The SWP offering from Oracle is more geared towards the HR users. It acts as a collaborative platform between Finance, HR and Executive leadership team. There are two main modules within SWP offering — Head Count Planning and Labor Cost Planning. I will be focusing more on the Head Count Planning module of SWP in this article.
Labor cost planning is the same offering as what we have in Planning (Workforce Planning module).
Typical Workflow
Executive leadership team decides the long term goals. It could be net new expansion or developing a new product or entering a new market etc. Based on these goals the HR organization analyzes the current workforce from different angles:
- Demand : What is the demand for critical jobs to meet our strategic goals
- Supply : How does supply look like for the next few years
- Skills : Do we have enough resources with the necessary skills to achieve the strategic goals
Once you look at the above data you can become more proactive and not reactive. You are ahead of the game.
Demand Planning
Demand planning is performed using Demand Drivers. You have the flexibility to define and configure the drivers that are relevant to your…
