Company: Tek Leaders Inc
Company Description: Tek Leaders is a Dallas-based fast growing, global, innovative IT Solutions company specializing in IT Staffing, Digital Transformation and Managed Services to our clients. We support our clients to create and execute strategies for IT transformation and Businesses. Our core capabilities includes cloud services, application development, knowledge management and business process management.
Nomination Category: New Product & Service Categories - Technology Solutions
Nomination Sub Category: Work Management Platform
 Nomination Title: Tek Leaders' Workforce Optimization
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
This is a brand-new solution, and the solution went live in October 2023.
Disclaimer: This project was implemented for a Federal Defense contractor in the USA. We do not have permission to disclose the organization's name.
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 182 words used.
Our client, a leading defense contractor, faced a critical challenge of managing 1400 different projects with 1300 engineers available and 60% of their engineers having 50% of their schedules unfilled, leading to inefficiencies and high costs. The company sought to automate the process of matching engineers to projects based on their skill sets, security clearance, and location. Additionally, project timelines were continuously changing, necessitating a solution that could provide real-time updates every two hours. The goal was to offer project managers seven suitable engineer options for each task, factoring in budget constraints and geographical proximity.
Key Features:
- Automatic matching of engineers to projects considering multiple variables (skills, security, and location).
- Real-time updates every two hours to keep up with dynamic project timelines.
- Data Visualization: Integration with Power BI provides project managers with a transparent view of resource availability and project status.
Benefits:
- Substantial cost savings by optimizing engineer schedules.
- Increased efficiency, reducing task allocation time for project managers by 4 hours daily.
- Improved decision-making with real-time access to project statuses.
- Scalability and customization tailored to the client’s needs, adaptable for future projects.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 217 words used.
Impact: The workforce optimization solution developed by Tek Leaders has proven to be a significant success for the client.By addressing critical inefficiencies in resource allocation, the solution optimized more than 10,000 man-hours in a single quarter, resulting in cost savings estimated at approximately $15 to $20 million, given an average hourly cost of $150-$200 per hour. This outcome led to a substantial reduction in unfilled schedules and more efficient project management, significantly enhancing overall operational efficiency.
Market Performance and Customer Satisfaction: The solution surpassed expectations, streamlining the allocation of engineers to projects and providing reliable real-time updates for project managers. This improvement facilitated better forecasting and resource utilization, contributing to heightened productivity across the organization.
Critical Reception: The integration with Power BI equipped project managers with transparent, real-time insights into project status and resource availability, greatly enhancing decision-making processes. The algorithm’s scalability and customization ensure its adaptability to future requirements, highlighting its long-term value.
Testimonial by CIO: “Our organization experienced remarkable improvements thanks to Tek Leaders’ workforce optimization solution. Not only did it save us $15 to $20 million in costs, but it also optimized over 10,000 man-hours, allowing us to reallocate time and resources more effectively. The transparency and efficiency gains have enabled us to focus on strategic priorities, ensuring sustained benefits.”
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 30 words used.
https://tekleaders.com/workforce-optimization-a-case-study-in-streamlining-resource-allocation-and-cost-savings/
https://tekleaders.com/wp-content/uploads/2024/11/Workforce-Optimazation.pdf
Disclaimer: This project was implemented for a Federal Defense contractor in the USA. We do not have permission to disclose the organization's name.
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