How organisations can keep up with the pressures and opportunities of Industry 4.0
Why is there so much hype surrounding Industry 4.0?
Industry 4.0 otherwise known as the fourth industrial revolution is impacting almost every industry worldwide and will completely change the way manufacturing organisations operate.
It takes automation to the next level, with the emergence of the “smart factory” where IT systems oversee the production of materials. Smart factories are equipped to monitor progress and make decisions to ensure maximum productivity, using real-time data.
While organisations are embracing the use of technology to support performance, those that refuse to change risk being left behind.
So how can organisations keep up with the pressures and opportunities of Industry 4.0?
Mitrefinch Workforce Management Solutions provide a cost-effective and time-saving route to better business efficiency, reducing costs, increasing productivity and gaining greater operational control.
When it comes to managing the workforce, Industry 4.0 will drive even more need to incorporate integrated workforce management solutions that mobilise workforces effectively:
Time and Attendance systems
Having full visibility and managing your workforce in an efficient, fast and smart way can significantly improve profits and productivity, helping you remain competitive in an Industry 4.0 world.
Labour costing
Keeping operating costs in check through the efficient use of labour and ensuring the maximum task allocation during a shift day are critical factors for organisational control. Mitrefinch’s labour costing system allows you to plan daily and weekly tasks across multiple cost centres, compare planned tasks and budgets with those already achieved, and track projects by hours, quantity, or cost.
Absence management
A sick day here and there may not seem like much, but the disruption it generates can be widespread. Mitrefinch’s software can quickly determine the impact that employee attendance has on your bottom line, simplify the way your business handles absences, and yield better insights into absenteeism.
HR Management software
People are the most expensive and important asset in a business. Organisations need to be able to easily manage HR administration, and provide accurate employee records.
Rostering
Managing the contracted hours of staff in a cost-effective and fully-compliant fashion can be a complicated and time-consuming task, especially if you operate a flexi-time policy. Mitrefinch’s software automates this workforce management task for you – keeping your operating costs as low as possible.
The above points are particularly significant given more workers than ever are working from home, at various sites during the day, or even while travelling.
Consequently, Mitrefinch solutions are fully mobile, making life easier for supervisors and employees to complete a wide range of work-related and administrative tasks from any location, at any time.
Mitrefinch solutions are also fully customisable to accommodate the working patterns and work rules of your organisation, supporting flexi-time and shift work across multiple sites and pay centres.
Their solutions provide the necessary automation that can act as the first step on the road to implementing smart factories, ensuring workforces aren’t left behind.
To find out more about Mitrefinch, click here.
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