Hello, I have a team project that I am assigned to complete some parts of it, and I want you to help me with that.
I’ll attach the document for you so you can get a brief idea about it, and so you can complete it for me.
The parts I am assigned to complete are
Number of employees
Type of labor (skilled, unskilled, and professional)
Where and how will you find the right employees?
Quality of existing staff
Training methods and requirements
Who does which tasks?
Do you have schedules and written procedures prepared?
Have you drafted job descriptions for employees? If not, take time to write some. They really help internal communications with employees.
For certain functions, will you use contract workers in addition to employees?
What kind of inventory will you keep: raw materials, supplies, finished goods?
Average value in stock (i.e., what is your inventory investment)?
Rate of turnover and how this compares to the industry averages?
Lead-time for ordering?
Identify key suppliers:
Names and addresses
Type and amount of inventory furnished
Credit and delivery policies
History and reliability
Should you have more than one supplier for critical items (as a backup)?
Do you expect shortages or short–term delivery problems?
Are supply costs steady or fluctuating? If fluctuating, how would you deal with changing costs?