Your employees are the backbone of your business. Satisfied, engaged, and high-performing employees can help your organization advance. On the other hand, an unhappy, unengaged, and underperforming workforce can hold you back and have an adverse effect on your competitive positioning. By understanding the current labor landscape and assessing its impact on your business, you can determine what steps you need to take to maximize the potential of your workforce.
Good labor-management involves striking the right balance between labor costs, worker health and safety, required output, and product quality. Achieving this balance is a continuous endeavor that’s complicated by the fact that, especially in this tight labor market, employers have to ensure high standards while still attracting and retaining talent.
Topics: Workforce Management Tools, Workforce Management, Improve Efficiency, Improving Production Yields, employee retention, Labor Management, warehouse efficiency, performance partners, Improve Labor Management
According to Harvard Business Review, an organization’s long-term success hinges on enterprise alignment — a value chain in which the organization’s purpose is aligned to its business strategy, organizational capability, resource architecture, and management systems. Among management systems, workforce management is perhaps one of the most critical, since every organization depends on the efficient management of its talent to accomplish its objectives. In this endeavor, cost and performance are both important aspects to consider.
Technological advancements have an impact on every industry — especially manufacturing. In fact, according to the report “Exponential technologies in manufacturing” by Deloitte and Singularity University, 86 percent of the top 100 companies by R&D spend are in the manufacturing sector. The main technology investment areas for these companies include cloud computing, advanced analytics, modeling and simulation, optimization and predictive analytics, and the Internet of Things (IoT) platforms.
Topics: Workforce Management, Increase Productivity, Improve Efficiency, Manufacturing Management, Warehouse Technology, Process Analysis, reduce labor costs, warehouse efficiency, Workforce Management Tools
As Steve Jobs once said, “Design is not what it looks like. Design is how it works.” So when we ask, would your distribution center or warehouse win best in design, the real question becomes, is your facility designed to succeed in meeting your objectives?
Clearly the designing phase of establishing a production system is the most important since most of the strategic and tactical decisions take place during this phase. While several academic studies seek to find a one size fits all solution to warehouse design, each industry and facility offers unique opportunities and challenges.
Incentivizing workers is at the heart of free enterprise. However, in order for a pay for performance program to work in a labor intensive system, certain conditions and variables are necessary to consider when planning an EFFECTIVE incentive pay program.
Topics: Uncategorized, Increase Productivity, Improve Efficiency, Manufacturing Management, Improving Production Yields, Labor Cost Solution, Labor Solutions, reduce labor costs, Labor Management, performance partners
It takes perfect timing to win the Indianapolis 500. The fastest Indy500 was completed in 1990 by Arie Luyendyk with an average speed of 185.981 mph. In 1997 Luyendyk won the Indy500 again by .570 seconds. This year the 97th Indy500 takes place on May 26 and as the most legendary automotive race in the world. It’s certainly every racer’s dream to chug milk in victory lane and take home the Borg-Warner Trophy.
To protect the apparel retailer that nGroup had the honor of working with, we will not list their name on the blog. But here's the story...
Within one year, productivity increased more than 30% and cost per unit decreased by 17%. Productivity improvements are projected to increase to 100% above baseline with a corresponding cost per unit reduction estimated to be 50% of original costs.