Lisa Anderson is the founder and president of LMA Consulting Group, a consulting firm that specializes in manufacturing strategy, end-to-end supply chain transformation Show More Eric Kimberling CEO, Third Stage Consulting Eric Kimberling is one of the most recognized and respected independent ERP...
While resource leveling is focused on achieving the right amount of each resource, the goal of resource smoothing is a constant rate of resource demand and/or resource utilization over time. Resource forecasting Whereas many resource management techniques concern themselves with allocating resources in ...
Term Loans:This is one of the most common types of business loans. Term loans provide a lump sum of money upfront, which the borrower repays over a specific term, usually with fixed monthly installments. These loans can be secured or unsecured and often have a fixed interest rate. Working...
This is the most straightforward type of RPO. In this arrangement, a provider takes complete control of a company’s sourcing, hiring, and responsibility for the results. This type of solution can be ideal when you need a better solution than handling every single hire yourself but aren’t y...
Making a payment no longer needs human intervention. Instead, when a customer needs to pay a bill, they call you, choose “make a payment,” and get directed to a self-service payment line. Secure and automatic collection ofcredit card paymentsis possible thanks to contact center solutions th...
Staffing recruitment.This type of recruiting also involves a third-party recruiter but is often used to fillshort-term or temporary jobs. Outplacement recruiting.A type of recruiting is sometimes offered to employees who have been involuntarily terminated. The service supports former employees in their...
Number of qualified candidates.The number of qualified candidates an organization attracts for an open role is a gauge of how effective its talent acquisition team is at reaching the right candidates. Acceptance rate.Talent acquisition teams can gauge how effective their job descriptions, outreach and...
Managers can set threshold alerts which allow them to adjust staffing before time and half kicks in. Employee Hours Theft Prevention As mentioned previously, automated time collection eliminates timecard fraud. Another expensive form of employee time theft is buddy punching. With a biometric time ...
of the project. For this feasibility example, let’s assume a residential construction project will be built. To gauge market potential, they’ll need to analyze variables such as the average income of the households in the city, crime rate, population density and any trends in state migration...
Create a customer feedback loop Continuous training is most effective when you receive constructive feedback. And there’s no better place to find genuine feedback than your customers. “Your most unhappy customers are your greatest source of learning.” Bill Gates, Microsoft., Call centers can...