How do you involve and communicate with stakeholders in capacity planning?
Capacity planning is the process of determining the optimal level of resources, such as labor, materials, equipment, and space, to meet the expected demand for products or services. It is a crucial aspect of production management, as it affects the efficiency, quality, and profitability of the operations. However, capacity planning is not a one-person or one-department task. It requires the involvement and communication of various stakeholders, such as customers, suppliers, employees, managers, and investors. How do you ensure that you engage and inform these stakeholders effectively in your capacity planning decisions? Here are some tips to help you.