3P Framework

The 3P Framework is a Method that helps Companies build Successful Business Models.

• By focusing only on 3 Simple Factors.

 

The 3 Factors proposed are:

1. Product.
2. Process.
3. People.

 

Although it is widely used in Business, it is also used in Lean Manufacturing.

 

Both Approaches Focus on the 3 same Factors but in a Different way.

• The Lean Approach Optimizes each one of these Factors.
  • Reducing waste, Duplicate Operations, etc.
    • In Manufacturing Processes.

 

• The Business Approach Improves these Factors when building Businesses.
  • In a Proactive Way.

1. Product: Focus on Developing a Good Product that covers a Real Market Need.

• Ensure that your Customers are Satisfied with the Product.

 

2. Process: The Manufacturing Process should be Solid and Stable.

• Otherwise, Prices could fluctuate and Quality could be Compromised.

 

3. People: The Company must have a Management System that ensures excellence.

• Employees must have Goals and Know exactly What they have to do and How.

 

3P Framework Template.

 

Before sharing some practical examples with you, we want to clarify one thing:

• The 3P Framework in Lean Manufacturing.

 

As we mentioned before, this Framework is very Popular in Lean Manufacturing.

Let’s see How it is used:

 

Lean Manufacturing Focuses on Optimizing Manufacturing Processes by:

• Reducing the Necessary Materials.
• Eliminating Unnecessary Operations.
• Getting Rid of Wastes.
• etc.

“Grosso Modo”, of course (this can have many nuances).

 

When applied to Lean Manufacturing, the 3P Framework suggests to:

• Create a Limited and Homogeneous Product Catalog (when possible).
  • So the Manufacturing Process needs less Stocks and Pieces.

 

• Optimize Manufacturing Processes frequently.
  • With the least number of Operations possible.

 

• Apply the same Principle to Management and Employees.
  • Having the necessary amount of People, working Effectively.

The best way to understand the 3P Framework and How you can use it is by sharing some examples with you:

We’ll now imagine that you Have your Own Business.

You would like your Business to be more Successful, but you don’t know where to start.

 

You’ve heard of a Simple Tool that helps Companies with their Performance:

• The 3P Framework.

 

Therefore, you decide to use it.

Let’s see how you use it:

 

You Own a Pizza Restaurant.

• Or a Italian Restaurant Specialized in Pizza.

 

Your Business is doing OK but, you don’t see your Customers Satisfied enough.

• And you want to have the best Pizza Restaurant in Town.

 

That is why you decided to apply the 3P Framework:

 

Product

In order to “Master” your Product, you will:

• Narrow down the Pizza options, focusing your efforts on the most Popular ones.
• Offer Napoli Pizzas (the authentic Pizzas from Naples).
• Modify your Suppliers so you offer the best Italian Products.

 

Process

In order to Guarantee that your Pizzas are always Perfect, you’ll:

• You’ll make a Guide with all the Instructions to prepare each Pizza.
• You will keep track of the time of each Dough to be optimal.
• Modify the Time required for the Dough to rise, depending on the Season.

 

People

In the Restaurant, it is you and 2 more People. However, you:

• Ensure that everybody Understands and Follows the Pizza-Preparation guideline.
• Designate one of you to be the “Quality control” of the Ingredients and Dough.
• You assign Specific Tasks for each of you to become “Masters” of what you do.

 

Now, we’ll imagine that you Build Websites.

• Professionally.

 

You are doing OK, but you would like to Increase your Earnings.

• Since there are lots of Competitors, you need a good Reputation.

 

That is why you decided to apply the 3P Framework:

 

Product

In order to Develop the Best Sites, you will:

• Guarantee + 90 Results in PageSpeed Insights (Website Speed).
• Include 1 year of Site Maintenance for Free.
• Study New Designs in order to have always something New to offer.

 

Process

To ensure that your Sites maintain a high quality Standard, you:

• Carry out interviews with each Client to know exactly what they need.
• Hire a Professional Web Programmer to code what you’re not good at.
• Involve your Clients in the Site Design so that the Modifications are minimal.

 

People

It is you and the Professionals you hire to outsource certain things. Then, You:

• Establish a fluid Communication channel to Increase the Flexibility.
• You will only Hire the best Professionals, even if your Margins drop a bit.
• You will adopt a Goal-Oriented work philosophy with strict Deadlines.

 

Finally, we’ll imagine that you create Handmade Jewelry.

• And you sell it on-line.

 

Again, you have a few clients, but you want to Boost your Business.

• Improving your Brand reputation.

 

That is why you decided to apply the 3P Framework:

 

Product

In order to Develop the Best Jewelry Products, you decide to:

• Offer New Designs nobody has, rather that simply copying current Trends.
• Use the best Precious Metals in the Market, and let your Clients know.
• Buy New Machines (for Polishing, Welding, etc) to Improve your Products.

 

Process

To ensure that your Products Comply with the best Standards, you will:

• Create a Step-by-Step Guide for Creating each Product.
• Track each product sold with a Code in case there are Issues.
• Study how you can Reduce waste as it is Expensive (Lean approach).

 

People

Since it is only you and your Suppliers you will focus on your own Skills. You’ll:

• Establish periodical meetings to check New Materials.
• Analyze what the Market Trends are, in order to be Informed.
• Study New Ways of Developing Products.

The 3P Framework is a Method that helps Companies build Successful Business Models.

 

The 3 Factors proposed are:

1. Product: Focus on Developing a Good Product that covers a Real Market Need.
2. Process: The Manufacturing Process should be Solid and Stable.
3. People: The Company must have a Management System that ensures excellence.

 

When applied to Lean Manufacturing, the 3P Framework suggests to:

• Create a Limited and Homogeneous Product Catalog.
• Optimize Manufacturing Processes frequently.
• Apply the same Principle to Management and Employees.