Use the free Business Best Practice Benchmarking Toolkit to find the strengths and weaknesses in your business practices, identify the key gaps that are holding your business back and develop your own business improvement plan

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Operations

Operations systems are concerned with converting inputs (raw materials, labour, equipment, information, and money) into outputs (products or services) to create the highest level of efficiency possible and maximise the profit of an organisation. They are how you develop and deliver your products or services.
 Operations processes are different for manufacturing, retail and service businesses – but the underlying idea is the same for all businesses, big and small.

What are the benchmarks of best practice business operations?

BEST PRACTICE BENCHMARK: All of our operating systems and processes have been refined for efficiency and are fully documented.  #Operations #Systems

BEST PRACTICE BENCHMARK: We have an effective stock management system in place. Our stock turns over consistently, we have minimal stock losses and have very low levels of obsolescence.  #Operations

BEST PRACTICE BENCHMARK: We objectively review our operational performance on a monthly and yearly basis, adjusting activity to maintain or improve performance.  #operations

BEST PRACTICE BENCHMARK: We have effective contracts and maintain strong relationships with our suppliers and contractors to minimise risk to our operational efficiency.  #Operations #Risk

Best Practice Operations Resource Library

Each item in the best practice Operations library has been included to help you achieve best practice in one or more of the benchmarks of best practice business operations.

Benchmarking Best Practice Suppliers

This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes.  You can find the links to the full series here.   Why is it important to maintain strong...

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Benchmarking Best Practice Stock Management

This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes.  You can find the links to the full series here.   Why is best practice stock control so...

read more

Benchmarking Best Practice Operations Review

This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes.  You can find the links to the full series here.   Why is it so important to continually...

read more

Benchmarking Best Practice Operating Systems

This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes.  You can find the links to the full series here.   Why are best practice operating...

read more

Use the free Business Best Practice Benchmarking Toolkit to find the strengths and weaknesses in your business practices, identify the key gaps that are holding your business back and develop your own business improvement plan

Click Here To Start ≫

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