Overview of BiznusSoft Field Service

Workforce analytics is a software and methodology combo that uses statistical models to worker-related data to help business leaders optimize human resource management (HRM). Workforce analytics is a subset of people analytics, which is sometimes known as HR analytics. Workforce analytics is a broad word that relates to all aspects of hiring and managing personnel, whereas workforce analytics is frequently more strictly focused on workforce-planning difficulties. Like many other parts of HR, the theories underpinning workforce analytics have altered dramatically as a result of technological advancements that provide significantly more insight into employee data. In this regard, current workforce analytics goes deeper, has more clout, and is more visually appealing than prior iterations.

The process of procuring, maintaining, utilizing, and distributing a company's inventory is referred to as inventory management. This comprises the storage and processing of raw materials, components, and finished goods and the administration of raw materials, components, and final products. Balancing the hazards of inventory gluts and shortages is especially difficult for organizations with complicated supply chains and manufacturing processes. To achieve these balances (MRP), firms have developed many inventory management strategies, including just-in-time (JIT) and materials requirement planning, to achieve these balances (MRP). Because a corporation typically wants to sell its finished goods within a short time, typically a year, inventory represents a current asset. Before inventory can be included in a balance sheet, it must be physically counted or measured.