Before You Build That New Plant—Max Out What You’ve Got
Many mid-market companies contemplate building new plants to meet growing demands, but before investing significant capital, it is essential to explore the untapped potential of existing facilities. Plant optimization can provide a more cost-effective solution and potentially eliminate the need for that capital expenditure (CapEx) altogether. Surprisingly, most manufacturing facilities have 15-30% hidden capacity that remains unutilized. This article will outline how maximizing your current operations can delay or even negate the need to build new facilities.
