Strategic Resource Allocation Specialist

Responsibilities:

  1.  Bench Management:

  •  Continuously monitor and maintain an updated record of employees on the bench, including their skills, experience, and availability.

  •  Develop strategies to minimize bench time by proactively identifying opportunities for allocation.

  •  Plan for cross-training and skill development for underutilized resources.

  2.  Strategic Resource Allocation:

  •  Collaborate with Project Managers and Delivery Heads to forecast resource requirements and allocate resources effectively.

  •  Prioritize high-performing employees (based on KPIs) for critical and high-value projects.

  •  Identify opportunities for internal transfers or redeployment based on project pipeline and skills match.

  3.  Performance Monitoring and Management:

  •  Identify low-performing individuals on the bench and work with HR to implement Performance Improvement Plans (PIPs).

  •  Provide recommendations for terminations based on consistent underperformance or lack of alignment with organizational needs.

  •  Develop plans to retain high-potential resources through meaningful engagements.

  4.  Cost Optimization:

  •  Analyze and reduce bench costs by optimizing resource allocation and improving utilization rates.

  •  Implement data-driven insights to align workforce planning with budget constraints.

  5.  Collaboration:

  •  Act as the central point of contact between delivery teams, sales, and HR for resource allocation decisions.

  •  Partner with HR to define upskilling programs for bench employees and identify key learning gaps.

  •  Support leadership with workforce planning reports and analytics to aid strategic decision-making.

  6.  Forecasting and Reporting:

  •  Provide regular reports on resource allocation, bench strength, utilization, and associated costs.

  •  Use forecasting tools to anticipate future bench challenges and align resource supply with demand.

  7.  Tool and Process Optimization:

  •  Utilize workforce management tools (e.g., Hub Planner, Float, or Mavenlink) to track and plan resources.

  •  Recommend process improvements and tools to streamline resource allocation and bench management.