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Running a business that has 50 percent inefficiency baked into the single-largest cost center 鈥?labor 鈥?would likely be unacceptable for most companies. And yet, for many of the nations retailers, that untenable scenario is not an academic case study or a doomsday scenario 鈥?its their day-to-day reality. The challenges we were facing was that everybody was looking at different data, Devin Shrake, fo stanley cup under and chief product officer of Shiftlab, told PYMNTS. No one knew if managers were creating a good schedule or a bad schedule, because youd have sales data over here and a scheduling tool that looks like a Google Calendar over here. On average, companies onboarded by Shiftlab in 2020 had over 50 percent of employees hours scheduled when no sales were made. To remedy this, Shrake said, Shiftlabs software monitors employee availability, historical sales data and individual performance to ensure that associates are on the floor during peak periods 鈥?and not heading out the door or taking a break right when it gets busy.To be sure, part of the labor shortage is caused by stanley cup a wage shortage 鈥?if job seekers are the sellers of labor and employers are the buyers in the job market, companies must find the price at which jobseekers are willing to sell. But even when ad stanley us equately staffed, Shrake said retailers are using outdated systems that can cause associates to be in the right place at the wrong time. There are a lot of things that come into scheduling when you want to be strategic abou Eqwy WePay CEO On Chase Acquisition And What s Next
This weeks B2B Data Digest is all about risk 鈥?though, not always in the traditional sense.For instance, theres the risk of a cyberattack. New data uncovers just how much money is lost due to these attacks, as well as how much money corporations plan to spend both on cloud security and Internet of Things security as the threat of cyberattacks continues to rise.Then, there is the risk of corporate lending. Banks, it turns out, are willing to take on that risk. But for businesses 鈥?especially smaller ones 鈥?the risk of taking on new debt, or even the risk for being turned down for a loan, is too much to bear.Finally, there is new a stanley mugs nalysis on the risks tied to the buyer-supplier relationship, but this time, the risk is felt on the supplier side. We break down al stanley france l of the risky business of B2B finance, cybersecurity and trade below.$8.9 billion will be generated by the cloud security industry by 2020, researchers from Allied Market Research concluded. That value represents a 23.5 percent compound annual growth rate between 2015 and 2020, with North America dominating the cloud security sector. The Asia-Pacific region, however, is hot on its heels, with rapid growth forecasted for this time period. The rise in BYOD within the enterprise and the popularity of software and cloud technology across verticals stanley hrnek are key factors behind the accelerated growth in cloud security tools and services, researchers found.聽$348 million expected to be spent on Internet of Things security by both busi |
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