Businesses in the retail or hospitality industry will know that managing costs and making effective resourcing decisions has never been more important.
As employment costs have increased, businesses have carefully reduced deployed hours. But finding a balance that allows companies to continue delivering a great brand execution – as well as a positive customer experience – can become difficult when commercial changes remain.
For ongoing business success, both brand strategy delivery and customer experience are essential. So how do you find that balance?
The key is knowing when you will need people and planning both the correct skills and number of people to deliver the business’s unique brand experience.
The best and most accurate way to achieve this goal is by using a bottom-up workload model.
As the gold-standard for allocating budgets by site, it quantifies how much time and money is needed to complete all the required tasks based on site-specific data. Bottom-up workload models use data such as the number of customers served, the volume of stock items replenished, and the time taken for essential tasks – such as compliance checks and cash accounting – to calculate the hours required for each site.
ReBudget is ReThink Productivity’s custom-built workload modelling solution that helps businesses create accurate, bottom-up labour budgets tailored to their unique operations.
We have partnered with ReThink to integrate Artificial Intelligence (AI) forecasting into ReBudget, combining industry-leading workload modelling with adaptive AI forecasting.
The unique AI forecasting behind ReBudget offers a new and innovative solution:
Businesses can benefit from this partnership as:
We are applied AI specialists focused on workforce, demand, and operational time series forecasting. SolvedBy.Ai helps organisations predict demand and workload at the level decisions are actually made; by site, role, task, day, and time period, so forecasts can be used directly in planning and budgeting.
Working with retail, hospitality, leisure and manufacturing organisations, SolvedBy.Ai improve forecasting accuracy in environments where demand is variable and cost control is critical. Their models draw on a wide range of internal and external data and automatically test and select the best-performing forecasting approaches as conditions change.
Their focus is on practical, explainable AI that complements established planning methodologies, ensuring forecasts are trusted, understood, and actionable.
As productivity experts, ReThink works with leading retail and hospitality brands, and are passionate about helping businesses improve their operations.
They have been providing workload models for 15 years, and their custom-built tool, ReBudget, has been designed by retail workload planners for workload planners.
ReBudget Online is their secure cloud-based platform with real-time collaboration, automation and live data view.
Depending on your specific business needs, ReThink provides comprehensive support solutions. These include providing a model that you can run and manage yourself, or offering a fully-managed workload modeling service. ReThink also offers a comprehensive workload model course to upskill people who manage and build workload models, helping to improve their knowledge and confidence.
All of this is with support from their expert workload modelling specialist, Karen Cattermole.
Through this partnership, the specialisms of both SolvedBy.Ai and ReThink Productivity are combined to enhance ReBudget with AI forecasting.
By merging industry-leading bottom-up workload modelling with adaptive AI demand forecasting, businesses will have more confidence in obtaining accurate budgeting, with the ability to make resourcing decisions at a site and timeslot level.
“Partnering with ReThink allows us to apply our exceptional AI forecasting capabilities directly within their ReBudget’s workload modelling framework. Together, we are enabling organisations to generate labour budgets that reflect site-level demand patterns, seasonality, and real operational volatility, supporting more informed planning.“
“By integrating SolvedBy.Ai’s cutting-edge intelligence with our ReBudget solution, we aren’t just improving numbers; we are fundamentally changing how businesses approach their workforce. This partnership allows us to move beyond simple forecasting and unlock true strategic workforce planning.”
Discover more about what this partnership means for your business by contacting our team today.
