When properly identified and diligently managed, capacity and utilization are the North Star for navigating a strategic growth plan.
Without attention to and understanding of these two elements, operations and supply chain planning efforts will falter. Likewise, the potential for growth through expansion, renovation or new facility builds can also be compromised.
Companies that adhere to best practices for standardized and improved production processes will avoid costly mistakes and better support their organization’s strategic growth objectives.
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Industry Week
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