![]() This leaves the "last mile" of strategy execution solely in the hands of the in-store merchandiser who is not privy to the category strategy. Planogram software allows retailers to create detailed planograms that optimize product placement and ensure that shelves and fixtures are properly utilized. The fourth step is to create a planogram using software and review/approve it with category heads. ![]() Worse yet, there are still many retailers that only create a few size options for its stores to choose from. Create Planogram using software and review/approve with category heads. Further, this is all underscored by the prevailing approach of creating, at best, cluster planograms based on average data. Within assortment, the notions of space elasticity and substitutability remain just that, notions, and are potentially compromised by fees and a "better safe than sorry" mentality that reduces the impact of analytics. Regarding inventory, store and supply chain requirements are often loosely defined and relegated behind the category manager's and supplier's needs. The inventory versus assortment tug-of-war remains largely unregulated. Image Recognition (IR) in the CPG industry is expected to grow from USD 1. While tools have become more sophisticated and data more plentiful, many merchants struggle with the same fundamental problems their predecessors did in the 1980s and earlier. Monitor Planogram Compliance With The Smartest Image Recognition Technology by Infilect. The art and science of planogramming has been practised for decades. ![]() By J Kent Smith, Director of Consultancy, Galleria ![]()
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