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Food & Beverage

Ensuring return on investment

"All or nothing" investment approaches are both impractical and doomed to failure. Massive changes without verifying the return on investment are a high-risk strategy. Taking a more pragmatic approach, with phased, manageable investment, checking that the expected return on investment is achieved mean that long term, sustainable investment can realize direct bottom line improvements and lead to further investments.

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Easier and more secure planning of investments
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Easier and more secure planning of investments

By utilizing a maturity model managers in the food and beverage industry can solve several challenges with one approach. Such models can aid in aligning the project goals with all internal stakeholders, ensuring that everyone has a clear view of what is to be done and why, but equally, such models can help plan the stages and process of investment depending upon the goal that is desired.

If you want to learn more about our maturity model and get an in-depth explanation, then have a look at our Smart Manufacturing Kaizen Level (SMKL) web page.