← Back to Business Toolkit
<aside>
🧠 Use Case
Identify key operational metrics and strategies for improvement. Through a conversational approach, ChatGPT provides tailored advice based on specific business contexts, enabling effective operations management.
</aside>
- Input required = business/industry, production process, operational details
- Two-step prompt
🔨 Prompt One
I run a business in [business/industry] and I want to improve my operational efficiency. Here are some details about my business:
- Type of Products: [the product you manufacture]
- Production Process: [your production process - how you source materials, the manufacturing stages, quality control mechanisms, etc.]
- Current Operational Challenges: [specific issues or challenges you're currently facing in your operations - e.g. delays in production, quality issues, wastage, high costs, etc.]
- Operational Capacity: [current operational capacity - e.g. details about your workforce, manufacturing units, machinery, etc.]
- Existing Operational Metrics: [any operational metrics already being tracked]
Based on these details, could you help me identify additional key operational metrics I should be tracking, and provide some tailored strategies for improving these metrics?
🔨 Prompt Two
Here are some key operational metrics seen across businesses:
- Cycle Time: The total time from the beginning to the end of a process, including process time, during which a unit is acted upon to bring it closer to an output.
- Productivity: The amount of output per unit of input (labor, equipment, and capital).
- Utilization: The degree to which a resource such as equipment or labor is currently being used.
- Efficiency: The extent to which time or effort is well used for the intended task or purpose.
- First Time Fix Rate: The percentage of issues or problems resolved on the first attempt without the need for a repeat intervention.