Research and Development: Manufacturers often invest in R&D to innovate and develop new products. Capex consulting ensures that these investments align with the company's long-term objectives and have a clear path to commercialization. Effective R&D investments can lead to product diversification and market expansion.
Risk Mitigation: Capex Consulting also plays a role in risk management. Consultants help manufacturers assess potential risks associated with Capex projects and develop strategies to mitigate them. This includes cost overruns, delays, and unforeseen challenges that could impact the return on investment.