Ensuring availability of test equipment at the right time, to finish projects and meet TTM requirements, requires collaboration and bottoms-up planning between two department that don’t always see eye to eye: testing and finance.
Traditionally the default is to make capital purchases of test equipment, and these are carefully mapped out to meet expected demand for test capacity. However, because actual demand is rarely linear, in-hand test equipment may be underutilized at times and insufficient at others.
This paper provides tools, plus a methodology to:
- Understand the financial considerations in test equipment purchases.
- Develop a plan with finance that meets mutual goals: effective testing within spending constraints.