An online programme called a human resource management information system (HRIS) satisfies the diverse HR needs of a business. Forecasting HR supply benefits greatly from it. Information on an employee's skills, abilities, credentials, work performance, and work-related behaviour is contained in the HRIS. It is capable of providing the relevant details about the competency level of each potential candidate available within the firm to the HR planner. This system's key advantages are its quick accessibility and dynamism. Its expensive installation cost is its primary disadvantage.

 Productivity Level The HR forecasting of an organisation is also influenced by productivity and performance levels. As production levels rise, the organization's need for HR services decreases. In such circumstances, the workers made surplus by production increases are typically taken into consideration for other open positions. They are retrained and moved to different positions. As a result, they are included in the HR supply forecasting as the HR available to meet an organization's HR demands. Understanding the situation can be helped by an example in numbers.
Let us assume that each person in the company produces 120 units each day on average. There are 2,000 employees in the company as a whole. Now, 240,000 units would be produced grossly. The number of employees needed to maintain the current level of gross production would be roughly 1,846 (= 240,000/130) if these workers' productivity improved to 130 units per person. The firm might now meet its future HR needs by using the numbering of surplus employees.
Managing an organization's human resources is the focus of HRM. In actuality, managing human resources is the most important and difficult task that management must carry out. It is important because it is essential for sustainability in the current competitive world, and difficult because no two people are alike (they have unique needs, aspirations, mental makeup, and backgrounds). Can you think of any further distinctions? Now consider the job of a human resource manager, who must both meet the overall organisational goal and the diverse range of needs of its employees. Before learning human resource management, it is important to review what management is. According to Mary Parker Follett, management is "the art of getting things done through people."