operational plan

OPERATIONAL PLAN

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Group Members

Gulab khan (Introduction) Shakir ur Allah(Introduction) Manzoor Ahmad Rather (Description of

company) Yasir Khan (Flow of order of goods and

services) Ibrar Khattak (Technology utilization)

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Outline

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Introduction

Definition of operational planDesign of operational plan Financial requirementsHuman Resource and Other Capacity Financial Resource Risk Assessment

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Definition of operational plan

Annual work plan Short-term business strategies Annual operating budget request Includes all the Non-manufacturing

Processes. E.g. Retailer or service provider

needs.

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Design of operational plan

When to design? After environment and industry

analysis Availability Sufficient resources

How to design? Involvement of appropriate staff and

partners

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Financial requirements

Evaluation of your current and potential sources of income.

Estimated costs of your action and monitoring activities

Projected financial resource gaps Consider long term expenditure and

funding needs.

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Human Resource and Other Capacity

Staff skills Management structures Partner coordination Systems needs

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Risk Assessment

Identify Risks Rank Risks

Likelihood of Risk Occurring Severity of Risk

Determine Final Raking of Risks, and Develop RiskHigh Risk Medium Risk Low Risk

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Description of company What is the name of the company? What product or service are you

offering? Where is it located? Is this a start up or an existing

business?

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Description of company How will it be organized? Will it be a sole proprietorship,

partnership, or corporation? Is the company a manufacturer, retailer,

or service business? What customers is it attempting to

serve?

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Description of company Written Company Description

Type of business E.g. Transportation, private institutes etc.

Company OwnershipWho will own the company? Will it be a sole proprietorship? Partnership? Corporation?

Current Status And Business HistoryIs it just starting up? Is it an existing business?

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Description of company Markets And Products

What type of products and or services are you planning on selling?

Outline the market gap you are fulfillingE.g. does your product solve a particular

need that's not currently being serviced? Objectives Mission Statement

Vision and goalsExistence of organization

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Flow of order of goods and services

Trade ProductionLocation

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Flow of order of goods and services

ProductionProduction techniques & costs

○ How long it takes to produce a unit?Quality control

○ Maintain the standards ○ Regular inspections ○ Testing or sampling of goods

Inventory control ○ List of items such as goods in stock or the

contents of a building ○ including materials and finished product.

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Flow of order of goods and servicesProduction

Distribution○ Relationship with suppliers○ Use suppliers that understands the needs of

your business○ Look for companies that can deliver on time,

and have excellent customer serviceProduct storageCustomer service

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Flow of order of goods and services Location

Physical requirements: ○ Amount of space○ Type of building○ Zoning○ Power and other utilities

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Technology utilization What Do You Use Technology For?

Accounting, taxes, financesOrder taking and trackingOrder fulfillment/shippingInventory managementDatabase management: customer, product,

supplier, inventory, etc.Communication with customers

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Technology utilization

What Do You Use Technology For?Internal communicationPresentationsDesktop publishing/graphicsPersonnel/human resources managementProduction: design, cost-tracking, supply

management, etc.Internet marketing/Web site/e-mailInternet sales

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Technology utilization

Choosing Technology FunctionsEase of useCostSecurityAbility to be upgraded and/or expanded

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Example of Operational Plan Name of company:

Rather & Khan steel mills

LocationHayatabad industrial area

Starting up Business

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Organization of company

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Partnership between Manzoor and Yasir Khan Product:

Steel bars

Production:100 tons per month

Customers Builders (constructors)

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Flow of order of goods Production technique

Rolling (Deformation)

Time estimation per unit (steel bar)30-35mins

Distribution Own delivering facility Product storage

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Technology utilization

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Any Question………………?

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