Scheduling software allows for the effortlessly allocation of jobs to staff and machinery. Staff attendance is recorded, and jobs are easily tracked. The efficient and effective use of resources saves time and money and boost business profitability.
Scheduling software streamlines manufacturing for staff, managers and business owners. There is no need for manual scheduling on whiteboards or multiple spreadsheets.
Let’s look in more depth at what scheduling software allows you to do and how it increases a business’ profitability.
1. Allows you to know your numbers
The software tracks and records how many hours staff work on a job. A report is then created which shows labor time. Compare this report against the customer invoice and see how profitable a job is.
Knowing how many hours it takes to manufacture a job and the cost of materials shows the true cost of the work completed. Knowing how profitable a job is can change the way you do business.
The labor hours/costs can also be used to improve the accuracy of quotes and times of delivery, to ensure jobs are profitable and competitive.
2. Enables better cash flow management
The software flags pre-production or procurement staff to action a task. For example, it prompts them to order glass and aluminum based on lead times for the item. The items are ordered and received when needed, rather than taking up space on the factory floor.
Ordering the item in the same month that the client is charged for the work enables better cashflow management.
3. Track non-billable tasks
The software tracks duties within the factory which are non-billable, such as cleaning, loading the truck and receiving goods. Tracking these hours is a great way to work out the total efficiency of your factory floor, for example what percentage of time workers spend on billable versus non-billable work.
Tracking your non-billable hours will highlight what other equipment is needed to speed up tasks. For example, if a worker must leave a task to help another worker move a heavy item this time is recorded. This will highlight the time workers spend lifting and how much this costs the business. This data can then be used to generate a business case to purchase a lifting device.
4. Effective human resource management
The scheduling software records the time staff clock on and clock off. This data is then used by the human resource system for payroll services and performance management. Paying staff for hours worked becomes effortless and accurate.
Staff performance and attendance is monitored, and workloads adjusted so staff and jobs are managed effectively and efficiently.
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Knowing your numbers and the efficient and effective use of resources can boost your business’ profitability.
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