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Boosting Efficiency and Minimizing Overtime Costs: The Veryable Way

By
Shane Stewart
January 11, 2024
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For many manufacturers and logistics companies, keeping their operations running smoothly while avoiding high labor costs can be a challenging task. Unfortunately, as demand for products or services increases, companies often face the dilemma of either hiring more workers or asking their existing workforce to put in long hours of overtime. Both options can be expensive, and neither is guaranteed to satisfy the needs of the business. However, Veryable's on-demand labor platform offers a flexible third option that can reduce overtime costs and improve efficiency. In this blog post, we'll explore how companies who use Veryable's platform have been able to achieve these benefits.

A Success Story from Core-Mark

One success story comes from the Core-Mark Tampa facility. They faced a tight deadline with sales volumes 27% higher than planned and needed to increase output quickly. Thanks to Veryable's on-demand labor platform, they were able to find workers fast and increase operational flexibility. Through utilizing on-demand labor, the company avoided late dispatches and maintained high rates of on-time delivery. It resulted in a 10% improvement in on-time dispatch and a 15% reduction in overtime, ultimately achieving the desired output quickly.

Achieving Scaling Efficiency: Scentsational Soaps & Candles

Another example comes from Scentsational Soaps & Candles. They faced the challenge of responding proactively to evolving demands while maintaining their competitive edge. They consistently scaled their workforce up or down as needed using Veryable's on-demand labor model, resulting in a 28% increase in productivity and a 15% reduction in labor costs. They were able to scale production based on the order volume, resulting in a prompt delivery and cost savings.

Gold Coast Eagle's Journey to Operational Flexibility

Gold Coast Eagle is another example of how Veryable's on-demand labor model helped reduce overtime costs and improve on-time deliveries. The company faced a lack of operational flexibility and drowning in overtime costs. However, with Veryable, they built their labor pool with on-demand workers, which allowed them to scale their capacity instantly when required. Ultimately, they reduced overtime drastically and improved on-time deliveries.

ShineOn's Seasonal Demand Management

ShineOn, on the other hand, faced seasonal fluctuations in customer demand and needed a flexible workforce. Veryable's on-demand labor model allowed them to ramp up and down production based on order volume, resulting in cost savings and prompt delivery. They significantly reduced overtime costs by almost $300,000 and achieved an overall reduction of approximately 15% in labor expenses.

The Transformative Power of Veryable's On-Demand Labor Platform

Veryable's on-demand labor platform offers businesses another option to reduce overtime costs and improve efficiency while maintaining operational flexibility. Businesses can avoid expensive hiring by using the platform's labor pool, responding immediately to changes in demands, and utilizing a skilled and experienced workforce. By implementing the model, employers can reduce costs, improve efficiencies and enhance their operational agility. Based on the examples above, it's evident that Veryable's on-demand labor platform is a valuable tool for businesses looking to scale quickly and efficiently while keeping costs low.

For more detailed understanding, feel free to explore the individual case studies:

Core-Mark Tampa

Scentsational Soaps & Candles

Gold Coast Eagle

ShineOn

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Shane Stewart

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