Demand Forecasting
The operating model is a detailed software configuration of the corporate method of operation including activities and tasks, time standards, productivity metrics, business drivers, calendars, service levels, minimum staffing levels and other factors which describe how the business operates.
Profiles describe the unique characteristics where work is performed such as opening hours, timetables, the shape of business during the day and during the week, physical layout of work.
Budgets (such as Sales and Costs), other drivers (such as deliveries, number of units etc.) and central task requirements then fully describe all of the factors which influence the calculation of work.
WorkPlace's demand forecasting allows an organisation to generate accurate and reliable business level forecasts - sales, unit, customers, items, deliverables - for the next few weeks in advance as the basis for forward staffing requirements using power algorithms and statistical forecasting techniques.
Automatic analysis of historical and recent data for similar days and weeks can be performed, using metrics such as sales, customers served, units throughput and deliveries. This allows the shape of business to be established by department, by product group, by time of day or day of week for each week type.
The result is accurate forecasts that reflect the real needs of the business in every location where work is performed.
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Industry Ranges
Retail | Hospitality | Emergency Ser. | Utilities | Transport | Manufacturing | Healthcare | Government