The pandemic hit every industry hard, and manufacturing is no exception. Some manufacturers are experiencing downward pressure on demand or dealing with breaking (or already broken) supply chains, but still have facilities to maintain, and a workforce to support.
In a recent Gallup poll, more than half of the U.S. workers surveyed said they’ve flexed to a remote work setup. For obvious reasons, that arrangement is mostly impossible for manufacturers. Which makes workforce planning more important than ever.
You have the ability to predict costs so you can budget better, while at the same time plan for greater profitability. One major area to focus on is your people. With the ever-changing outlook for manufacturing, it’s important that you have the ability to quickly forecast when and where you’ll need workers.
Managing turnover and absenteeism have always been something of an ordeal for manufacturers, and now it’s an even bigger challenge. If you don’t have a clue where the problem areas are or where you have gaps, you’re left grasping at straws. You need to make decisions based on data… not your gut.
In our latest guide, we outline how you can use the power of data analytics to contain costs, manage your workforce more tightly and use benchmarking to see how you compare to the competition.
Ready to learn more? Check out How Manufacturers Use Analytics for Workforce Planning: Goodbye Reports, Hello Insights.