When it comes to filling management positions, many companies prefer to hire from within. The reasoning behind this is often that an existing employee knows the company culture, has established relationships within the organization, understands operational goals and has insight into the various challenges the company faces — all factors that would theoretically allow him or her to hit the ground running in the new position.
Topics: Making a Good Manager, Improve Labor Management, Workforce Management Tools, Workforce Management, Manufacturing Management, Management Impact, Management Mistakes, reduce labor costs, Labor Management, labor shortage
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.
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.
At nGROUP, we begin each engagement with a potential client with a process analysis to determine what the client’s pain points are, what the current situation is, and how nGROUP can help realize their operational potential. This process analysis includes the steps described below. Note that there may be some variation depending on the situation and service required. nGROUP does not have a one size fits all approach. We provide custom products and services based on each client's needs and opportunities.
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
In an industry that’s suffering severe labor supply shortages and unparalleled demand for services be the warehouse that’s growing thanks to smart solutions. Lowering the costs of labor in your warehouse can give you the financial room you need to hire more qualified candidates, decrease your costs per unit, and maximize efficiency in the workplace. You can thrive, not just survive, in today’s economy with these 8 ways to reduce labor costs.
Last week we reviewed evidence that when companies invest in practices that increase employee engagement, they conversely produce higher levels of customer satisfaction and realize a significant increase in revenue growth. This is the reward of increasing employee engagement. Which leads us to a bigger question. What is the consequence if you do not address employee engagement?
We’ve all heard the saying, “attitude is everything.”
“There are only three measurements that tell you nearly everything you need to know about your organization’s performance: employee engagement, customer satisfaction, and cash flow. It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” - Jack Welch
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 Management, Business, Energize Employees, employee retention, labor costs, reduce labor costs, Lean Manufacturing, labor shortage, warehouse efficiency, nGROUP, Labor Solutions, Labor Cost Solution