19-01-2016, 03:52 PM
Why do we need Business Plan “All the work you do in thinking up your idea, testing it, studying it, and producing it, has been for nothing if you can’t sell it. Whether you start you own business to
produce and sell your invention, subcontract out the manufacturing part, or sell your rights in return for a percentage of the proceeds, you need a business plan.”- Pamela Riddle Bird, PhD, Inventing For Dummies CEO, Innovative Product Technologies, Inc. Operation Plan in BP 2
Why do we need Operations plan
• To Decide Product or services designs
• To Decide the transformation process
• To Decide quality standards and quality policy
• To Decide Capacity needed
• To Make location Decisions
• To Decide layout decisions
• To Decide Human resources and job designs
• To Decide Inventory managements Practices
• To Decide Aggregate Plans about Operations
• To Decide Maintenance Plans