GROUP 7

4M's of
Operation
 4M's of Operation

Describes how an entrepreneur

METHODS will run the business from all

facets of the business such as the
REPRESENTS manufacturing of goods, service
tH E D AY-T O - D AY delivery process, distribution of
O P E RAT I O N S O F A goods and services, logistics for
delivery of goods, and inventory
BUSINESS
management
MANUFACTURING
OF GOODS

MANUFACTURING

-is the p rocess of translating raw

materials into finished goods that
are acceptable to the customer’s
standards.
 THREE ELEMENTS OF
MANUFACTURING

INPUT PROCESS OUTPUT

the materials or the
ingredients to transformation
the final
be used in phase where product of
creating the inputs are the process
product processed stage
 • HOME-BASED
MANUFACTURING
SITE 2. COMMERCIAL
IT ERE HE
is wh t
SPACE FOR RENT
M A N U FA C T U R I N G
PROCESS WILL 3. COMMERCIAL
TA K E P L A C E .
SPACE PURCHASE
 4M's of Operation

MANPOWER Qualified
employees that
HANDLE ALL HE
t can handle
ASPECTS OF THE operational
BUSINESS functions
1 . E D U C AT I O N A L
Criteria in
BACKGROUND
hiring
2.WORK suitable
EXPERIENCE
employees
3.SPECIFIC SKILL for the job
OR KNOWLEDGE
needed:
4 . W O R K AT T I T U D E MANPOWER
What are your
strengths that
you can
contribute to our
company?
 4M's of Operation

MACHINES • Can even replace

employees
T H E “B E S T F R I E N D ” • Help business
OF MANPOWER IN operations become
PRODUCING GOODS standardized and
AND OFFERING seamless.
S E RV I C E S .
• Equipment and other
facilities
MACHINES
• LANDLINE PHONES
Telecommunications
• MOBILE PHONES and Information
Technology equipment:
• L A P T O P A N D D E S KT O P
COMPUTERS
MACHINES
• POS MACHINES

• WEB SITE
 4M's of Operation

MATERIALS To be used in
creating a product
T H E RAW M AT E R I A L S
AND SUPPLIES or performing a
service
 LOGISTICS
MANAGEMENT:
WAREHOUSING TRANSPORTATION INVENTORY
is storing the the process of the final
finished goods efficiently
product of
manufactured in a sferring the
tran
the process
facility until they products to
are distributed to stage
retailers or
end users. consumers.