Planograms are essential tools for retailers who want to optimize their store layout and maximize sales. An effective planogram creation process involves gathering and analysing data, creating a planogram using software, training visual merchandisers, and reviewing planogram performance regularly.
Creating a planogram is a complex process which involves factors such as the layout of a particular store or the shopping behaviour of customers. In Quant, users create planogram templates from which hundreds of store specific planograms are automatically generated.
Store specific planograms in Quant enhance the concept of sharing the same planogram within a cluster by automatically generating optimized store specific planogram for each store. Quant's artificial intelligence takes a planogram template created by a user for a given cluster and tailors it to the exact space of each store based on product sales of that store.
Yet another year has gone by and therefore we would like to invite you to this year's Retail in Detail: Digitech conference organized by Blue Events. The conference will take place on 30th October 2024 at the Conference centre City Prague.
The topic of this year is very on trend – AI Evolution. From the guest speakers you can learn how AI and related innovations are rapidly transforming processes and standards in the retail world. You can look forward to representatives from leading companies in the retail world who will share their valuable tips and know how on how to leverage these technologies to achieve greater efficiency, better customer experience and increased security.
Data on historical sales and buying patterns alone is not enough to solely base an accurate forecast on. In order to achieve accurate forecasts, it is essential to include not only historical sales data, but also information about inventory and past and future events that may affect sales. Artificial intelligence will then be able to assess the impact of these factors on sales more accurately and offer more precise predictions.
In today’s fast-paced retail environment, managing multiple applications and systems efficiently is essential for success. Yet, with so many platforms and tools required to manage the operations properly, managing login credentials for each of them separately can become a hassle and a security risk for your business.
That is why Quant has recently integrated the option to activate Microsoft Single Sign-On within its Retail Planning edition.
Activating SSO in Quant allows you to facilitate user access, enhance security, and significantly improve productivity.
Our team meets regularly not only for formal events such as conferences and workshops, but also for more traditional informal events such as Quant Meetup, where we have the opportunity to meet new team members and strengthen our collaboration. Quant Retail, which has been on the market for over 20 years, has operated on a "work from home" model since its beginning. Opinions on this work format vary, but we are proof that full remote work can bring positive results and growth to a company.
Every few years, a new disruptive technology comes along that promises to revolutionize more than just retail. Artificial intelligence is certainly not a technology that will magically solve our problems on its own, but its use can bring significant benefits, whether in the form of automated decision making or machine learning.
But it won't be without work! In fact, it's more true than ever for AI applications that data is the foundation.
Let's take a look at some examples of retail AI deployments that have worked in the field.
In the first half of 2024, we welcomed 11 new customers to the Quant family from 9 different countries. The number of stores managed by Quant grew by more than 1,500. Together with the growth of our solution among existing clients, this has increased the total value of long-term contracts by more than 30%, an absolute record.
Nahdi Medical Company, a leading chain of Saudi retail pharmacy, has selected Quant, a leading solution for intelligent space planning, to manage and optimize layouts and planograms in more than 1100 pharmacies in KSA and UAE.
On 12-14 June 2024, the next edition of the QuantCON conference took place on the shores of Lake Mácha at the Port Hotel. We met a record number of Quant users from the Czech Republic and Slovakia, presented the most important news and improvements over the last year, answered many stimulating questions and gained a lot of inspiration.
Italian company F.lli Morgese, which operates the Euroesse supermarket chain and franchise stores, chose Quant as the solution for creating standalone planograms.
Medi-Market, a Belgian parapharmacy chain operating in several European countries, chose Quant Premium for its unified space planning after a successful Proof of Concept. The main advantage of the chosen solution is the linking of the pharmacy floor plan management process and optimal distribution of categories on the store floor with the creation of store specific planograms optimized using AI and many of Quant's intelligent tools, including automatic data integration with ERP and other external platforms.
The Italian company RCR Cristalleria Italiana, which manufactures and distributes crystal glass products, has chosen Quant Basic to create planograms with their designer products.
RCR emphasizes high quality from the actual production to the final sale and display of the products. Quant has managed to combine both the design of specific modules or gondolas, including banners and shelf strips, and the display of individual products with different types of packaging.
Italian pharmacy chain FELIA was searching for a simple solution to create planograms without the need to draw floor plans. Quant Basic was therefore a great choice, as it makes it easy to create planograms for individual modules as well as for entire lines of fixtures divided, for example, by category or producer.
Orsay, which operates more than 150 brick-and-mortar fashion stores in many European countries, chose Quant for space optimization, store-specific planogramming and reporting after a successful proof of concept. Photo documentation, task management and forms make communication with stores easier.
The 30th anniversary edition of the Retail Summit, which took place on 25-27 March 2024, was once again a great opportunity to meet major players in the Czech and Central European retail market. Quant Retail has traditionally been a gold partner and the main theme this year was Opening Mind & Markets.
Druhý ročník QuantCON proběhne v termínu 12.–14. června 2024 v Hotelu Port. Bude opět bohatý na zajímavé prezentace a workshopy nejen od našeho týmu, ale o své zkušenosti o využítí Quantu se podělí i naši zákazníci.
In the busy world of Q-commerce, where things need to be fast and efficient, Dark Stores have become important for smooth operations. But, in this changing world, the key player is often overlooked—intelligent space planning.
The Retail Summit 2024, the most important retail conference in Central Europe, is fast approaching and we, as a traditional gold partner of the event, cannot miss it. We cordially invite you to the 30th anniversary edition, which will take place on 25-27 March 2024 at the Congress Centre in Prague. The theme of this year's edition is Opening Minds & Markets and the programme for all days is really varied.
La Vinoteca, chilean stores specialized in the sale of wines, liquors, bakery, charcuterie and cheese has chosen Quant for Space & Demand Planning after successful Proof of Concept project we did together. La Vinoteca will not only be using Quants Floorplanning and Planograming tool, but also the Automatic Ordering functionality.
MonkeySports, a specialized sports store selling hokey and lacrosse equipment has chosen Quant to create Store Specific Planograms for their stores in USA.
In 2023, we celebrated 20 years since the beginning of Quant's development. Looking back at our achievements, we see that we've given ourselves a lot of special gifts for this milestone birthday.
On 6–8 December 2023, we celebrated 20 years of Quant's existence at the Port Hotel by Mácha Lake.
We thank all our users for their trust and inspiration to continuously improve Quant. We wish everyone a Merry Christmas and all the best for the New Year.
On 12-14 June 2024, the second edition of the QuantCON conference will take place at the Hotel Port at Macha Lake. Similar to last year, the participants can look forward to three days of customer presentations on the use of Quant, smaller workshops on individual topics, but above all intensive networking and experience sharing.
In the dynamic world of retail, a well-thought-out retail space planning department is essential for success. Its purpose is to strategically allocate space within a store to enhance the customer experience, boost sales, and increase profitability.
On 23 November 2023, we participated as a general partner of the Popai Day conference at the O2 Universum in Prague. It is a conference about the development, perspectives and challenges of the field of marketing communication at the point of sale. We are delighted to be part of it again.
To speed up your work in Quant, you can add frequently used items to your Favorites. This way you will always have your stores, projects or planograms at hand. In this video from our Tips & Tricks series, we'll show you how to add items to Favorites.
We would like to invite you to POPAI DAY 2023, in which Quant Retail is participating as a general partner. The rich program also includes a professional conference POPAI FORUM 2023, during which Petr Kavánek, CEO of Quant Retail, will speak on the topic How to employ AI in store planning? We are looking forward to the meeting on November 23, 2023 from 9.00 am at the O2 universum in Prague.
Flosman, a retail company that operates more than 150 Flop Top stores, among others, chose Quant as a tool to create planograms and optimize the layout of categories on store layouts.
The third quarter is traditionally a period in the retail area when new projects are usually not launched due to the holidays. Therefore we are really pleased to welcome 6 new customers to the Quant family, including big names such as NAHDI pharmacies in the UAE, FLOSMAN's – Czech store network under Flop Top brand and Spanish DIY store chain SALTOKI. We welcome all new customers to the Quant family and thank all existing customers very much for their trust.
We would like to invite you to the next edition of Retail in Detail: Digitech, a unique conference by Blue Events, taking place at the Clarion Congress Hotel on 18 October 2023. Our team will be available to meet you in person from 17 October at 2 pm. We will be happy to discuss your expectations and answer your questions.