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2 min read

The One Stop Shop for Your Labor Needs

By Adam Rubatt on May 12, 2020 9:47:01 AM

“Everybody has a plan until they get punched in the mouth”.  I bet you didn’t think I could fit a quote from Mike Tyson into a blog about labor planning.  But the truth is, this quote really hits home for me when it comes to designing labor models and demand forecasting.  

Topics: On-Demand Labor Labor Intelligence Flexible Capacity
2 min read

Right Tool for the Job

By Nick Parrish on Apr 30, 2020 9:31:38 AM

What's in your toolkit?

Have you ever tried to fix something that required a tool or a part, but once you had the tool, you still couldn’t solve the problem?  I’m flashing back to trips between my house and the hardware store, after getting home and via trial and error, realizing I needed a different size, different brand, or different tool altogether.  

Topics: On-Demand Labor Labor Intelligence Flexible Capacity Labor Pool Marketplace for Labor
2 min read

The True Cost of Hourly Labor

By Carter Stanley on Jan 7, 2020 11:06:46 AM

I spent the early part of my career in Corporate Finance for many recognizable names in consumer goods manufacturing, and no matter how sophisticated the financial reporting system was, figuring out what hourly labor truly cost was always quite an exercise. If answering this seemingly simple question is difficult for a large Fortune 100 company to answer, it is not surprising that many of the businesses I talk to on a weekly basis simply are not educated on the true cost of their “$10/HR” labor.

Topics: On-Demand Labor Better Workforce Labor Intelligence Next Generation Workforce Digital Manufacturing On-Demand Technology Veryable Marketplace for Labor labor cost
2 min read

Higher Demands in Manufacturing

By Mike Kinder on Sep 6, 2018 4:08:00 PM

THE NEW MANUFACTURING ENVIRONMENT 

At Veryable, we refer to it as "The Amazon Effect."  If you own or operate a manufacturing business today, you may not be familiar with this phrase but you are most likely experiencing its impact.  The Amazon Effect alludes to the rapid increase in customer expectations across all industries and sectors: short lead times, high on-time delivery, customized products and services, shorter product life cycles, and personalized customer service.  In short, having a custom product on your doorstep within days is the new bar for customer expectations.

Topics: Labor Intelligence
2 min read

Low unemployment, seasonal hiring, and your business

By Matt Horine on Aug 27, 2018 4:05:00 AM

A BOOMING ECONOMY AND SEASONAL LABOR

The US economy continues to roar – unemployment, currently at 3.9%, is at a 15-year low. Strong performance from the retail sector indicates a surge in an industry that’s had a tough decade – with some commenting that retail is entering a “renaissance” era. As consumers continue to be optimistic (a 17-year high), logistics and distribution companies will face constraints that have not been present in the market for more than a decade.

Topics: Labor Intelligence
4 min read

Time for an Honest Conversation about Manufacturing Jobs

By Mike Kinder on Nov 14, 2016 4:07:00 PM

In the wake of the presidential election, there has been a lot of talk about the loss of U.S. manufacturing jobs and how to bring them back.  The issue is heavily politicized so it is nearly impossible to hear an honest and factual discussion from politicians or the media.  You will often hear these groups offer explanations referencing the effects trade deals, taxes, and automation – while these factors have had an impact, they are not the main culprit.

Topics: Labor Intelligence
3 min read

U.S. Manufacturing Boom?

By Mike Kinder on Oct 25, 2016 4:47:00 AM

CNN produced a nice summary of the current state of U.S. manufacturing in light of some recent comments coming out of the presidential race.  The article succinctly points out that U.S. manufacturing sector is achieving record levels of output across many sectors, while at the same time, Donald Trump contends that “we don’t make our product anymore.”  Can they both be right?

Topics: Labor Intelligence