Ep#48 Find hidden capacity in manufacturing plants

Manufacturing companies tend to be unaware of the 'Real Capacity' of their plants. Typically, companies make an estimate of their capacity based on a 'median' product mix they manufacture, capacity defined by equipment suppliers, or experience over time. This then becomes a benchmark used to measure plant efficiency. Companies may even elevate capacity when output consistently reaches this benchmark. Through their implementations, Vector Consulting Group has consistently delivered much higher output from the existing capacity, surprising and startling plant operators. In this podcast, Achal Saran Pande, Senior Partner at Vector Consulting Group, discusses common misconceptions in calculating the 'Real Capacity' of a plant and sheds light on how to unearth hidden capacity in almost all plants. Tune in to unravel this mystery.