Budget and time constraints make it difficult to gauge how to strategically allocate resources within your industrial metal-cutting operations, raising questions like:
Should I make high-tech capital investments in an uncertain economy?
Would it be better to invest in human capital to close the growing skills gap?
To best allocate resources within your metal-cutting operation, you must weigh short-term costs against long-term benefits. This brief outlines a big picture approach to better allocating resources and provides guidelines around:
- How to approach big upgrades strategically
- Where small improvements can yield big results
- Which investments to make in human capital
- How to look for improvements in non-traditional places