![what is planogram in retail what is planogram in retail](https://cdn.shopify.com/s/files/1/1246/6441/files/image1_d9cc703f-354c-47f6-8734-33bdcfe90283_grande.jpg)
From tools based on image processing that ensure shelf planogram compliance, to computer vision & deep learning-based scanning solutions. The planogram compliance monitoring solutions are also spread across a wide spectrum. It started from 2D & 3D virtual designs to a data-driven shelf product placement optimization, to artificial intelligence produced planogram designs. Planogram planning, designing & monitoring has evolved over the years with the single objective of obtaining better, sharper, and quicker results.
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To paint a more synergistic picture, RIS News reported that poor retail execution & a lack of planogram compliance can lead to sales loss of $1M to $30M per retailer in the US market.
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Planogram Compliance: Extrapolating The Past, Enhancing The Contemporary & Crafting The Future.Īccording to The National Association of Retail Marketing, planograms, on average, go out of compliance at a rate of 10% per week.