Capital Equipment Procurement

Duration: 60 Minutes
With everyone working very hard to make money, it is surprising how many organizations allow much of this money to be wasted by poor purchasing practices in obtaining capital equipment. This webinar is designed to stop the waste by providing some of the principles and concepts of best procurement practices to all those involved in the specifying, selection and contracting for capital equipment.
Capital Equipment Procurement
Instructor: Robi Bendorf
Product ID: 505232
Objectives of the Presentation
  • The Capital Equipment Procurement Process
  • The Responsibilities of the Capital Equipment Procurement Project Team
  • The Focal Point of Capital Equipment Contract
  • Types of Statement of Work
  • The Inspection and Acceptance Criteria
  • Make up of a Capital Equipment Acceptance Check List
Why Should you Attend
Experience has shown all of us that capital equipment purchases tend to create a different set of issues and problems than we see in standard procurement.

In this webinar we are going to look at some of the many aspects of buying a piece of capital equipment which too often do not receive the attention they deserve and therefore we end up with equipment that does not meet our expectations or provide the ROI expected.

Areas Covered
  • The Steps in the Equipment Procurement Process
  • 13 responsibilities of the Capital Equipment Procurement Project Team
  • 3 Types of Statement of Work
  • 24 Tips on Writing an Effective Statement of Work
  • Warranty Provision in the Uniform Commercial Code
  • The Inspection and Acceptance Criteria
  • Example of Terms in an Acceptance Section of the Terms and Conditions
  • Example of a Capital Equipment Acceptance Check List
Who will Benefit
  • Engineering
  • Purchasing
  • Operational
  • Financial personal at all levels involved in the capital equipment procurement process
$300
Recorded Session for one participant
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Robi Bendorf, CPSM, MCIPS, C.P.M., M.ED, has over 40 years of purchasing and sales experience, involving domestic and international activities for a broad range of manufacturing and service businesses. As President of Bendorf & Associates he has extensive experience in consulting & training in purchasing, contracts, reengineering the supply management process, the management of procurement functions, global sourcing of materials and components, reducing cost of purchased materials and services, and negotiation of complex transactions and contracts.

He has given presentations on numerous purchasing and contract management topics for the "Institute for Supply Management (ISM)", major universities, and numerous in-house seminars for industrial & services clients in the US and over 200 public seminars internationally. He is the contributor of articles published in Purchasing Today and Inside Supply Management. Robi was selected as ISM's National Person of the Year in both Global Resources and in Education/Learning.

Robi has an undergraduate degree from the University of Texas, and a Masters Degree from Penn State University.
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