Axsiums Balanced Labor Model Reveals Innovative Approach to Managing Workforce

Axsium Group provides an innovative view for balancing labor needs and costs.

CHICAGO — Axsium Group, North America’s leading Workforce Management consulting firm, today announced its findings of a profound way for assessing labor needs and costs while navigating a troubled economy. Axsium documents this approach in its latest whitepaper. The Balanced Labor Model utilizes the economic principles of supply and demand to produce a workforce blueprint that helps identify the exact number of workers needed for a precise time or function. In other words, the Balanced Labor Model helps organizations balance labor supply with labor demand to maximize productivity, profitability and employee and customer satisfaction. “Many different organizations have for decades used complex financial models and software to forecast fluctuations in currencies, interest rates and the price of commodities,” said Tim Lett, executive vice president of Knightsbridge Human Capital Management, and founder of Axsium Group. “The fact is we can use this approach to forecast the ebb and flow of labor supply and demand. And by doing so, we can help organizations achieve greater productivity per dollar spent on their workforce.” The Balanced Labor Model is a product of the implementation of an integrated Workforce Management (WFM) solution that can produce data on sales, levels of production and other factors that drive labor demand. The WFM solution can help identify the total workforce needed at a particular point in the sales or manufacturing cycle, and ensure that the workers with the right skill sets are assigned the right tasks. “With proper attention to detail and planning, the beauty of a Balanced Labor Model is that it essentially pays for itself by maximizing the ROI in human resources,” Lett said. The whitepaper is available for download at: http://www.axsiumgroup.com/resources.html.

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About Axsium Group Axsium Group, a division of Knightsbridge Human Capital Management, is the industry leader in Workforce Management consulting, dedicated to delivering business and technology advisory services to large, highly distributed organizations. With a singular focus on Workforce Management and thorough a combination of business and technology best practice expertise, our clients gain access to trusted business advisors and technology experts with unmatched experience. Axsium Group has implemented world-class workforce management solutions for companies such as Taco Bell, Follett Educational Services, Costco Wholesale, Lifespan,Visiting Nurse Service of New York, International Paper, JB Hunt, Bank of America, La Senza, Rock-Tenn and American Standard. For more information, visit http://www.axsiumgroup.com/WorkforceManagement.html.