Historical Forecasting of Labour Hours Required - WorkPlace OnLine - Cloud Workforce Management
The Historical Forecasting module allows an organisation to generate accurate labour hours required and forecasts for days and weeks in advance as the basis for cost effective, productive staffing deployment across the business. A unique combination of differing methods for predicting business volumes and calculating workload demand ensures that the most appropriate method is configured for a business.
Methods include -
- Historical Actuals - Volumes and shapes of business by week type
- Forecasting Sales - Forecast sales for the next few weeks
- Required Hours - Hours required by Task/Skill/Department using labour standard or average time
(Screen shot of Daily Sales Shape for a Department)
The Historical Forecasting module identifies the correct amount of labour hours to be used for the business, together with the optimum times of the day/week and the activity to be performed. The move towards activity driven budgeting and forecasting can deliver significant labour cost reduction.
(Screen Shot of Forecast Generation - Forecast versus Actual)
Historical Forecasting gives the ability to analyse and forecast labour demand for a given period, this allows accurate and more efficient schedules to be created. Get in touch with us and start realising improved scheduling benefits.
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Industry Ranges
Retail | Hospitality | Contract Labour & Labour Hire | Emergency Ser. | Utilities | Transport | Healthcare | Government