Purchasing Decision Enabler for Used Equipment

This article will be helpful in enabling purchase decision of used equipment. Although there is no cut and dried checklist while choosing used equipment, there are key parameters which can help in the decision process. There should be a clear understanding in knowing the required productivity, equipment usability, present and future capacity needed for the individual processes, and finally the life expectancy from the used equipment. It will also be wasting company resources for purchasing new equipment for technology upgrades, when the capacity required is less. Used equipment can serve well, if they are bought at the right price with an efficient maintenance schedule.   Author: Socrates C.T