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"The Point" is written by BMP Editor Kelly Barner as well as a diverse group of guest contributors.

How to Achieve CAPEXcellence

Along with corporate services, capital procurement is often the last part of the procurement organization to mature.

It’s an opaque category that doesn’t immediately get attention for a number of reasons. It’s usually non-repeatable spend. It’s often decentralized and managed by folks at the site level. It’s sometimes assumed by management that these folks know this technical category best and meddling in their business will cause problems.

Because it’s often the domain of engineering, procurement must sometimes wedge themselves a seat at the capex table.

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Guest — Karla Ruiz
I have the opportunity to work with Bryan Robinson and he has the ability to think "out of the box" and conceptualize his ideas in... Read More
Monday, 10 November 2014 17:39
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CAPEX v. OPEX in Savings Calculations

This week's Wiki-Wednesday topic is CAPEX (Capital Expenditures) v. OPEX (Operating Expenditures). Once you understand the difference between them, the next step is realizing the impact that distinction has on negotiated savings recognition.

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