Intelligent Retail: Effective planogramming with AI-Driven Planogram rules

The future of retail lies in adaptability and efficiency. Retailers face the constant challenge of balancing ever shifting customer expectations with store-specific constraints. Hyper-competition in today’s market means retailers must be as effective as possible to succeed. 

Traditionally, planograms were either created for each store individually, requiring a lot of manpower to then keep up to date, or using a one-size-fits-all approach of 'average store' planograms, leading to a considerable error rate. Moreover, the average store planogram did not reflect the specifics of local demand. Both far from ideal.

 

The future of planogramming lies in the use of AI. Quant’s new AI-powered Planogram rules function can prevent both of these pitfalls while offering a way to optimize the layout of each store based on sales, local customer behavior, and other specifics of each store without having to manually place individual products and maintain hundreds of variations of similar planograms.

With AI's ability to work through large amount of data and adjust in real-time, your business can deliver the right product in the right place, maximizing every square inch of shelf space.

How can Planogram Rules help you be more efficient?

Quant’s Planogram Rules work at the template level, which is then used by AI to create the individual planograms for each store. This means that you don't have to spend time to place individual products on the shelves. Just insert the Planogram rule and let our AI do the rest. By creating a template using Planogram rules, you get hundreds of optimized planograms adapted to different shelf dimensions, available assortment and sales. The best part is that creating such a template takes a similar amount of time as creating one specific planogram in traditional systems. Your productivity will increase by an order of magnitude.

You can use various criteria to calculate product priority, such as historical sales, your internal ranking, or whether the product is on sale. Quant will then always select the best combination of products for the dedicated space while also meeting your visual requirements defined by the placement of the rules in the template.

We also kept in mind that exceptions always exist. Even within the Planogram rules, you can artificially increase the priority of specific products, set the exact number of packages displayed, or change the position of a certain product.

Adopting our Planogram Rules sets you ahead in the rapidly evolving industry that retail is - especially if your business operates larger amounts of diverse stores.

Ready to unlock the potential of Quant’s AI driven Planogram rules? Our consultants will be happy to show you what our cutting-edge planogram technology is capable of and assist you with its deployment.

Are you already a Quant user and wondering how to set up Planogram Rules? We have prepared a detailed guide to walk you through the entire process.