Professional Documents
Culture Documents
another.
First timer in business must familiarize themselves with
the 4’ms of operations. These will help them seize Home-based- this option is the cheapest and highly
business opportunities quickly. Individuals who flexible. Most start-ups do not have the capacity to
believe in the adage that success knocks but once” establish a manufacturing site.
will be able to create pioneering business that can
help them attain their business goals. Commercial space for rent-this advisable if the
business really requires a commercial space for the
Operations Plan- an important part of the business processing of goods and if the home option is not
plan because it simply states the details in operating viable anymore. It gives the entrepreneur a more
the business specialized and suited manufacturing site than
manufacturing at home
VIABLE - capable of working successfully
4’Ms of operation and their relationships to business MANUFACTURING PROCESS FLOW- a step by step
opportunities: guide of the employees and the manufacturing
equipment. The objective of The Process flow is to
1. Methods- the process to be followed in effectively ensure that the right inputs are properly used in
manufacturing or delivering a product or service. It is production, that the process is performed according
the day-to-day operations of a business. Internally, to the set standards, and that the acceptable
the process must abide with industry standards and outputs are produced
policies.
2.) Manpower.
3 Elements of Manufacturing
Ideal number of people will take to perform
1. Inputs- the materials or ingredients to be used in these methods and what positions should
creating the product they be in?
How will personnel be trained and measured
2. Process- the transformation phase where inputs are for performance/
processed by manpower and machines to come up What is the cycle time of each part of the
with the final product. method?
many organizations have pointed out, their
3. Output- the final product of the process stage,
employees are their most valuable resource.
which is intended to be sold to target customers
Goods and services cannot be produced
Manufacturing Site- the manufacturing process will without manpower. Even the latest, fastest,
take place. and most precise machines cannot function
unless operated by an individual.
A factory, manufacturing plant or a production plant
is an industrial site, usually consisting of buildings and
machinery, or more commonly a complex having
several buildings, where workers manufacture goods
3. Machine.
4.) Materials-