Solectron expands relationship with Kronos(R) to manage global workforce
Mar 20, 2007
Based on its successful, long-time relationship with Kronos(R) Incorporated (Nasdaq: KRON), Solectron Corporation will roll out Kronos for Manufacturing to its more than 60,000 employees around the globe. Solectron, a leading provider of electronics manufacturing and integrated supply chain services, will use Kronos in its European, Asian, and North American locations. The use of Kronos will allow Solectron to centralize and standardize its time and labor processes, improve labor analysis and reporting, and empower the organization to most effectively manage compliance with labor laws.
"Our decision to continue our relationship was based on the benefits we have already achieved with Kronos, which has enabled us to manage the complexity and diversity of our global operation," said Warren Ligan, chief accounting officer at Solectron. "We have no doubt that Kronos is going to enable us to improve operational functional excellence and performance management by allowing us to capture real-time labor data and analyze it in a variety of different ways."
Benefits of centralization and standardization
Solectron will experience a myriad of benefits by automating its workforce management processes with the use of Kronos for Manufacturing. The automation will allow the organization to better manage labor resources through automated time and attendance as well as increased payroll efficiency and accuracy. It also will provide the organization with real-time visibility into labor data resulting in improved decision making and reduced labor costs. In addition, Kronos for Manufacturing will help Solectron minimize the time, resources, and risk associated with managing compliance. The solution will provide the organization with a central system to manage all work and pay issues consistently as well as audits and controls to achieve customer contractual workforce requirements.
Expertise in manufacturing
Kronos for Manufacturing is a comprehensive offering of software and services designed to improve business productivity and profitability, increase resource utilization, and ensure compliance. This comprehensive, integrated suite addresses the challenges of managing the workforce in manufacturing with applications including 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 deliver deep domain knowledge and industry best practices, which are critical to the successful implementation of continuous improvement projects such as Lean and Six Sigma.
"In a global market, manufacturers require a flexible and scalable solution that can help them drive productivity and achieve operational excellence in all of their locations," said Gregg Gordon, global practice leader for manufacturing at Kronos. "Meeting this requirement, Kronos for Manufacturing will allow Solectron to quickly begin experiencing the benefits of the workforce management solution including increased visibility into labor. This will ensure the organization is maximizing Lean practices around the world."
Kronos made this announcement from the Society for Human Resource Management (SHRM) Global Forum Conference being held March 19-21, 2007 in Los Angeles.