The 4ms of operation Entrepreneurship

1. 4Ms of Operation
ENTREPRENEURSHIP

3. METHOD
•As an entrepreneur, determine the number of
products that need to be processed and who will be
responsible for each step of the process.
•Then,you must determine the most efficient way for
each portion of the process to be done to eliminate
damage to the product and to eliminate areas where
time and manpower are wasted.
•Controlling waste is the key to efficient and
profitable production.

4. MANPOWER
•What is the ideal number of people it
will take to perform these methods and
what positions should they be in?
•How will the personnel be trained and
measured for performance?

5. MACHINE
•When examining your facilities, vehicles and tools, do
you have everything you need to ensure the safety of the
employees while maximizing the efficiency and
productivity of the department?
•Do all employees have access to the same tools and
equipment if needed?
•Do the tools enable them to perform tasks
independently?
•Are they trained on how to maintain the machinery and
tools?

6. MATERIALS
•Do you have the materials to perform all
parts of production and are they
conveniently located to minimize waste?
•Does the layout of the production
department minimize wasted movement?

7. LAYOUT

8. TYPES OF LAYOUT
•By Process
•Also known as layout by function, this type
of layout groups all activities of the same
nature together.
•This is used by manufacturers that produce
in small quantities or by job order.
•A good example is a furniture-making
factory where you find cutting, forming-
bending, welding/ assembly, finishing, and
packing done in different sections.

11. BY PRODUCT
•This layout is more for mass production
operations.
•In this type of layout, the different
machines and equipment are arranged in
sequence to process only one product or
a few but very similar products.
•Examples of these are automobile
assembly, food processing, and bottling

13. BY FIXED-POSITION
•In this type of layout, the product
does not move around the shop
floor.
•Instead, all the necessary materials,
equipment and machinery are
brought to it.
•This type of layout is common in the

17. BY GROUP
•This layout arranges operations in
such a way that a group of people
working together has all the
necessary equipment and tools to
complete the work.

19. •The concept of “layout” for
the trader/retailer is slightly
different. To them, layout
refers to the display or
arrangement of goods for
sale.

20. QUIZ
•1-4. Enumerate the 4Ms
•5-8. Types of layout
•9-10. For 1 sentence only.
What is the importance of
having a good layout?