The purpose of this study is to explore the current available practices of feedback loops at different phases in the industrialization process. Although literature highlights the impact of feedback loops for both product and production systems development, there is limited research about how firms utilize the concept of feedback loops in the industrialization process. Based on a case study at a railway component manufacturing company, the paper presents the identified feedback loops and mechanisms that are working well and not working well within the industrialization process. Further, it explains a practical method to improve the current or establish new feedback loops. The paper contributes to the discussion on the application of lean and agile approaches to the industrialization process where feedback loops act as enablers.