Part two of our special COVID-19 series focuses at the critical store operations level. Logile CEO Purna Mishra covers practical, actionable recommendations for food retail stores responding to the COVID-19 pandemic and associated unique challenges.
As the world faces the COVID-19 pandemic, this is a time of significant change and special needs. Logile CEO Purna Mishra kicks off this first post in our special series containing recommendations from our experienced retail practitioners and consultants on practical changes and actions food retailers can take to respond to the challenges of the COVID-19 outbreak.
To meet customer service demands, retailers often must add allowances for service standards. Quick and accurate transparency into the cost of staffing hours adjustments is essential. See how staffing analysis and fine-tuning staffing hours enable you to understand scheduling requirements and optimize task placement for improved labor allocation.
In this final Moneyball series post, we describe similar approaches between sabermetrics in baseball and retail, highlighting how retail leaders utilize what-if technology to examine labor changes.
Identifying the true driving components for accurate retail labor hours is tricky. More than sales and a simple formula, all metrics from items to customers impact working conditions and customer service. See how work content-driven labor is the key!
The Moneyball series continues! Just as sabermetrics provides predictions of future performance for a given baseball player or team, retailers can use sophisticated AI and machine-learning forecasting to accurately predict retail performance. Get in the game!
Using the concept of sabermetrics as seen in the hit baseball movie Moneyball, it is possible to draw the parallel to engineered standards and performance management within retail. We explore this correlation and how the ever-increasing need to minimize labor costs and increase productivity and output makes these elements critically important for retailers.
Overtime costs quickly add up. Learn how an effective automated employee scheduling solution can cut out scheduled overtime and reduce overall labor costs. Retailers are getting a grip on labor with cross-utilization from wall to wall!
In retail, a common and definitely worthy New Year’s resolution is improving operational efficiency and costs. One area that warrants a hard look is associate overtime at your stores. Understanding the sometimes surprisingly far-reaching cultural and monetary impacts of overtime is the best first step!
Retailers know the importance of food safety and are turning to technology to improve compliance and reduce risk. Today we focus specifically on planning for a successful food safety implementation and making difficult decisions about project scope and change management.