Volume 38, Issue 8, August 2003
Italian Trade Commission Offers Best Practices White Paper
to Equipment Purchases
Through an effort that the Italian Trade Commission (ITC) hopes will help U.S. manufacturers boost performance and profitability while also building long-term value, the ITC has published a free “best practices” white paper, titled “Smart Capital: The Sharp Manufacturer’s Guide to Equipment Purchases.”
John R. Brandt and George Taninecz, both of the Manufacturing Performance Institute, as well as former editors of Industry Week, were commissioned to develop “an eight-step process to make sure that [manufacturers] select the right equipment from the right vendor under the right conditions to serve their needs today and tomorrow.” According to the ITC, the paper outlines the step-by-step actions and policies that plant managers, purchasing executives and senior management must implement in order to avoid “pitfalls” when making capital investments.
“The strategy and procedures outlined in ‘Smart Capital’ will provide new insights for even the most seasoned purchasing professional,” said Paola Bellusci, ITC trade commissioner.
For more information, call 1-888-ITALTRADE.
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