Elliot Uriah Offers Best In Class Operations Consulting

Process flow
It is a step-by-step procedural flowchart guide to do tasks in order to increase efficiency of your business. Similar to flowcharts or diagrammatic representations you have made in school, flowcharts outline the methodology of beginning your start-up, how to keep it running and earning. The main components are input, timeline, resources, transformation and output.  The steps include 1. Name the process 2. aim and scope of the particular process 3. Identify KPIV (key process input variables) 4. Identify KPOV (Key Process Output Variables) 5. Assigning Responsibilities 6. Control points to regulate that next step is taken only after the preceding task has been executed.

It is the behind the scene-work, and because you are a start-up, you can handle it on your own or download a business flowchart software, instead of hiring anybody to handle Operations. You will customize your flowchart depending on your field—service provider, product manufacturer, restaurateur, retailer.

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Automation
Use of technology to maximize output by automating (using machines instead of manpower) different business processes, like logistics and supply management, auditing, hiring staff, managing employees’ leave requests.

It reduces wastage of time, increases efficiency and helps conduct routine tasks quickly.

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Operations Analysis
It is the examination of your current performance against different performance parameters to determine future feasibility of your intended business idea. You have to identify your resources and intended growth path. You need to ask yourself: Are we on schedule? Are we overcrossing the budget? What has been the cost of production till now? What is the profit? What is the specific time I can make larger profits?  Which is the lean period of my business? What more can I innovate? How can I do value addition?

It is basically making a checklist. For a beginner, its important to be ready beforehand for challenges like legal, capacity, production, marketing issues etc. as the business grows which will vary according to the business you are in, like retail, service, technology, manufacturing, etc.