In the current economic climate, where interest rates are higher, banks are more conservative, equipment costs are elevated, and customer commitments are shorter and more dynamic, mid-sized manufacturing companies are finding innovative ways to invest in automation. One increasingly popular strategy is the use of operating leases, which aligns with a broader shift in mindset from capital expenditures (CAPEX) to operating expenditures (OPEX). We spoke with three CFOs from mid-sized manufacturing companies to get their insights on how operating leases are helping them navigate these challenging times.

CFO, Food and Beverage Manufacturer