e-Tips Issue #2 on Operations & Management System Topic for this Issue: BALANCE SCORE CARD (BSC) OPERATIONS AND MANAGEMENT - CORPORATE PLANNING MANAGEMENT COMMITTEE Some CRITICAL PERFORMANCE INDICATORS (CPI) Is your profit below 20% of gross sales? High cost to produce products due to low yield from materials Usage (high wastage, rejects & loss) and Time & Motion (takes too long to have quality and quantity produce) Mileage? High cost to operate the business? Man power and related cost more than 18%? Cost of Goods Sold is more than 38% for food or 33% for mix foods and beverages? Over production that leads to spoilage and cost of money? Often loss of opportunity to sell? Poor cash flow because of over due collections and others related? Poor cash flow due to Cost - Budget problems? MORE CPI in Modules. Operations and Management Modules are inter-related and dependent with each other to have a smooth flow of the business Operations. Click opsmgt.weebly/ops--mgt-etips.html e-Tips and Sample of Works will be shared soon. Watch for next issue
Posted on: Thu, 28 Nov 2013 02:56:37 +0000
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