This blog offers an explanation of what is AI forecasting, its purpose in business, and the advantages associated with it. AI forecasting is an AI division...
Labour Demand Forecasting
What is retail labour demand forecasting?
Introduction to Demand Forecasting in Retail Employee Management If you are new to retail, you may hear “demand curve”, “demand forecasting” or “labour demand forecasts” mentioned. In this blog article, we explain what is...
How Labour Demand Forecasting works?
As a business owner, optimising labour for maximum productivity and profitability is imperative. Labour demand forecasting helps you achieve this goal by forecasting the demand for labour in your business and giving you the...
Can Labour Demand Forecasting solve your staff shortages?
Many organisations have reported staff shortages following the Covid 19 Pandemic, which impacts trading and revenue. To understand the size of the problem and to answer the question, can labour demand forecasting solve your...
Why do you need Labour Demand Forecasting?
As a business leader, it’s vital to accurately understand your labour demand, and in this article, we will explain why do you need labour demand forecasting and the benefits. This is why labour demand...
What are the different methods for Labour Demand Forecasting?
There are a number of different methods for labour demand forecasting that can be used. The best labour management software will often take into account several of these methods, for instance, using historical analysis...
Labour Demand Forecasting Glossary
Like many specialisations, Labour demand forecasting has lots of jargon, acronyms, abbreviations and technical terms. In our glossary, we attempt to list the more regular terms and explain what they mean. AI Acronym for...
What is labour demand forecasting?
Organisations use labour demand forecasting to know how many staff they need to schedule and when. It is used at a retail, leisure or hospitality venue, hospitals or care homes, call centres, delivery drivers...