What if you could find savings in your business by better understanding one of your largest costs. One of the first items nGROUP investigates is the true hourly cost of labor. Many companies have a cost line in the P&L, a labor report, or some calculated cost for their personnel. This often times lead to missed opportunities or misunderstood results.
Are you looking for ways to drive down labor costs and improve your organization’s performance?
If so, then it’s important to understand that your most important challenge in this endeavor might not be a talent shortage or the implementation of a new technology. The truth is that after working with many companies across multiple industries, we’ve consistently found that the biggest challenge to making sustainable improvements is the adherence to the status quo within the workplace.
Like most operational executives, Bob Duron has faced THE CHALLENGE – How do you address worker retention, find enough good people, manage rising labor costs, implement productivity improvements AND reduce costs?
Topics: labor shortage, nGROUP, warehouse efficiency, Labor Management, Lean Manufacturing, Business, reduce labor costs, labor costs, employee retention, Energize Employees, Labor Cost Solution, Labor Solutions
We are all feeling the labor crunch. It’s hard to recruit, train, retain and make progress all at the same time. All of these labor challenges boil down to the fact that we are tasked with developing a rapport AND a system of accountability with the workers that ultimately determine our success. At nGROUP, we have taken on such challenges and created a labor model with specific tools and competencies that maintains flexible staffing while delivering the performance and quality that companies seek – with less sweat.
During the recent Council of Supply Chain Management Professional’s Conference (CSCMP), I had the pleasure to attend a breakout session conducted by Scott Graves, a PhD candidate at the University of Iowa. Graves presented his research on the pros and cons of Onsite Outsourcing – what we at nGROUP call Insourcing.
If you are like me, you are elated to hear the introduction song to Monday night football; look forward to ESPN’s College Game Day and get a little upset when the Fantasy Football app doesn’t work. As hard as I work during the course of the week, I look forward to pulling for my favorite teams during the weekend and recharging for the next week’s 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: performance partners, Labor Management, Uncategorized, reduce labor costs, Labor Cost Solution, Labor Solutions, Improving Production Yields, Manufacturing Management, Improve Efficiency, Increase Productivity
Many executives within the manufacturing and distribution industry are facing a budgeting process that will ultimately make or break their company’s earnings. Now is the time to think about what strategies will deliver desired results.
New regulations and a changing business climate are creating an environment that forces a company to find prosperity in innovative ways.