Labor Utilization Scorecard

  • Source: PROMYS
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If you want to maximize project and company profitability, you need to examine your current resource utilization processes to identify profitability “leakage” in your labor utilization management. Review the Labor Utilization Scorecard to determine where you currently experience gaps and see how a business automation system can help you close those gaps and maximize project and company resource and services profitability.

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Bistech Demo: Improved Forecasting with IBM Cognos Express

  • Source: IBM
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  • Published: August 10 2012
See how a construction company can gain greater visibility into its project pipeline and work in progress to more accurately forecast revenues, predict labor needs, and manage cash flow. Read More

How to Use Projects to Master Asset Management

  • Source: IFS
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IFS co-founder Ulf Stern and senior advisor Anders Wilhelmsson discuss how project management functionality that is tightly integrated with enterprise asset management (EAM) and asset lifecycle management (ALM) tools is essential to executives of asset-intensive industries. Lacking this integration, valuable asset data is lost and asset utilization cannot be maximized. Read More

Keeping Score: Evolving Wholesale Credit on a Maturity Model

  • Source: IBM
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The inner workings of a global financial institution can contain literally hundreds of systems in which credit risk is recorded. This risk may be managed with dozens of different, disparate systems, which can appear to be an overwhelming and resource-intensive process. This is where a maturity model comes into play. A maturity model scorecard provides banks with a single point of reference to understand what they are, where they wish to go, some practical ideas about where to start, and how to do it most cost-effectively. Read More

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Five Reasons You Can’t Afford to Postpone Your Labor Management Project

The adage “you can’t manage what you can’t measure” is true of many things in warehouse management, but perhaps nowhere more so than for the productivity of your workforce. Payroll is typically the largest single expense in the warehouse, and so many companies are using warehouse management systems (WMSs) and other technologies to do more in less time. But a labor management solution might do more for you—find out how. Read More

Calculating Utilization in a Services Company

Utilization is important for all services organizations. Maintaining high utilization of your employees drives higher billing, higher revenue—and higher profits. Yet tracking and measuring utilization poses challenges. Learn how to create a policy for calculating utilization that is consistent with common industry practices—and how to use your professional services automation (PSA) tool to measure and report utilization. Read More

The Balanced Scorecard: Building a Balanced Scorecard Framework that Drives Strategy Execution and Business Results

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