Capital expenditure (Capex) has always been on top of every CFO’s agenda. However, it has been observed that most of the times, policies or the assumptions for Capex budgeting and approval are not very clear in an organization.
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The infographic provides pointers to
differentiate between Capex and Opex spend.
Companies across the world either outsource fleet leasing or perform in-house fleet management. In both cases, companies undertake a Total Cost of Ownership (TCO) approach to determine the lifetime cost of a vehicle. However, the Total Cost of Management (TCM) approach is lately gaining currency.
Procurement Organizations will be invariably get caught in a trade war as it would disrupt supply chains across the globe. A majority of CPOs around the world said they expect their procurement teams to take a larger role in managing risk in the next two years.
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