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Project Costing for Maximum Profitability
By implementing timekeeping solutions for costing, organizations obtain valuable insight into project profitability. Project-oriented timekeeping data is also

labor costing  to capture and analyze labor data. Some companies use paper and spreadsheet programs to track costs and time spent on various projects, but these methods have proven to be problematic. The data is often incomplete and/or incorrect, and most manual methods require extensive man-hours to input, filter, and organize the data. Additionally, these methods significantly limit company-wide access to timely data and reporting capabilities. Manual Methods Result in Costly Mistakes In addition to the drawbacks of Read More...
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Documents related to » labor costing


Quoting and Costing for Multiple Units of Measure
A common need of plastics producers is real-time shop floor production monitoring. This serves many purposes, including tracking cycles on tools or machines

labor costing  material prices, overhead, and labor or machine rates often also have to be factored into the re-quoting process or considered actual or standard costs, and users should be able to selectively update quote prices within the system or use mass update features. Bag and Film Quoting Related to some of the plastic processing methods detailed in Differing Plastic Flavors is DTR 's Bag and Film Quoting capability, specially designed for film extruders, flexography printers, gravure printers, extrusion Read More...
Work Technology Corporation
WorkTech provides labor management software systems for complex organizations, integrated with all leading ERP and EAM systems. Serving the energy sector

labor costing  Technology Corporation WorkTech provides labor management software systems for complex organizations, integrated with all leading ERP and EAM systems. Serving the energy sector, public and private utilities, manufacturing, and facilities management, WorkTech's software can automate 100% of a company's pay rules. With 20 years of experience in these sectors, WorkTech delivers sound products and consulting to its clients so that they obtain a significant return on investment every time. Read More...
Five Reasons You Can’t Afford to Postpone Your Labor Management Project
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

labor costing  for managing and planning labor activities. In addition to product information, the WMS provides the LMS with tasks such as pick plans, and activities such as shipping, receiving, etc. The LMS can then calculate time for each task or activity and provide real-time and historical visibility to actual vs. standard. Here's a look at key measurement terms: Engineered standards : These are objective benchmarks created to measure individual or team performance utilizing a scientific method. There are different Read More...
Case Study: American Crane & Equipment Corporation
American Crane & Equipment Corporation (ACECO) designs and manufactures electric overhead traveling cranes. Managing and tracking custom projects for accurate

labor costing  ACECO’s legacy system involved labor-intensive, manual manipulation of data. ACECO saw that real-time job cost data was vital to operational performance. It found a solution with integrated functionality for all process operations. Learn more. Read More...
Forever 21 Selects Kronos for Global Workforce Management
Kronos Inc., a provider of workforce management (WFM) software, keeps on posting great results due to growth in cloud deployments and brand new customer wins

labor costing  solution will ensure optimal labor coverage across all store locations, enabling Forever 21 to predict labor needs and properly control staffing demands. These capabilities should help reduce over- and understaffing as well as minimize overtime costs. I would not be surprised if Kronos prevailed over fierce global competitors such as Infor Workbrain , Ceridian Dayforce , JDA Software/RedPrairie , and others in a lengthy evaluation process.  As employee satisfaction is a key focus for Forever 21, the Read More...
The CPSIA Is Coming–Is Your Company Ready?
Recently introduced Consumer Product Safety Improvement Act (CPSIA) regulations include labor-intensive safety and testing guidelines for children’s products

labor costing  now meet these burdensome, labor-intensive regulations with far fewer people – a scary prospect for an industry in turmoil. CPSIA: “A Nightmare Scenario” The new CPSIA regulations are intended to reduce lead content, particularly in children’s goods, by establishing new product safety and testing guidelines for children’s products, along with footwear and apparel. In practice, however, CPSIA is akin to “using a bazooka to kill a lead-free gnat,” wrote University of Chicago law professor Read More...
Choosing the Right ERP System: How to Avoid the Seven Fatal Flaws
Many process manufacturers are realizing that their production, inventory control, planning, scheduling, and costing systems are no longer adequate to support

labor costing  the Right ERP System: How to Avoid the Seven Fatal Flaws Many process manufacturers are realizing that their production, inventory control, planning, scheduling, and costing systems are no longer adequate to support their business objectives. But replacing those systems with an enterprise resource planning (ERP) system can be difficult when so many ERP systems were designed for discrete, not process manufacturing. Learn how you can avoid the seven fatal flaws of ERP selection. Read More...
Return on Investment for Automatic Time and Labor Management
Card auditing and calculating takes a great deal of time, particularly for companies using full-time time-keepers to calculate and audit time cards. If the time

labor costing  for Automatic Time and Labor Management Card auditing and calculating takes a great deal of time, particularly for companies using full-time time-keepers to calculate and audit time cards. If the time cards are handwritten, it takes even more time to review, calculate, edit, and (typically) re-enter the data into a payroll system. However, automation reduces audit time by pre-processing punches against rules defined within the system. Read More...
$40 Billion Is Being Wasted by Companies without Product Information Management Strategies-How Is Yours Coming Along?
Information errors are costing retailers and manufacturers a lot of money. Studies show that billions of dollars are wasted because of invoice errors caused by

labor costing  40 Billion Is Being Wasted by Companies without Product Information Management Strategies-How Is Yours Coming Along? Introduction Information errors are costing retailers and manufacturers a lot of money. In fact, a 2002 study from A.T. Kearney estimated that $40 billion dollars (USD) per year are wasted because of invoice errors caused by bad data. Most agree that eliminating product information errors will save money, but many of those same believers are not rushing to solve the problem. Why? A variety Read More...
How PPM Provides Direction in Uncertain Economic Times
Project portfolio management (PPM) is a process to obtain project management information of all resources, time, budget, and labor skills in order to align

labor costing  resources, time, budget, and labor skills in order to align, manage, and review these elements--and to ensure deliverables are being met in terms of project milestones, in accordance with the work breakdown schedule. In a time of economic and business uncertainty, PPM may be the prescription to obtain successful IT project management results. However, IT departments in many organizations are viewed by some in senior management circles as a huge money pit, a kind of necessary evil that generates little in Read More...
Case Study: Achieving a 99.7% Guaranteed IT Asset Tracking Rate
Learn how Grant Thornton achieved a 99.7% guaranteed IT asset tracking rate across a nation-wide network of leased computers to tightly control network

labor costing  Study: Achieving a 99.7% Guaranteed IT Asset Tracking Rate Guaranteed Life Cycle Management - How Grant Thornton Achieves 99.7% accuracy tracking its IT Assets using Secure Asset Tracking If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking&8482; solutions. Absolute Software provides individuals and organizations Read More...
New Kronos Acquisition: TimeLink
Kronos Incorporated has announced the acquisition of Time Link International Corporation (founded in 1986). Kronos is trying to expand into some of the

labor costing  Workforce scheduling Absence management Labor planning Workforce center (employee self-service) Analytics In cloud and on-premise deployment In addition, TimeLink offers a mobile application that includes: Intuitive user interface Mobile platform for connecting the workforce with the business Integrated communication tool Mobile Workforce Center for entering time, viewing schedules, shift bidding, requesting leave, and viewing accrual balances Mobile Manager Center for approving time, reviewing Read More...
Using IWR to Cut Labor Costs without Outsourcing
Intelligent word recognition (IWR) provides a competitive advantage for operations that rely on the conversion of paperwork into computer-usable form, such as

labor costing  IWR to Cut Labor Costs without Outsourcing Intelligent word recognition (IWR) provides a competitive advantage for operations that rely on the conversion of paperwork into computer-usable form, such as data entry departments of big government agencies and large financial institutions. In fact, IWR can automate data entry at a cost so low that it enables users of the technology to successfully compete against offshore service bureaus. Read More...

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