Sourcing for capital equipment often requires a team for sourcing and a project manager because capital equipment goes on the books as an "employed asset," the _________ department must be on this team.

Question

Quizplus · Accepted Answer

Since capital equipment goes on the books as an "employed asset," the finance department must be on the sourcing team. They will be responsible for ensuring that the purchase of the equipment fits within the company's budget and financial goals. The other departments may also be involved in the process, but not necessarily required for every project.

Sourcing for Capital Equipment Often Requires a Team for Sourcing