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Alcala4 Ms of Operations

The document outlines the 4Ms of Operations, which are essential components of an effective operations plan in business management. These components include Methods, Manpower, Machines, and Materials, each playing a crucial role in the successful implementation of business operations. The document emphasizes the importance of adhering to industry standards and establishing standard operating procedures (SOPs) for efficient production and service delivery.

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8 views54 pages

Alcala4 Ms of Operations

The document outlines the 4Ms of Operations, which are essential components of an effective operations plan in business management. These components include Methods, Manpower, Machines, and Materials, each playing a crucial role in the successful implementation of business operations. The document emphasizes the importance of adhering to industry standards and establishing standard operating procedures (SOPs) for efficient production and service delivery.

Uploaded by

maevhenrosepila
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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4 M’s OF

OPERATIO
NS
H T T P S : / / W W W. S C R I B D . C O M / D O C U M E N T / 4 4 6 6 8 4 5 9 3 / 1 6 -T H E - 4 M S - O F -
OPERATION-1
https://www.scribd.com/document/513551097/1-ENTREP-SLM1-QTR2-Wk1-Day01-04-JPestano
OPERATIONS PLAN-an important part
of the business plan because it simply
states the details in operating the
business.
OPERATIONS MANAGEMENT-
controls the implementation of the
business plan. A strong operations plan
should have the four operational aspects
called the 4Ms of Operations.
T H E P R O C E SS T O B E
F O L L O W E D I N E F F E C T I V E LY
M A N U FA C T U R I N G O R
DELIVERING A PRODUCT OR
S E R V I C E S . I T I S T H E D AY-T O -
D AY O P E R AT I O N S O F A
B U S I N E S S . I N T E R N A L LY, T H E
P R O C E SS M U S T A B I D E W I T H
I N D U S T RY S TA N D A R D S A N D
POLICIES (EX. ISO
C E R T I F I C AT I O N ) . T H E
ENTREPRENEUR MUST SET
SOP’S.

METHODS
MANPOWER
 THE RIGHT HUMAN RESOURCER WHO WILL HANDLE
C E RTA I N B U S I N E SS O P E R AT I O N S .
 O N E O F T H E H I G H E S T C O S T O F O P E R AT I N G T H E
B U S I N E SS B U T I S A L S O T H E M O S T I N S T R U M E N TA L T O
ITS SUCCESS.
MACHINES
 CAN BE DESCRIBED AS THE
“BEST FRIEND” OF
MANPOWER IN PRODUCING
GOODS AND OFFERING
SERVICES
 MACHINES ARE NOT LIMITED
O N LY T O P H Y S I C A L
EQUIPMENT BUT CAN ALSO
P E R TA I N T O N E W
TECH N O LO GIES
 WITHOUT MACHINES,
B U S I N E S S O P E R AT I O N S W I L L
B E C U M B E R S O M E , C O S T LY,
AN D WITH LO W Q UAL ITY
-
MATERIALS
M AT E R I A L S T O B E U S E D I N C R E AT I N G
A PRODUCT OR PERFORMING A
S E R V I C E , W H I C H I N C L U D E S S U P P LY
C H A I N M A N A G E M E N T.
 T H E S U P P L I E R O F T H E R AW
M AT E R I A L S S H O U L D H AV E A
CONSISTENT AND SUFFICIENT
A M O U N T O F R A W M AT E R I A L S A N D
S U P P L I E S T H AT C A N A C C O M M O D AT E
THE DEMAND OF THE ENTREPRENEUR
 SELECTION OF SUPPLIERS DEPENDS
ON HOW THE SUPPLIERS WILL NOT
CAUSE INTERRUPTIONS IN THE
PRODUCTION OF GOODS AND
Rubrics:
 Understanding of the Topic
 Ability to Connect Ideas
 Content

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