HR

Predictive Labor Modeling (PLM)

BetterVu
Labor is often the largest cost in an organization, but is difficult to manage when business volumes are volatile or are sensitive to factors which cannot be predicted far in advance, such as weather. PLM enables the organization to optimize required labor levels to meet anticipated levels of demand based on a combination of historical trends and projected business volumes.

Information

Business Function
HR
Industry
All Industries
App Last Updated
Size
1 GB
Language
English
Terms & Conditions

App stats

Modules
Contact Provider
Roles
Contact Provider
Formulas
Contact Provider
Reports
Contact Provider
Complexity
Contact Provider

Features

  • Predictive Labor Modelling [PLM] creates a robust platform for analyzing labor trends against transactional volumes over time, in order to forecast required labor levels in future periods.
  • Use cases include retail store staffing, restaurants, service locations, and call centers.
  • Operating models can be daily or event-based.
  • The app measures transactions and labor at the lowest level available (e.g. sales at cash register, labor based on time system capture) and at small time intervals (e.g. every 15 minutes) and then allows comparison of transaction and labor data. The intervals can then be compared statistically against external factors (such as weather or event activity).
  • Historically, the model can identify variances between required and actual labor amounts to quantify and track improvement opportunities.
  • The user can project future transaction volume (either directly or using Anaplan projection calculations) and then the app can provide recommended staffing levels. This can be used as input to scheduling systems, and can be updated as projection factors change (e.g., attendance, weather, etc).

Terms and conditions

Anaplan

Application Terms and Conditions: BY CLICKING TO PROCEED WITH DOWNLOAD OF THE APPLICATION, YOU ACKNOWLEDGE THAT THE TERMS BELOW SHALL GOVERN YOUR ACCESS AND USE OF THE APPLICATION. IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS, DO NOT CLICK TO PROCEED. THIS APPLICATION IS NOT PROVIDED BY ANAPLAN, INC. AND THESE TERMS ARE NOT OFFERED BY ANAPLAN UNLESS ANAPLAN IS NAMED AS THE PROVIDER ON THE DOWNLOAD PAGE. USE OF THIS APPLICATION REQUIRES A VALID SUBSCRIPTION TO THE ANAPLAN HOSTED SERVICE, WHICH IS ONLY AVAILABLE THROUGH A SEPARATE AGREEMENT BETWEEN YOU AND ANAPLAN. Application Provider. The application named on the download page of the Anaplan App Hub (the “Application”) is provided by the party named on the download page (the “Application Provider”). Anaplan, Inc. (“Anaplan”) is not the Application Provider unless named as such on the download page. Terms and Conditions. This agreement (the “Terms”) contains the terms and conditions governing your use of the Application unless you have separately agreed to other terms with the Application Provider. These Terms are entered into solely between you and the Application Provider and shall become effective upon your download, access or use of the Application. Anaplan is not a party to these Terms unless it is the Application Provider. Grant of Rights; Anaplan Agreement. The Application Provider hereby grants you the nonexclusive, nontransferrable, nonsublicensable right to use the Application solely in connection with your authorized use of the Anaplan hosted service (the “Anaplan Service”). Your right to use the Application does not include the right to use the Anaplan Service, which requires a separate agreement between you and Anaplan (an “Anaplan Agreement”). You are not permitted to copy or redistribute the Application, but you may load the Application into your instance of the Anaplan Service and modify the Application in connection with your permitted use of the Anaplan Service. Evaluation and Production Use. Your right to access and use the Application is provided on a temporary basis and is limited to evaluation use for a thirty (30) day period beginning on the date of download (“Evaluation Period”). If your subscription under the Anaplan Agreement includes the right to use the Anaplan Service for the use cases covered by the Application, then you may use the Application for production purposes after the Evaluation Period, or earlier if the Application Provider agrees. If you do not have an Anaplan Agreement that includes your right to use the Anaplan Service for the use cases covered by the Application, then your right to access and use the Application will automatically terminate at the end of the Evaluation Period without notice from the Application Provider or Anaplan. Reservation of Rights. The Application contains valuable intellectual property rights of the Application Provider and you are not permitted to use or exploit such intellectual property rights except as explicitly permitted in these Terms. The Application Provider reserves all right, title and interest in the Application except for the rights explicitly granted to you in these Terms. Your right to use the Application will terminate immediately upon any breach of these Terms by you, or upon the termination or expiration of your Anaplan Agreement. Either party may terminate these Terms at any time in its discretion by providing the other party with notice, at which time your right to access and use the Application will terminate immediately.

Okay
© 2016 Anaplan, Inc. All rights reserved.

Existing customer

Sign in and select a workspace to instantly start using this app.

Sign in App Hub Privacy Policy

New to Anaplan?

You must have an Anaplan account to install this app.

Learn more
App Hub Privacy Policy

By clicking to proceed, you agree that Anaplan may collect data on your usage of the App and combine it with other information we have collected about you to improve services we offer you, and to improve the effectiveness of the App Hub. We may also contact you about your use of the App. Where an App is provided by a third party, we may share App usage data with that third party in which case that third party’s privacy policies will apply and this one will not. Please also see our Privacy Policy

OK