Just like yearly budgets, goal planning and employee reviews, planning and management of the capital plan should occur in a regular, annual cycle. But first, let’s talk about capital plan management basics. There are various tools, processes and team players to understand before beginning the capital planning process.
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10 reasons why you should build a process model
A process model can be anything from a simple excel spreadsheet to a complex model that includes all aspects of a real-world manufacturing plant. However, the best model does not include everything. It only includes what is necessary to answer questions.
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Improving operations can save real dough
Like any resource-constrained industry facing uncertain demands and external competition, the food industry is under constant pressure to reduce operating expenses, shorten lead times, improve flexibility and increase throughput. Designing new facilities or expanding existing ones is an expensive undertaking and is often ranked low on a list of options for companies.
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Successful design begins with strategic facilities planning
Rome wasn’t built in a day. Neither was it built without a foundation. Successful building design begins on the ground floor, where operations, growth, capacity and more are considered and weighed to create the detailed facility solution that is appropriately aligned around your key business objectives.
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Process simulation and its benefits
Process simulation can be an invaluable tool to compare alternatives and justify the cost for manufacturing and manufacturing-related processes.
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Understanding waste from a lean biopharmaceutical perspective
As pressure for biopharma manufacturers to cut costs continues to grow, implementing Lean and Six Sigma methodologies can eliminate waste and maximize profits.
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