Luca Barberis

How close are we to capacity?

№ 201 · Throughput vs capacity

01

Definition

MetricActual throughput as a share of demonstrated capacity

Unit% of capacity utilised

Two lines (or area) showing actual throughput against capacity. The gap equals under-utilization. Pull from operations data. Persistent gap = overcapacity; throughput hitting ceiling = expand capacity. Example: 42K capacity, 32K throughput = 76% utilization (good headroom).

02

Benchmarks

Bottom 30%MedianTop 30%
below 70%, or persistently above 95% with no headroom75% to 80%85% to 92% sustained, with deliberate headroom held for peak

US total industry and manufacturing capacity utilisation from the Federal Reserve G.17 release, 2025 to 2026 monthly readings against the 1972 to 2025 long-run average. Warehouse space utilisation from the WERC DC Measures survey. This metric is a band, not a maximisation target, so both tails are failure states. · Direction is shape rather than higher_better, which matters more here than on any other card in the section. Running above roughly 92% for sustained periods converts every demand spike straight into backlog and overtime, and the US manufacturing base has averaged 78.2% over five decades rather than anything close to full. The critical definitional issue is demonstrated versus nameplate capacity. Nameplate assumes no changeover, no micro-stops and no quality loss; typical discrete manufacturing overall equipment effectiveness sits at 55 to 65%, so a ratio computed against nameplate overstates real headroom by a third or more. Cloud and warehouse figures in the category table use the same ratio but are not comparable to each other in level.

By category
CategoryBottom 30%MedianTop 30%
US total industry (Federal Reserve definition)below 74%76.1%above 80%
US manufacturingbelow 73%75.6% to 75.7%above 78.2% (the long-run average)
Warehouse and distribution centre spacebelow 75%not separately published in the public summary92% or above
Kubernetes compute (CPU)below 5%8% to 10%above 40% after automated rightsizing
Plant equipment (OEE)below 40%55% to 60%85%+
03

When it looks bad

Throughput pinned against the capacity line for weeks with no visible gap, so every demand spike converts directly into backlog and overtime. The mirror image is equally bad: a wide permanent gap meaning fixed cost is being carried for volume that never arrives.

Throughput at 97 to 99% of capacity for nine consecutive weeks, backlog up four days, overtime at 18% of hours worked and on-time delivery down six points.

04

What to do about it

  • Set the operating band explicitly, for example 80 to 88%, and treat breaches at both ends as exceptions requiring an owner. US manufacturing has run in the mid 70s for most of the last decade against a 78.2% long-run average, so a line sitting at 95% is not efficient, it is fragile (Federal Reserve G.17).
  • Recompute the denominator as demonstrated capacity before drawing any conclusion. Nameplate ignores changeover, micro-stops and quality loss, and typical discrete manufacturing OEE of 55 to 65% means nameplate overstates usable capacity by a third or more (Evocon 2024, Lean Production).
  • Buy peak capacity variably rather than structurally. Cross-docking and third party overflow protect the ratio without adding permanent fixed cost, which is how best-in-class distribution centres sustain 92% average space utilisation without collapsing at peak (WERC DC Measures 2024).
  • Where the constrained resource is cloud compute, rightsize automatically before adding nodes. Measured CPU utilisation across 2,100 plus organisations was 8% in 2025 with 69% CPU overprovisioning, and automated rightsizing halved provisioned CPUs while cutting out-of-memory kills to near zero, so the reliability argument for overprovisioning does not hold (Cast AI, 2026).
05

Sources

  1. Federal Reserve BoardIndustrial Production and Capacity Utilization, G.17 statistical release · 2026 · US industrial sector, monthly national accounts Total industry capacity utilisation 76.1% in June, 3.3 points below the 1972 to 2025 long-run average. Manufacturing 75.7%, 2.5 points below its long-run average. Mining 87.4%, utilities 69.5%. federalreserve.gov ↗
  2. Federal Reserve BoardG.17 (419) statistical release, January 2026 data · 2026 · US industrial sector, monthly Manufacturing capacity utilisation rose 0.4 points in January to 75.6%, 2.6 points below its 1972 to 2025 long-run average, confirming the multi-year band in the mid 70s. federalreserve.gov ↗
  3. Federal Reserve BoardG.17 annual revision to industrial production and capacity utilization · 2025 · US industrial sector, annual revision series Total industry capacity utilisation fell to 74.5% in 2020, jumped to 78.3%, and stood at an estimated 75.8% in August 2025 against a 1972 to 2024 long-run average of 79.5%. Utilisation revised down about 1.5 points on average across 2021 to 2024. federalreserve.gov ↗
  4. Warehousing Education and Research Council, reported by Hyster-YaleBenchmarking and improving distribution center metrics, from the 2024 DC Measures Report · 2024 · annual survey of distribution and logistics professionals; best-in-class is the top 20% of respondents Average warehouse capacity used was the single most-tracked DC metric in 2024, with best-in-class at 92% or above and unchanged year over year. Peak warehouse capacity used ranked second. scg-lm.s3.amazonaws.com ↗
  5. Cast AI2026 State of Kubernetes Optimization Report · 2026 · sampled clusters across AWS, GCP and Azure; clusters under 50 CPUs excluded Average CPU utilisation 8% in 2025, down from 10%. Memory utilisation fell from 23% to 20%. CPU overprovisioning rose from 40% to 69% year over year, memory overprovisioning 79%. cast.ai ↗
  6. Cast AI2025 Kubernetes Cost Benchmark Report · 2025 · n=2,100+ organisations across AWS, GCP and Azure, full calendar year 2024, pre-optimisation data Average CPU utilisation across Kubernetes clusters 10%, down from 13% the prior year; memory utilisation 23%. Clusters partially using Spot Instances achieved 59% average compute cost reduction, exclusively Spot 77%. cast.ai ↗
  7. EvoconWorld-Class OEE: Industry Benchmarks From More Than 50 Countries · 2024 · machines connected to Evocon OEE software across 50+ countries, June 2023 to May 2024 Most manufacturing organisations run overall equipment effectiveness closer to 55 to 60%. Most set their high target at 56 to 60% rather than at the 85% world-class level, so the realistic capacity ceiling is far below nameplate. evocon.com ↗
  8. Vorne, Lean ProductionOEE (Overall Equipment Effectiveness) · 2025 · discrete manufacturing reference standard 85% OEE is world class for discrete manufacturers, 60% is fairly typical and 40% is common for organisations just starting to measure. Demonstrates the size of the gap between nameplate and demonstrated capacity. leanproduction.com ↗