Budget without compromise
Iterative planning refinements keep your labour model aligned with key goals, annual budget, period plan, and weekly forecast and schedule. This process helps ensure both labour model alignment with annual financial objectives and provides stores with the resources they need and earn for each week’s business.
Logile Budgeting creates an effective sales and labour budget with all the necessary components built into one system. Use store-specific data and store-specific standards to develop the most accurate forecast of sales and corresponding labour needs by week, by department using a bottom-up methodology. Benefit from significant process advancements and guided workflows to manage the budget through multiple iterations or what-if scenarios. Once an annual budget is created, these iterations become the basis for nearer-term planning by season, quarter or period. Update objectives to make up for any shortfalls in sales or overspends on labour.