In 2017, the U.S. retail industry experienced unprecedented turbulence and many in the industry see more challenges to come in 2018. The impact of Amazon and other online retailers has disrupted how retailers do business and reach consumers. Store closings have reached record levels. Numerous large, well-known retail companies have filed for bankruptcy, restructured, and in many cases closed down their businesses. The continuing evolution of shoppers creates new demands on retailers that impact all aspects of the business, from stores to backstage operations to information technology and supply chain capabilities — including home delivery. The disruption continues to drive concern with investors, creditors, industry analysts, and — most of all — companies themselves.
Innovative Retail Technologies’ most recent survey of retail execs finds a market ripe for the adoption of cloud-based workforce management applications, tepid confidence in workforce compliance, and increasing collaboration among HR, store ops, and associates. Workforce and human capital management applications have come of age, and retailers are catching on. Innovative Retail Technologies’ summer 2016 survey of more than 150 retail executives reveals some compelling trends around the value that’s driving adoption of modern WFM/HCM applications.
Innovative Retail Technologies’ most recent survey of retail execs finds a market ripe for the adoption of cloud-based workforce management applications, tepid confidence in workforce compliance, and increasing collaboration among HR, store ops, and associates.
With automated scheduling, what you get out of it is only as good as what you put in; its value and effectiveness are entirely dependent on the range of relevant data the system is given to make informed decisions. To have a real impact on optimizing your workforce the WFM requires information specific to your individual associates and retail location. Listen in as Matt Zelek, VP and Industry Consultant, Empower Software Solutions, talks to Innovative Retail Technologies’ Chief Editor, Erin Harris, about some of the key considerations retailers should make when deciding between manual versus automated scheduling.
For its first 49 years in business, Pier1, which employs more than 20,000 associates in 49 states and Canada, was managing schedules using a mix of pen, paper, Excel and Access. "Thanks to the dedicated work of Senior Manager of Store Operations Lee Crowell and his team, the system worked well through seven substantial in-house upgrades," says executive VP of Stores Sharon Leite.
Best Practices to Help Retailers Stay Compliant and Build Associate Engagement.