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#68613 29/11/14 10:23 AM
Joined: Jun 2001
Posts: 246
Master
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Master
Joined: Jun 2001
Posts: 246
Have you a 5-10 year plan for capital and revenue
I have one for both but how do you tackle under 1000 pds bracket?


ERRATIC MEANS STATIC SO BE ERRATIC AND NOT STATIC
WE ARE ALL IN THE NHS AND THIS IS
"ERRATIC AND STATIC"
Joined: Apr 2001
Posts: 260
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Master
Offline
Master
Joined: Apr 2001
Posts: 260
Likes: 3
We have lifespans against equipment type (majority) and equipment model(minority).

Obviously a lifespan against a specific model takes precedence over a generic equipment type.

By using this and the purchase date, we can formulate the 'generic' estimated replacement date.

We set the following margins for our reports:
50-4,300 for revenue equipment (which covers sub 1k items) i.e. revenue
4300+ for Capital equipment

To be honest however given that the majority of equipment since purchase has increased its price by ~30% due to technology and inflation, you could probably stretch the margin to 3,500 as a starter for capital.

Sub 5k kit typically represents around 20% of your Trusts financial value and probably 60+% of your asset holdings so you could say that technically this is a lower spend area for a higher gain!

Most Trusts have a great/good capital replacement scheme funded centrally, however lack with revenue equipment as it is farmed out to the service leads/divisions/directorates etc - its worth a case to try to centralise this also for an 'assistive programme'

We provide online SSRS reports from our database for capital, revenue and inventory so that our customers can see when the stuff 'is suggested' to be replaced.


Last edited by Joe Emmerson; 16/12/14 7:58 PM.

Moderated by  DaveC in Oz, RoJo 

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