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Numerical Insights Helps Factory Predict Its Future Workforce Needs

PRLog - Aug. 6, 2014 - CHARLOTTE, N.C. -- Numerical Insights has been assisting a manufacturing company in determining the workforce it needs for the future. Using mathematics and various categories of data, the number of employees needed to support the company’s growth has been determined. In addition, the impact of growth on the total cost of the workforce and changes in profitability trends can be investigated.

“Companies are just beginning to scratch the surface on workforce analysis.  Using data available inside a company and investigations into workload drivers for significant job categories, it is possible to use mathematics to determine the relationships between headcount needs and business needs. In addition, sometimes this investigation provides insights into whether a growing company’s workforce needs will erode its profit.”

Smith, previously the head of Global Strategic Workforce Planning for FedEx Express World Headquarters, is an independent consultant. She has been helping companies use data analytics to assess and prioritize HR programs, forecast future workforce needs and assess profitability.

Numerical Insights LLC is a Charlotte-based company which provides a personalized and customized approach to addressing your business challenges through the use of data analytics. With over 20 years of analytical experience in engineering, supply chain and HR, Numerical Insights is well equipped to support your analytical needs.

Tracey Smith

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Source:Numerical Insights LLC.
Location:Charlotte - North Carolina - United States
Industry:Automotive, Manufacturing
Tags:workforce, factory, automotive, manufacturing, planning
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