Category: Operational Readiness
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How do you achieve Operational Readiness in Greenfield Industrial Projects?
Operational Readiness (OR) is a crucial aspect of any greenfield industrial project, ensuring that new facilities and operations start up smoothly and deliver expected performance from day one. Effective OR planning minimizes risks, reduces costs, and accelerates time-to-production. This article provides a comprehensive framework for implementing OR in greenfield sites based on industry best practices…
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What is operational readiness?
“Companies that achieve operational readiness can expect to see a 10-20% reduction in costs, a 10-15%increase in revenue, and a 10-20% improvement in capital productivity“ -McKinsey & Company 1. A Crucial Step for Greenfield Sites Operational Readiness (OR) is a pivotal process for the successful transition from project execution to full-scale operations, particularly in industrial…