Artificial Intelligence (AI) algorithms are engineered to identify and address multiple complexities of varied intensities like adjacencies, differing light intensities, various facings of products, and multiple facets of the SKUs. 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. Retail planogram principles can be applied. It allows retail owners to plan the most strategic display and positioning of their products not just to maximize sales but to improve customer experience. ![]() 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. What Is a Retail Planogram In a nutshell, a retail planogram is a visual layout of how objects are going to be displayed in a store environment. 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.
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