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Getting a Handle on It: Strategies for Entrepreneurs as Costs Rise

Getting a Handle on Things wfm

As an entrepreneur, you face numerous challenges. Rising costs, ongoing labor shortages, and shrinking profit margins are just a few of the many concerns you may encounter. These concerns are not unique to you; many entrepreneurs share the same frustrations. But simply voicing your dissatisfaction rarely leads to solutions. It’s time to take the lead and proactively take matters into your own hands. 

Instead of wasting energy on things you have little control over, you should focus your attention on something you can directly influence: planning and your employees. Your team isn’t just your greatest asset—it’s also one of the keys to cost savings and operational efficiency. But how can you ensure that you organize your planning in a way that gives you more control over rising costs? 

Flexible Planning

Employees are often willing and motivated to work, especially when their work schedules fit into their personal plans. By giving them a say in setting their work schedules and allowing them to swap shifts, your business can remain flexible and manage internal staffing shortages. This flexibility leads to greater engagement and a positive work atmosphere, which also carries over to the sales floor. Customers are receptive to a good atmosphere, and a positive work environment enhances the store’s image. This leads to higher customer satisfaction and loyalty, so customers are happy to return, even if product prices are slightly higher. WFM software like R&R’s makes creating such a schedule easy, as employees can indicate their own availability in advance via the Job App and, after the schedule is set, suggest or enter a shift swap if their availability changes. By involving employees in the scheduling process and giving them responsibility, you not only foster a sense of accountability but also create a culture of collaboration and team spirit. In addition, the software takes a lot of work off managers’ hands, giving them time for other tasks. 

Optimal Capacity Planning

A common problem we encounter is an imbalance in staffing levels—that is, there are often too many employees on site or too few at critical times. We know from the data that scheduling surpluses are more often left unaddressed than they are addressed, even though there is much to be gained by doing so. By using a WFM system like the one from R&R, you gain insight into this situation, and scheduling surpluses can be eliminated. This not only leads to cost savings through more efficient staffing but also to better customer service. 

Taking the time to plan carefully is extremely valuable. Good preparation ensures optimal utilization of your team, which translates into significant savings and improved overall operations. Above all, take a critical look at the various departments—not just the overall staffing levels. If you invest one hour a week and involve your employees, you’ll soon be able to save many hours (80 or more is not uncommon) per week—and with today’s hourly wages, that adds up to a lot of money. 

See also: “With the right planning tool, you’ll have your business processes and workforce under control.” 

Focus on Entrepreneurship

By focusing on the aspects of your business over which you have the greatest influence—such as your workforce and workforce scheduling—you can not only overcome current challenges but also lay a solid foundation for future success. Implementing workforce management software is an effective strategy for controlling labor costs, increasing efficiency, and adapting to ever-changing work conditions. A properly implemented WFM system can not only control costs but also contribute to an agile and productive work environment. This allows you to focus on running your business and making an impact in your industry, rather than worrying about factors beyond your control. After all, it is this entrepreneurial spirit that led you to start your business in the first place—and it is what will continue to guide you toward growth and success.

Stef van Dijk
About the Author Stef van Dijk

Stef van Dijk has extensive experience in the supermarket industry and knows the food retail sector inside and out. Stef writes blog posts on all relevant topics related to human resources management and food retail.