What does 'Workforce Planning' mean?

Workforce planning is an essential feature of any software that enables businesses to strategically manage their workforce for optimal productivity and efficiency. It is the process of evaluating the current and future staffing needs of an organization and developing a plan to meet those needs. The software feature of workforce planning offers a comprehensive platform for HR managers to analyze the workforce data and make informed decisions. It allows businesses to forecast the demand and supply of talent, identify skills gaps, and plan for workforce expansion or reduction. One of the major benefits