(Kronos: Chelmsford, Massachusetts) -- Kronos Inc. has announced a new key performance indicator (KPI) that allows manufacturers to measure the effectiveness of their workforce. This new KPI, overall labor effectiveness (OLE), measures the utilization, performance, and quality of the workforce and its effect on productive output. Kronos for Manufacturing is a comprehensive offering of software and services designed to improve business productivity and profitability, increase resource utilization, and improve compliance. The integrated suite addresses workforce management in manufacturing with solutions for time and attendance, scheduling, absence management, analytics, labor tracking, and shop-floor data collection. The solution is supported by a focused team of manufacturing experts who specialize in domain knowledge and industry best practices, as they apply to the implementation of continuous improvement projects such as lean and Six Sigma.

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