Standard Operating Procedures
Standard Operating Procedures
A Standard Operating Procedure (SOP) is a set of step-by-step instructions compiled by an organization to help workers carry out complex routine operations. Standard Operating Procedure is a set of processes or procedures that each department in an organization has to follow on a daily basis while performing each task. GSPU helps you to form a Standard Operating Procedure to achieve efficiency, quality output and uniformity of performance. It will reduce miscommunication and failure to comply with industry regulations.
In midst of all the general business operations, it would be difficult for the management to monitor the maintenance of assets, thus resulting in a huge loss of investment through major repairs / frequent replacements.
1. Reduce Errors and Enhance Productivity –
A pre-set operating procedure will define the process to be followed by the employees, thus reducing errors and enhancing the productivity of the working
2. Meet legal requirements –
While setting procedures, all legal requirements and compliances will be ascertained ensuring that the company is abiding with the laws of the land.
3. Establish Chain of Command –
Defining a hierarchical structure will provide direction to the employees while performing their duties, enhancing the effectiveness and reducing the time involved in obtaining permissions
4. Helps transfer of work easily –
Once the data process is defined, an employee will be able to carry out the tasks purely based on the set of procedures. This will enable new recruits to adapt to the work easily.
- Cash and Bank –Procedure to administrate and control collections and payments, ensuring accurate records for cash and bank transactions and reporting formats.
- Procurement / Purchases – Proper approvals and authorization of purchase requests, ensuring products are purchased as per specifications sanctioned and setting procedures for accounting the purchases. The Standard Operating Procedure (SOP) will also define the procedures to be set for purchases ensuring that the purchases are made at the right time, with the required quantity and best rates, achieving reasonable quantity of goods in hand.
- Stores and Inventory Management – Procedure to safeguard stock, maintain proper records detailing the stock issued and stock in hand, reconciling the accounts records with store records, and process for notifying timely replenishment to establish minimum quantities for each item.
- Management of Logistics –Procedure to coordinate all activities required to achieve the desired level of delivery at the least possible cost, covering all activities from procurement and management of inventory to delivery of products.
- Sales and Receivables – Procedure to record sales in an organized manner, implementing proper credit control, guidelines to make timely collections possible and providing management reports.
- Employee Costs and Management – This head will cover the assessment of the utilization of employees, performance analysis against their targets, duties and responsibilities and ensuring that the employment terms are as per market trends and incentives are in lines with the performance.
- Key supports to the Management – The areas of poor management will be highlighted, discussions will be held with employees and management to identify bottlenecks and find remedial measures and assist the management to focus and direct the working of the organization to achieve the vision of the company.
- Reporting Formats – The templates for MIS reports on procurement, sales, payroll and HR, and financial statements will be incorporated based on the specific need of the business, to facilitate effortless reporting the management and stakeholders.
- Other requirements of the client – Depending on the requirements of the client, we will provide customized operating procedures catering to the specific needs of the business.
- Planning – Our executives will meet with the management and understand the specific needs of the management, the current challenges they are facing and the target, the management wants to achieve.
- Internal review with staff – The executives will further interact with the staff of the company to understand the operational difficulties faced by them during the current course of execution of work. This is essential as the same has to be addressed while preparing the Standard Operating Procedure .
- Preparation of Preliminary Manual –With the input from the management and staff, a preliminary manual will be prepared to cover A-Z operations of the company.
- Training to employees –The employees will be trained on how to follow the Standard Operating Procedure (SOP) and execute their operations completely as per the set procedures. All processes will have to be carried out as mentioned in the Standard Operating Procedure (SOP) and templates will be provided across departments ensuring uniformity in the maintenance of records.
- Testing and review – The defined procedures will be tested across all departments and the difficulties/ further requirements/ required changes will be analysed.
- Submission of Final SOP and support for implementation – The above-mentioned review points will be incorporated, and the final Standard Operating Procedure (SOP) will be issued to the management.