Searching for PC support near me in Oxford can feel overwhelming with so many options available. Whether your...Read More
A tech startup is working with leading retail and hospitality brands including Costa, John Lewis and WH Smith.
Oxford-based Quorbit builds tailored operating models to help companies plan their resource allocation and investment more accurately.
Workforce management expert and co-founder Matt Brown says: โTo date companies have used top-down budget allocations and HR decision-making to forecast staffing costs.
โQuorbit works from the bottom up, by creating long-term strategic labour plans based on future customer demand and operational reality. We want to remove the dark art of workload budgeting so that decision making is data driven.โ
The company was set up as a niche consultancy business called Brown et al. From this, Brown and his partners developed the modelling tool to help with workforce management, distribution logistics and long-term planning.
A spin off company, Quorbit, was created in 2017 to develop the software business. Following a soft launch in 2019, the company has now morphed into AI to optimise the recommendations that come out of the teamโs modelling โ such as capacity planning, optimising contract mix, and balancing supply with fluctuating demand.
Last year was spent piloting the cloud-based solution with existing consultancy clients and on-boarding their first international client onto the platform.
Quorbit has helped Costa understand how many hours its stores need to run, and how to operate post-Covid; John Lewis to revolutionise the way it allocates โresource to shopsโ; and WH Smith to become more agile.
Itโs also given all three companies the ability to understand and quantify the impact of new initiatives, or โwhat ifโ scenarios, on their business.
The results show a 65% improvement in efficiencies. Also, more than 4,800 sites have been planned using Quorbit models and more than ยฃ2bn in annual wage budgets managed.
The business is self-funded and generates income from subscriptions to the modelling tool, as well as its consultancy service.
Brown adds: โCOVID-19 has been challenging for us, as weโve had to put a hold on the consultancy side of things, but it has given us the time to focus on building new features, such as AI, into the product and really get the business off the ground.โ
The aim now is to build on the business foundations, develop partnerships and secure funding to support the teamโs growth strategy, which it is hoped will come through a mix of grants and external investors. Longer term, they aim to support businesses across the globe from an R&D hub.
Although the team is international, three of the partners work close to Oxford so the Barclays Eagle Lab at the Wood Centre for Innovation is โan ideal location post lockdown,โ Brown adds.
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We believe choosing an IT partner is one of the most important decisions a business can make, which is why reputation in the industry is so crucial.
We offer a reliable repair service for both laptops and desktop computers, including a fully insured collection & return serviceโpicking up and delivering your device wherever is most convenient for you. Whether you’re in Oxford, London, or anywhere in the UK, we provide fast, professional PC support with both remote & on-site solutions.
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