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Example of a Variable Labor Budget Model for Hospitality Companies

What is a Variable Labor Budget Model?

Variable Labor Budget Models are considered planning and forecasting tools and are used by budget managers and department heads to capture wages by position. Some of the main functionality in this type of input form is that it is uses drivers (typically from an assumptions template) like hourly rates, max/min hours and room occupancy to calculate the labor expenses. You find an example of this type of input form below.

Purpose of Variable Labor Budget Models

Hospitality companies use Variable Labor Budget Models to automate the capturing of detailed labor budgets by department and business unit. When used as part of good business practices in FP&A departments, a company can improve its budget accuracy, and it can reduce the chances that labor expenses are over- or under estimated.

Example of a Variable Labor Budget Model

Here is an example of a departmental input form for Variable Labor Wages.

Example of a Variable Labor Budget Model for Hospitality Companies

Example of a Variable Labor Budget Model for Hospitality Companies

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: Budget managers, HR managers, department heads.

Other Reports Often Used in Conjunction with Variable Labor Budget Models

Progressive FP&A departments sometimes use several different Variable Labor Budget Models, along with Employee payroll budgets, human capital planning models, profit & loss budgets, historical financial statements, budget analysis dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Variable Labor Budget Assumptions Model for Hospitality Companies

What is a Variable Labor Budget Assumptions Model?

Variable Labor Models are considered planning and forecasting tools and are used by budget managers and HR leaders to automate employee budgets with drivers for wages and benefits. Some of the main functionality in this type of input form is that it is parameter driven and can be populated by business entity, department and position type. Examples of assumptions that can be entered are: Minimum hours, Wage rates, Timing of annual increase, Increment threshold, Productivity ratio, and Maximum hours. You find an example of this type of input form below.

Purpose of Variable Labor Assumption Models

Hospitality companies use Variable Labor Assumption Models to provide a dynamic way to capture drivers of labor costs and automate human capital modelling. When used as part of good business practices in FP&A departments, a company can improve its budget process and speed, and it can reduce the chances that budgets are inaccurate due to hardcoded wages and assumptions.

Example of a Variable Labor Assumption Model

Here is an example of a Variable Labor Assumption Input Form with various drivers.

Example of a Variable Labor Budget Assumptions Model for Hospitality Companies

Example of a Variable Labor Budget Assumptions Model for Hospitality Companies

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: Budget managers, HR managers, department heads.

Other Reports Often Used in Conjunction with Variable Labor Assumption Models

Progressive FP&A departments sometimes use several different Variable Labor Assumption Models, along with Employee payroll budgets, human capital planning models, profit & loss budgets, historical financial statements, budget analysis dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Safety Dashboard for Manufacturing Companies

What is a Safety Dashboard for Manufacturing Companies?

Safety-focused Dashboards are considered incident analysis tools and are used by Executives and Safety Managers to monitor safety-related metrics and trends. Some of the main functionality in this type of dashboard is that it provides KPIs and graphical trend analysis that can be viewed for different years and plants. The dashboard includes: 1) Monthly incident trend per employee per plant compared to the company (all plants) average, 2) Total number of monthly incidents and near incidents, 3) Incident avoidance quiz score versus company-wide score, 4) Metrics by plant with average number of employees, safety incidents reported, near incidents reported and incidents per employee (FTE), and 5) Metrics by month with headcount, safety incidents reported, near incidents reported, incidents per employee and incident avoidance quiz score. You find an example of this type of dashboard below.

Purpose of Safety Dashboards

Manufacturing companies use Safety Dashboards to analyze and improve safety at their plants. This includes benchmarking across plants. When used as part of good business practices in HR and operations departments, an organization can improve and speed up its safety records and workplace reputation, and it can reduce the chances that plant operations are disrupted due to safety-related issues.

Example of a Safety Dashboard

Here is an example of A Safety Dashboard for a manufacturing company.

Example of a Safety Dashboard for Manufacturing Companies

Example of a Safety Dashboard for Manufacturing Companies

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Executives, analysts, plant managers, production managers, safety officers, HR managers.

Other Reports Often Used in Conjunction with Safety Dashboards

Progressive HR and operations departments sometimes use several different Safety Dashboards, along with incident reports, safety reports, HR reports, budget models with safety targets, human capital planning models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Labor Productivity Dashboard for a Manufacturing Company

What is a Labor Productivity Dashboard?

Labor productivity dashboards are considered efficiency analysis tools and are used by Plant- and Production Managers to analyze headcount and related costs and productivity. Some of the main functionality in this type of dashboard is that it gives the user four angles of analysis, including: 1) Plant headcount and total headcount – monthly trend, 2) Average direct labor cost per employee (for the selected plant) for all plants – monthly trend, 3) Monthly metrics for headcount, total direct costs, average cost per FTE, productivity, separations, turnover rates, and 4) Direct labor productivity versus company average – monthly trend. The user can select year and plant from the top of the dashboard. You find an example of this type of dashboard below.

Purpose of Labor Productivity Dashboards

Manufacturing companies use Labor Productivity Dashboards to monitor trends in headcount, labor costs and productivity. When used as part of good business practices in Financial Planning & Analysis (FP&A), HR and operations departments, an organization can improve its revenues and margins, and it can reduce the chances that managers miss important efficiency trends or outliers.

Example of a Labor Productivity Dashboard

Here is an example of a Labor Productivity Dashboard with trends in headcount, costs and productivity.

Example of a Labor Productivity Dashboard for a Manufacturing Company

Example of a Labor Productivity Dashboard for a Manufacturing Company

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Executives, analysts, plant managers, production managers, HR managers.

Other Reports Often Used in Conjunction with Labor Productivity Dashboards

Progressive Financial Planning & Analysis (FP&A), HR and operations departments sometimes use several different Labor Productivity Dashboards, along with efficiency reports, profitability dashboards, human capital planning, HR reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Direct Labor Safety Record Dashboard for a Manufacturing Company

What is a Direct Labor Safety Record Dashboard?

Safety record dashboards are considered operational analysis reports and are used by safety and plant managers to monitor manufacturing safety metrics. Some of the main functionality in this type of dashboard is that it shows monthly trends for three KPIs: 1) Incidents reported, 2) Near incidents reported, and 3) Incidence avoidance quiz score. At the bottom of the dashboard (not visible in the screenshot below) is a report with the figures used in the charts. You find an example of this type of dashboard below.

Purpose of Direct Labor Safety KPIs Dashboard

Manufacturers use Direct Labor Safety KPIs Dashboard to analyze safety and accident metrics that can improve the well-being of plant workers. When used as part of good business practices in a HR and Safety departments department, a company can improve its workers’ well-being with related positive impact on culture and performance as well as reduce the chances that executives don’t have good visibility to accidents and associated safety concerns that can detract from performance focus and competitiveness.

Direct Labor Safety KPIs Dashboard Example

Here is an example of a Direct Labor Safety Records Dashboard with monthly trends in KPIs related to incident tracking.

Example of a Direct Labor Safety Record Dashboard for a Manufacturing Company

Example of a Direct Labor Safety Record Dashboard for a Manufacturing Company

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Plant managers, HR managers, safety managers and executives.

Other Dashboards Often Used in Conjunction with Direct Labor Safety KPIs Dashboard

Progressive HR and Safety departments sometimes use several different Direct Labor Safety KPIs Dashboard, along with general detailed incident reports, safety dashboards, workforce dashboards, workforce planning models, safety investment budgets and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Direct Labor Turnover Dashboard for a Manufacturing Company

What is a Direct Labor Turnover Dashboard ?

Employee turnover reports are considered workforce analysis tools and are used by human resource (HR) and plant managers to monitor key metrics for their direct labor teams. Some of the main functionality in this type of dashboard report is that it provides graphical workforce analysis of monthly trends as well as KPI benchmarking across plants. The three charts on the top shows: 1) Employee headcount trend, 2) Employee separations trend, 3) Employee turnover rate trend. The three charts on the bottom displays: 1) Employee headcount by plant, 2) Employee separations by plant, 3) Employee turnover rate by plant. At the bottom of the report (not visible in the example) you find a report with the figures used in the charts. You find an example of this type of dashboard report below.

Purpose of Direct Labor Turnover Dashboards

Manufacturers use Direct Labor Turnover Dashboards to easily monitor turnover metrics for their direct labor workforce. When used as part of good business practices in a HR department department, a company can improve its margins and efficiency as well as reduce the chances that executives don’t have good visibility to employee retention which can lead to higher costs and ultimately lower profitability.

Direct Labor Turnover Dashboard Example

Here is an example of a Direct Labor Turnover Dashboard with trend and plant comparison KPIs.

Example of a Direct Labor Turnover Dashboard for a Manufacturing Company

Example of a Direct Labor Turnover Dashboard for a Manufacturing Company

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Plant managers, HR managers and executives.

Other Dashboard reports Often Used in Conjunction with Direct Labor Turnover Dashboards

Progressive HR department departments sometimes use several different Direct Labor Turnover Dashboards, along with general detailed HR transaction reports, workforce dashboards, workforce planning models, salary budgets and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Direct Labor Productivity Dashboard for a Manufacturing Company

What is a Direct Labor Productivity Dashboard?

Labor productivity dashboards are considered efficiency analysis tools and are used by production- and plant managers to analyze monthly trends in labor productivity as well as for benchmarking between plants. Some of the main functionality in this type of dashboard report is that it can be executed for any month and will dynamically display periods and plants across the two charts. The bottom of the report (not visible in the example below) shows a table with the figures for the charts. The top chart shows the monthly trend in labor productivity and the bottom chart compares productivity across all plants. You find an example of this type of dashboard report below.

Purpose of Labor Productivity Dashboards

Manufacturers use Labor Productivity Dashboards to help managers track productivity numbers in order to quickly react if there are any discrepancies. When used as part of good business practices in a Production department, a company can improve its manufacturing output and margins as well as reduce the chances that executives don’t have good visibility to the efficiency issues are discovered later than necessary.

Labor Productivity Dashboard Example

Here is an example of a Labor Productivity Dashboard to monthly trend and comparison between plants.

This example shows a Direct Labor Productivity Dashboard, which helps managers improve decisions related to trends in efficiency and related comparisons across plants. 100s of additional templates are available through the link below.

This example shows a Direct Labor Productivity Dashboard, which helps managers improve decisions related to trends in efficiency and related comparisons across plants. 100s of additional templates are available through the link below.

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Production  managers, plant managers.

Other Dashboard reports Often Used in Conjunction with Labor Productivity Dashboards

Progressive Production departments sometimes use several different Labor Productivity Dashboards, along with general headcount and payroll reports, detailed efficiency and productivity reports, manufacturing process dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Labor Forecast for a Manufacturing Plant Example

What is a Labor Forecast for a Manufacturing Plant?

Labor forecasts are considered employee expense models and are often used by plant managers and budget analysts to estimate detailed labor expenses for the remaining periods of the year. Key functionality in this type of planning template displays year-to-date salary expenses by employee and provides input for the remaining months of the year. Expected new employees can be added at the bottom of the form. The top portion contains charts that give an simple visual analysis of the resulting labor expense forecast. You will find an example of this type of planning template below.

Purpose of Labor Forecasts

Manufacturing companies use Labor Forecasts to get a detailed estimate of expected employee expenses per plant for the year. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its workforce planning and profit estimates, as well as, reduce the chances that managers lack insight into labor expenses and related outcomes with the plant.

Labor Forecast Example

Here is an example of a Labor Forecast for a manufacturing plant.

Labor Forecast for a Manufacturing Plant Example

Labor Forecast for a Manufacturing Plant Example

You can find hundreds of additional examples here.

Who Uses This Type of Planning Template?

The typical users of this type of planning template are: CFOs, plant managers, budget managers.

Other Planning Templates Often Used in Conjunction with Labor Forecasts

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Labor Forecasts, along with revenue forms, capex, other operating expense forms and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples