doing the operations at different work stations need be done
   • Tentative specification values need to be frozen
   • Survey to be done in market for availability of nearest capacity machines or equipment and popular brands. Use of internet tools is very handy. Use http://www.directindustry.com,www.techspex.com Direct Industry],ThomasNet.com ,MMSOnline.com,GlobelSpec.com.
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   Get the data on site addresses of the manufacturers and send them tentative technical specifications prepared earlier to get budgetary offers
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   Make comparisons on following parameters(capacity, features i.e.capability, scope of supply, accuracy etc)
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   Keep 20% redundancy on your requirements to cater to future needs
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   Get the sites particularly from Romania, Spain, Belgium, Czechoslovakia, Italy, Japan, China,Germany for getting the data on equipment / machines available in the market
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   Get the data on their representation and back up service available in your country
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   Finalise the specifications by broad banding so that you get maximum number of offers for your tender.
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   Float the Tenders globally or to the filtered companies, so that you get maximum responses
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   10
   Have a thorough technical discussions for suitability
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    Finalise technically
    • An attractive price can be obtained if 2 parts system is followed so that you get the prices in second round
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    Finalise the order on lowest and best , thus filtered
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    To keep low end/ low capability machines/ items away from fray , some filters on experience can be kept
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    Insert strict inspection clauses.
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    Perform inspection before dispatch and also at your works
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    Insert job proving clauses so that any lacunae in supply / capacity is brought forward
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    Buy a sizable chunk of spares
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    Insert clauses so that peripheral equipment is from your own country so that you get immediate service.
    • This method gets you a very good equipment at a very low cost. And the main theme is preparation and efforts to be put in for achieving above objective