Creating a successful Pay for Performance program is both art and science. We have designed and implemented PFP programs for over 20 years and have learned the hard way what works and what doesn’t work. Here are the fundamental building blocks for any successful program, as well as a few pitfalls to watch out for. […]
At one of my prior companies (Integrated Management Systems), we used Pay for Performance (PFP) extensively to motivate employees and drive productivity substantially higher. We have worked with PFP for over 20 years and have seen both big successes and big failures with it. We like to look at pay for performance as nuclear fuel. […]
The datafication of supply chain operations creates a strong need for analytics that can make sense of all of that data. When you break down analytics conceptually, they fall into 3 categories: Descriptive, Prescriptive and Predictive. Descriptive Analytics: Looks at historical information and answers the question “What has happened?” Prescriptive Analytics: Looks at historical information […]
The Easy Metrics team returned from this year’s Modex in Atlanta very excited about the transformation taking place in the Supply Chain industry. The datafication of the supply chain is firmly under way which opens up tremendous opportunities as well as competitive challenges. It has been our thesis since we started the company that the […]
A recent article was published in a UK paper about an Amazon Distribution Center. One of the paragraphs in the article highlighted the importance of multiple metric labor standards: Employees can be seen walking up and down conveyor belts rattling boxes before cherry picking ones full of smaller items to meet their quota. A colleague […]
An in-depth discussion on using data to derive labor standards versus the traditional method of industrial engineered standards. This interview discusses the pros and cons of each method and the optimal way of developing labor standards.