Retailers are feeling more pressure than ever to cut costs amid high inflation and rising costs across their supply chains.
Since labor is one of the most significant costs for any business, retailers are trying to adapt to the pressure by being more cost-efficient with staffing expenses.
But it’s not as simple as reducing labor hours.
Retailers still need to have enough staff on the sales floor to meet fluctuating demand, deliver great customer service, and drive sales.
So, how can they schedule enough staff to support busy days and avoid overspending on labor costs during slower ones?
Moreover, how can they identify the right data to forecast demand and create cost-efficient schedules to match it?
This ebook explains how labor demand forecasting helps retailers stay cost-efficient without compromising sales and customer experiences.