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The Hidden 23% Driving Up Your Labor Spend

Missed labor forecasts don’t just lead to overtime. They increase per-unit costs, reduce throughput, and quickly burn through your labor budget.

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By LM Staff ·

Missed labor forecasts don’t just lead to overtime. They increase per-unit costs, reduce throughput, and quickly burn through your labor budget. Conventional forecasting models often overlook critical factors like workflow changes, indirect time, and unscanned hours.Most teams only recognize the mismatch once KPIs slip or costs start to spike.

The Hidden Cost of Inaccurate Labor Forecasting shows how high-performing operations teams maintain accurate forecasts, even in complex and variable environments. With better visibility, they’re able to:

  • Cut overtime and boost throughput by up to 9%
  • Predict staffing needs based on product mix and volume shifts
  • Identify and control missing time before it reaches 20%
  • Align Ops, Finance, and HR around cost-accountable plans

Download the guide to learn how better forecasting reduces labor spend and improves operational control.

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