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Labor Utilization Scorecard

Source: PROMYS
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.


Featured publications:

WorkTech Spotlight Report
Published On: May 2 2013 In this report, TEC analyst Raluca Druta spotlights WorkTech, which in its 20-year history has developed from a consulting company and provider of ERP add-ons to become a productivity enhancement software provider. See how WorkTech’s solution offers functionality that supports both employee and contractor cost management in a single system—and how it addresses the demands of today’s complex contract labor management market. Read More...
How to Use Projects to Master Asset Management
Source: IFS 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...
Promises Kept: Creating Flexible Production Schedules Without Sacrificing On-Time Delivery
Source: Aptean For manufacturers, production strategies focused on resource utilization, flexible scheduling, and the usage of supporting ERP data mean that promises will be kept, suppliers will be happy, and customer expectations will continue to be met. This paper gives best practices for unlocking the full power of ERP in confronting and overcoming unrealistic delivery dates, and demonstrates the benefits that can be realized from “sticking to your guns”, including efficiency, profitability, and success. Read More...


You may also be interested in these related documents:

Five Reasons You Can’t Afford to Postpone Your Labor Management Project
Source: HighJump Software 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
Source: OpenAir 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
Source: Active Strategy The divide between strategy development and strategy execution can be overcome by creating balanced scorecards. Prioritize your objectives to determine which are most critical. Then cascade objectives and metrics down and across the organization, creating linked and related—but not identical—scorecards for each critical area. These and five other tips for scorecarding success will move you in the right direction. Read More...

 
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