The Application of Stock Control Principles to Employee Resourcing

The principles of stock control are used to show how they can be usefully applied to employee resourcing. A computerised simulation model is presented which gives personnel specialists the opportunity to be proactive, allowing them to determine the most appropriate employee‐resourcing strategy, whether this is a system based on periodic review, acquisition of batches of employees of a fixed size or of variable size, or even through the almost universally applied strategy of reactive acquisition.