Workforce Management Tools: Decrease Expenses & Increase Productivity
Labor planning is an essential process for distribution and manufacturing operations that want to optimize and increase productivity. However, many companies are still using outdated labor planning methods that are costing them thousands of dollars each year. In this blog, we’ll take a close look at why outdated labor plans are a problem and what companies can do to modernize their approach.
Outdated and Unproductive: The Problem with Traditional Labor Planning
Outdated labor planning is a problem for manufacturing and distribution businesses for several reasons. First, they may not accurately reflect the current state of the business, leading to over or understaffing. This can result in lost productivity and increased costs, as businesses are forced to pay for unneeded labor or must scramble to find trained labor, often through means of overtime, to fill gaps in the schedule.
Traditionally, labor planning is a very manual process, often using a “plug and play” model to ensure all work areas are filled for a given day. This approach is costly, in terms of time and eros, as it often leads to inaccurate labor data and additional costs associated with scheduling mistakes. More importantly, this process fails to supplement any technologies that a business currently has in place to track time keeping and production.
Finally, in today’s dynamic world, a business’ ability to act quickly to demand changes, supply, or any other factor is not an option- it is a requirement. Manufacturing and distribution facilities must process the ability to quickly adapt their labor plans to account for these changes, and traditional labor planning processes simply do not allow for this. This lack of agility can often lead to missed opportunities and, as a result, lost revenue.
The Solution: Modernizing Labor Planning
So, what can companies do to modernize their labor planning process? Here are a few strategies:
- Invest in the right technology: Tools like Veryable’s Workforce Management can help businesses automate and optimize their labor planning processes. Through integrations with Human resources systems, warehouse management systems, and enterprise planning systems, businesses can bring all their data into one place, streamlining the planning process and thereby leading to a reduction of costs and increased productivity.
- Use data to inform decisions: Utilizing historical insights into labor trends and forecasting helps companies make better decisions about staffing levels, overtime, and efficiency. Veryable’s Workforce Management tool allows for this analysis to be current and readily available throughout the planning process, enabling businesses to use this data to make decisions that will save money and improve efficiency.
- Adopting agile planning practices: Veryable’s Workforce Management tool provides a holistic view of every part of a business’s operation, allowing for the visibility to act quickly to any change that may arise. This tool will allow businesses to evaluate their workforce against their demand at any given time and offers an on-demand labor marketplace to ensure all labor needs are accounted for without having to resort to overtime and increasing costs.
By investing in modern workforce management tools like Veryable’s, companies will reduce costs and increase efficiency. With the right approach, labor planning can become a strategic advantage that helps companies stay competitive and achieve their ultimate goals. Outdated labor planning is a thing of the past and companies should want to optimize their operations and increase productivity.
Ready to modernize your labor planning and management processes?
Schedule a demo for Veryable’s workforce management tool and see how our advanced technology and expert support can help your business save time, reduce costs, and increase productivity. Click here to schedule your demo now.
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