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Topic:
Labor Scheduling Optimization for the Energy Sector
Date:
December 5, 2012 at 11:00 - 12:00 PM ETPresenters:
Robert Dunn, Senior Account Manager(Synerion North America Inc.)
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Description
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. Within this session we will highlight the importance of managing labor and increasing labor effectiveness in order to operate more efficiently and increase overall productivity and profitability. The goal of this session is to outline the labor management challenges facing the energy industry and the need to adopt workforce management solutions in order to operate more profitability and efficiently into the future. |
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Who Should Participate
What You Will Learn
In this session attendees will learn about:
Recommended Resources
American Payroll Association, Time and Attendance Automation Study Communities
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