CAPS Research releases a SnapShots benchmarking report on Capital Equipment Sourcing and Procurement.
A brief survey was distributed asking organizations to provide their total spend for Capital Equipment and a breakout of spend for Capital Equipment sourced from low-cost countries. Organizations were also asked if there was an expectation that Capital Equipment spend, including Capital Equipment being sourced from low-cost countries, would increase, decrease, or not change.
The survey results imply that more than half of the survey participants have not sourced Capital Equipment from low-cost countries and do not anticipate doing so in the near future. But overall, half of the companies indicated they expect a 37 percent increase in Capital Equipment spend over the next two years.
The complimentary Snapshots benchmark report “Capital Equipment Sourcing and Procurement” is available on the CAPS Research public website http://www.capsresearch.org. First time visitors will be prompted to register to access the study.