Six Steps to transform Capex Procurement

Six Steps to transform Capex Procurement

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.

Pointers to Identify CAPEX and OPEX

The infographic provides pointers to differentiate between Capex and Opex spend.

Slow Transition from TCO to TCM approach in Fleet Management

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.

Trade war or not: C-Suite expects Procurement to take lead in supply chain risk

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.