Budget & Capacity Modelling
What is this?
The process of budget creation, called budget modelling, consists of management estimation of future costs and revenues. Capacity planning is the process of determining the production capacity needed by an organisation to meet changing demands.
How does this work?
The budget model is itemised and is updated as more information is known. A discrepancy between the capacity of an organisation and the demands of its customers results in loss, either by under-utilised resources or unfulfilled customers.
What benefits does this offer?
Increase stability of the service delivery
Better insight on efficiency
Increase continuous improvement/learning loop
Better control over the operations
Drive proactive decision-making
Want to know more? Get in touch!
Speak to a specialist in workforce management solutions. We unlock potential.