Navi Mumbai based Friends Equipment is a supplier of construction equipment like crawler cranes, telescopic cranes, truck cranes, all terrain cranes, fixed tower cranes, gantry cranes, lifting platform and pipe layer and drum cutter and plaster spraying machines. Rajeev Kumar, CEO, Friends Equipment explains the current procurement trends of construction equipment.

Buying factors
Talking about the major factors a buyer should consider before making decision of buying construction equipment, Rajeev Kumar said, “A buyer must know the product he actually wants to use. Then he must compare the technical details and the brand of major components like SLI, main hydraulic pump and boom length. Also there must be a good after-sales service and spare parts availability. On top of that the product should be of reasonable price tag.”

Factors driving the procurement decision making
Apart from pricing, productivity and durability, there are some other factors driving the procurement decision making. Taking note of these factors, Rajeev Kumar said, “Fast delivery and commercial terms are the factors driving the procurement decision making.”

Buying profitable for long-term use
Procurement of construction equipment is always capital-intensive. Therefore it is essential to determine whether to rent or buy equipment considering the project requirement. According to Rajeev Kumar, “The factors a buyer must consider is the time period needed to use the equipment. If a buyer needs to use the crane for more than two years he must buy it.”

Friends Equipment’s offering
Friends Equipment specialises in the field of sales, service, operation & maintenance, spare-parts rental solution of all type of cranes in the department of road machinery, heavy machinery. Talking on why a buyer should go for construction equipment offered by his company, Rajeev Kumar said, “We are representing the best brands for all of our equipment we are supplying. Our price is competitive in the market and delivery of the equipment is fast and spare parts are easily available. We are able to provide after-sales service across India within 24 hours.”

In addition, Friends Equipment provides operation and maintenance services to its clients for supplied equipment.

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Fast delivery and commercial terms are the factors driving the procurement decision making.

Rajeev Kumar, CEO, Friends Equipment