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Vertex Engineering: Workforce Planning for Manufacturing Excellence

2533

Industry

Manufacturing

Challenge

Vertex Engineering needed to manage contingent staff, optimize recruiting costs, understand turnover expenses, and achieve increased growth without significant operational cost increases.

Results

By implementing LYTIQS' integrated workforce planning solution, Vertex Engineering reduced turnover costs, increased internal promotions by 25%, streamlined contingent staffing, cut recruiting expenses by 20%, and accelerated decision-making with faster reporting.

Key Product

Turnover Analysis, Career Path Development, Forecasting Tools, Streamlined Reporting

1.5x salary
Turnover Cost Reduction
25%
Increase in Internal Promotions
20%
Recruiting Cost Savings
35%
Savings per Internal Hire

The LYTIQS solution has significantly cut our turnover costs and boosted internal mobility, allowing us to grow efficiently without increasing operational expenses.

VP of HR

Vertex Engineering

Private Edge (6)

About Vertex Engineering

Vertex Engineering is a leading manufacturing firm with 10,000 employees. The company faced challenges in workforce planning, including high turnover costs, reliance on external hires, and the need for efficient operational growth.

The Challenge

Vertex Engineering needed to manage contingent staff effectively, optimize recruiting costs, understand the financial impact of turnover, and achieve increased growth without substantial operational cost increases. Relying heavily on costly external hires and experiencing high turnover rates, the company sought a solution to streamline their workforce practices and enhance internal mobility.

The Solution

Vertex Engineering discovered LYTIQS' advanced workforce planning solution, which offered comprehensive tools such as turnover analysis, career path development, forecasting, and streamlined reporting capabilities. After evaluating several options, Vertex chose LYTIQS for its robust features and proven track record. 'The LYTIQS solution has significantly cut our turnover costs and boosted internal mobility, allowing us to grow efficiently without increasing operational expenses,' said the VP of HR at Vertex Engineering. Implementing LYTIQS enabled Vertex to enhance internal mobility, optimize staffing, and make data-driven decisions.

The Results

After adopting LYTIQS, Vertex Engineering saw substantial improvements in their workforce management. Turnover costs were reduced by 1.5x the salary, internal promotions increased by 25%, and reliance on external hires decreased. Recruiting expenses for temporary staff were cut by 20%, while maintaining top talent quality.

Additionally, the company experienced faster and more streamlined reporting, accelerating decision-making processes. These results demonstrate the powerful impact of LYTIQS' integrated workforce planning solution on Vertex Engineering's operational efficiency and growth.

 

 

While this case study is a hypothetical scenario, it highlights the types of challenges LYTIQS can help solve for engineering firms facing similar workforce planning and operational complexities.

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