Make the busiest workflow cost less every month
Unit economics are decided in operations. The annual goal is a company whose cost per order falls as volume rises; this quarter attacks the cycle time and the cost per unit of the workflow we run most.
Cost to process one order $18.40 → $9.00
How it is measured: Fully loaded operations cost divided by orders processed
Baseline: $18.40 · Target: $9.00
Initiatives
- Time every step of the order workflow and publish where the minutes go
- Remove the two steps no downstream team uses
Median hours from order received to order fulfilled 34 → 8
How it is measured: Median hours between an order arriving and it being fulfilled
Baseline: 34 hours · Target: 8 hours
Initiatives
- Batch the approvals that currently wait on one person
Orders needing a manual fix 23% → 6% of the orders received this quarter
How it is measured: Orders touched by hand after submission, over orders received
Baseline: 23% · Target: 6%
Initiatives
- Fix the top three causes of manual rework at their source