Managing a moonshot: Keeping large industrial projects on track
1 Oct 2019
Smarter capital expenditure management can save large industrial companies up to 25 percent on every project.
An American manufacturing company had begun to build multiple state-of-the-art factories. Initially, analysts estimated that capital expenditures (capex) would reach $3 billion, and the project would take three years to complete, but even before ground had been broken, headquarters began to receive worrying reports.