System and method for automatic shrinkage forecasting

US10037500B2 · kind B2 · utility

Inventors

• Vidas Placiakis · Walnut Creek, US
• Vytautas Staraitis · Castro Valley, US
• Vytautas Saulis · Castro Valley, US
• Gintautas Budvytis · Castro Valley, US
• Laura Stevens · Manchester, GB
• Thomas Tritten, II · Charlotte, US
• Michele Fisher · Rancho Santa Margarita, US

Key dates

• Filing date: Apr 26, 2013
• Grant date: Jul 31, 2018
• Expiry date: Feb 16, 2034

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q10/063116
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method for forecasting shrinkage of employees is provided. According to one embodiment, scheduled shrinkage values are identified from a work schedule and stored in a data file. A command is received by a processor to predict shrinkage of employees for a future forecast period. Selection of the data file is received, and in response, the processor is configured to automatically populate shrinkage fields for the forecast period with the scheduled shrinkage values retrieved from the data file. According to one embodiment, the scheduled shrinkage values are set as the shrinkage values that are forecast for the forecast period. A work schedule of employees is the generated for the forecast period taking into account the forecast shrinkage values. According to one embodiment, the processor may also engage of automatic shrinkage forecasting based on analysis of historic shrinkage data.