Many companies within the energy sector are faced with everyday labor challenges and obstacles within their organization. Constant heavy workloads and the inability to link employee performance with overall effectiveness can get in the way of trying to maintain an attractive and adaptable workforce management solution.
The intense competition in the energy sector is forcing companies to continually seek out improvements in business results and as such, effective labor management has become more important than ever for the Energy, Petrochemical and Oil and Gas industry. Effective Labor management helps to optimize production and increase efficiencies - pivotal to reducing costs, improving performance and increasing margins – key objectives in many Lean and Six Sigma initiatives.
Management is constantly challenged to increase production while ensuring that operational costs remain in check. Management must manage labor in a way that they are able to easily match proper employees to the most critical tasks, thus ensuring projects are optimally staffed as they move through production. Proper Labor Management processes and systems greatly streamline the time to complete complex workload projects by enabling managers to identify and eliminate wasteful labor costs every step of the way.
Labor costs are without question a very large, variable operational expense and, as such, management is constantly challenged by the balance of payroll cost containment and increased production demands. To maximize yield and operate at full efficiency, production organizations must equip their management with real-time information to monitor staffing, analyze budget performance and control labor costs, all while continuing to focus on increasing production and profit margins.
To learn more and engage in this discussion, sign up to view the live webcast on December 5th & 6th 2012 at 11:00 am EST Labor Scheduling Optimization for the Energy Sector
Who should attend: Any HR/ Workforce Management professional, Operations Management, and Executive Management
