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Manpower Capacity Planning (MCP) is a process that is used in recruitment processes and it helps an organization to evaluate the manpower resources. MCP not only evaluates the manpower resources but also acts as a basis for increasing productivity. This, in turn, results in improved employee relations and improved company efficiency.
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Manpower Capacity Planning and the related processes help an organization to plan the capital expenditure. It is used by companies to decide on different aspects of their budgeting and financing. MCP can also be used to find a reliable source of employees for specific jobs and this would help an organization to grow at its optimum level.
Manpower Capacity Planning can be used to plan the workforce. The most important feature of this method is that it helps an organization to estimate the number of employees who can be easily available for any given period. The presence of this method not only ensures that there are adequate numbers of employees but also allows management to plan the new recruitment process.
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Various areas are considered to help in the estimation of the workforce. One of the major components of MCP is the applicant tracking system. The major role played by the applicant tracking system is that it helps the organization to identify the right candidate and also the right fit of the job. The application tracking system is also known as the candidate matching system.
Applicant tracking is a method that finds the applicants matching the requirements of the organization. There are different methods to find the appropriate candidates. One of the major benefits of applying with MCP is that it helps the organization to focus on the right candidate. It also provides the employee organization with good data about its working employees.
Workforce Capacity Planning Spreadsheet Elegant Resource Planning from manpower capacity planning excel template , source:mylq.org
Other methods of using MCP include conducting interviews, matching the candidate with the job, comparing the present talent pool with the previous ones and selecting the right candidate. All these methods are widely used by organizations in the evaluation of the workforce. To increase the efficiency of the workforce and to find the right candidates faster, the company has to employ a skilled workforce. According to experts, there is no better way to improve the efficiency of the workforce than by increasing the applicant tracking system.
The module of Manpower Capacity Planning that is most important is the applicant tracking system. The applicant tracking system helps in matching the applicants with the job. It also helps in evaluating the existing manpower pool and in choosing the appropriate candidate. The applicant tracking system helps in finding the appropriate candidate and also to make sure that there are proper reasons for the shift of a certain candidate.
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The last component of MCP is the resource allocation strategy. The resource allocation strategy is a process that is commonly used by companies to improve their operational efficiency. The resource allocation strategy allows organizations to increase the efficiency of the workforce and find the right candidates at a very low cost.