Glossary

Glossary of terms

Quick definitions for the abbreviations and concepts you will see throughout the platform.

Sales & forecasting

PAR level — The minimum amount of a product you want to have on hand for a week. The order tracker compares your count against PAR to suggest reorders.

DOW weight — Day-of-week weight. Each day's typical share of weekly sales. The forecast uses this to pace the monthly budget realistically instead of splitting it evenly.

Rolling 7-day average — The sum of the last seven days of sales, used to smooth charts so short-term spikes do not distort the trend.

1-day horizon forecast — The weather model's prediction as it stood one day in advance. This is the most useful version for staffing decisions.

MAE — Mean Absolute Error. The average size of the gap between forecast and actual sales. Lower is better.

AVG Δ — Average delta. The average percent difference between forecast and actual sales.

Labor

Cut / Add — The number of labor hours to remove (cut) or bring on (add) based on how sales are pacing against the forecast.

Sr GM Adj — Senior GM adjustment. Senior GM hours removed from a store's labor actual.

Manual Adj — Manual adjustment. A hand-entered labor adjustment that moves dollars to or from corporate.

Inventory & product

COGS — Cost of Goods Sold. The cost of the product actually used during the month, calculated at the financial close.

Copy-forward — An inventory feature that carries last week's count in as the starting point for this week.

Waste — Product thrown out. Logged in Product Tracking so it is reflected in COGS.

Giveaway — Product given to a customer or used for a promotion rather than sold. Logged separately from waste.

Cash & finance

Over / Under — The difference between the cash counted in a drawer and what the system expected. Over shows green, under shows red.

EOM — End of Month. The monthly financial close.

JE — Journal Entry. An accounting record. The platform formats journal entries for import into QuickBooks Online.