Demand-Driven Workforce Management

Kronos', a leader in technology for workforce time tracking, descrbes "Demand-Driven" Workforce Management on their website. This exemplifies a major advantage to utilizing a contingent workforce which is the reduction of labor costs when a workforce can be easily augmented or cut back in conjuction with company and customer needs.


When the workforce is not aligned with demand (as in the above chart), your organization risks being overstaffed against customer volume, production workloads, or the patient census, all of which increase your payroll costs. Worse, it can also lead to understaffing and the inability to meet your customer service and quality standards. Rectifying the situation may require excessive use of overtime and premium labor.
Demand-Driven Workforce Management helps you to perfectly align the workforce with demand. As a result, you can reduce labor costs by minimizing overstaffing and improve quality by avoiding understaffing. Most important, your frontline managers can take a more proactive role in improving business performance. They are better able to manage responsibilities associated with staffing budgets, labor law and policy compliance, and employee satisfaction.

The Demand-Driven Workforce. [Kronos]

Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalism * Trends * Outsourcing