Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. In the context of capacity planning, design capacity is the maximum amount of work that an organization is capable of completing in a given period. Effective capacity is the maximum amount of work that an organization is capable of completing in a given period due to constraints such as quality problems, delays, material handling, etc.
The phrase is also used in business computing and information technology as a synonym for capacity management. IT capacity planning involves estimating the storage, computer hardware, software, and connection infrastructure resources required over some future period of time. A common concern of enterprises is whether the required resources are in place to handle an increase in users or the number of interactions. Capacity management is concerned and adding central processing units (CPUs), memory, and storage to a physical or virtual server. This has been the traditional and vertical way of scaling up web applications, however, IT capacity planning has been developed with the goal of forecasting the requirements for this vertical scaling approach.
A discrepancy between the capacity of an organization and the demands of its customers results in inefficiency, either in under-utilized resources or unfulfilled customer demand. The goal of capacity planning is to minimize this discrepancy. Demand for an organization’s capacity varies based on changes in production output, such as increasing or decreasing the production quantity of an existing product or producing new products. Better utilization of existing capacity can be accomplished through improvements in overall equipment effectiveness (OEE). Capacity can be increased through introducing new techniques, equipment, and materials, increasing the number of workers or machines, increasing the number of shifts, or acquiring additional production facilities.
What Will You Learn?
- GWFM Course offers peer learning and practical sessions with business cases :
- 1)Understand Fundamentals of Capacity Planning
- 2)Understanding the Business Requirement for long term and short term
- 3)Prediction of Key Metrics like Call Volume, AHT, Shrinkage, Attrition & Productivity
- 4)HC Strategy and planning methods
- 5) Learn and practice Talent Capability Building
- 6)Map the availability of HC in Various Stages including GIG Talents
- 7)Managing Overstaffing / Understaffing / Raising Service Order
- 8)Factors Impacting Capacity
- 9)Tracking of Key Planning Metrics
- 10)Aligning Operations Plan with Financial Planning
- 11) Learn the best practices in Capacity planning and tool
- 12) Peer Learning with other WFM Planners and Experts - exchange views and thoughts followed by Q&A
Getting started with Basics of WFM Capacity Planning course
Overview of Capacity Planning13:22