Statistics/KPI's - Projected Sales Data - Daily

You can enter in custom forecasted sales data to schedule shifts to or, if you have a POS integrations setup, you can use historical sales and units information to automatically generate an accurate forecast

To view or adjust your forecast for the week, click Edit Forecast from the top menu bar.

From here, there are three options for generating a forecast:

• Use POS defaults

  If you have a POS integration setup, these will be the default settings that are applied to the stats. The default settings can be updated by going to Setup > Locations > select location > Scheduling > Default stats

• Use custom POS settings

  If you have a POS integration setup, you can use the date selector to choose which week of data you want to use to build your forecast. You can also choose to apply a rolling average and/or an index.

• Use an entered projection

  If you do not have a POS integration setup, you can manually enter the forecasted sales and units by day or by the week. If choosing to enter a weekly total, you can then use percentages to distribute the sales and units appropriately throughout the week.

Once you have chosen your forecast method, click Generate forecast for week.

Once generated, you will see the forecasted sales and/or units for the future week you have selected. You can drill into the individual days and fine tune the forecast by clicking the grey edit pencil next to the day you want to adjust. If you want to adjust just a certain time of the day, you can click expand to expand out the day and fine tune further

Once happy with your forecast, scroll back to the top and click Create schedule to be taken back to the daily view for this location to build your schedule

On the right-hand side of the screen, you will see a statistics panel. The top of this panel displays your total projected labor cost percentage for the week. The next set of data contains your wage data. You will have the total costs for the day, and for the week. If any on-costs are set up, you will see them underneath the base wage cost.

The statistics in the KPI panel represent:

• Wages: The total cost of wages. Base shows just the raw cost of wages, while any modifiers set up for your location will be individually listed and included in the total wage figure.

• Sales: Forecasted sales based on actual sales figures.

• Units: Forecasted units based on actual units figures. Units can represent different figures depending on your POS, but often represent the number of transactions, or individual items sold.

• Hours Schedule: Total number of hours scheduled.

• Labor percent: The percentage of how much of your projected sales are going towards the projected wages, ie: labor as a percent of sales.

• Labur efficiency: Sales per labor hour.

• Productivity: Units per labor hour.

• Required sales: How much in sales you will need to make to meet your labour percent target, based on your wage cost.

• Average hourly cost: Total wages divided by number of hours.

General Notices