The Value of Incentive Pay in Labor Management System

Executive Summary: Incentive pay programs can lead to higher productivity, better retention, and labor cost savings. A successful incentive program requires well-defined performance metrics and a labor management system (LMS) to track and manage engineered labor standards. Non-monetary incentives also play a crucial role in fostering a culture of high performance.   With the labor […]

BUSINESS INTELLIGENCE SERIES #1 TURNING INSIGHTS INTO ACTION IN YOUR WAREHOUSE.

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Growth in data volumes and types is exploding. The opportunity to use data analytics to reshape your operations and drive profitability has never been more significant. In fact, according to a recent survey by McKinsey & Company, organizations that use analytics to inform decisions realize substantial gains. Reports show their data analytics initiatives have contributed […]