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Profit Growth, Cost Reduction, Lean Cost Savings

Capital Expense Budgeting

What is Capital Expense Budgeting?

Capital Expense Budgeting is the prioritization of expenditures to replace equipment used in the manufacturing process as needed.
 

STS Operational Excellence

Capital Expense Budgeting Offerings

Strategic Transformation Solutions Capital Expense Budgeting services include literature reviews and feasible technology replacement for current processes with the required business case justification.

Benefits of Capital Expense Budgeting

  • Reviews fiscal responsibility vs. strategic intent

  • Prioritizes the significant impact of expenditures

  • Aligns capabilities with customer expectations

XOS

XOS is your customized Lean deployment roadmap within the management strategy that focuses on how present-day actions impact future goals.

RPA

An RPA (Rapid Plant Assessment) is a convenient snapshot of the current state of plant operations utilized to prepare for a future state. An RPA is a mini version of the full XOS Assessment.

Change Management

Change management is a systematic approach to dealing with the transition or transformation of an organization’s strategies, goals, processes or technologies.

Value Stream Analysis

Value Stream Analysis provides a visual aid for anyone looking to see issues or obstacles along the value stream.

Project Hopper Creation

The Project Hopper provides a solution to capture the problems and/or ideas the employee identifies to improve a process and the company’s bottom line.

Hoshin Kanri

Hoshin Kanri is a step-by-step process by which organizations can accomplish the alignment of current operations to the achievement of long-term goals.

Equipment Analysis / OEE

Equipment Analysis & OEE (Overall Equipment Effectiveness) are key to lead time reduction. Together each activity addresses quality and the ability to increase capacity. A thorough review of these could be critical in establishing a capital expense budget.

Capital Expense Budgeting

The business case for Capital Expense Budgeting is an important part of the yearly business strategy. Navigating where and when to spend resources can be a component of creating competitive advantages.

Continuous Improvement Consulting
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