The best compliance practices stem from good communication within your team to ensure everyone knows their role and expectation with regards to the planogram. You need to incorporate regular display checks into your routine to monitor the planogram execution. Retailers should remember that compliance is ongoing. This includes everything from the shelving to the number of products going into a display. When you begin to transition the store to the new layout, you should pay attention to the detail of every step.
Planogram meaning software#
Retail stores need quality planogram software and a diligent inventory system to maintain the right planogram. Underutilized Planogram Investment – Retail stores who invest in a planogram software underutilize their investment when they do not follow the planogram.Brands can easily withdraw future slotting fees and opt out of using a retail store to display their products if that store has shown non-compliance repeatedly. Brands pay retailers for retail space through slotting fees. Fewer Product Placements Deals – Retail stores who do not use a brand’s product placement design may lose that brand’s business in the future.The revenue loss adds up over time, making compliance central to sales. If the store layout does not match the planogram, the store risks losing sales. Loss of Sales – Planograms help increase sales by using customer data to inform decisions about product placement.While the occasional mistake happens when implementing a planogram, there are more lasting consequences of not being in planogram compliance. Any deviation from the plans makes you not in compliance with the planogram. Compliance with these plans means you use the right merchandising, shelving, and displays to create the product setup in the store. Often, when you have product placement deals with a brand, the brand will either provide a planogram, or you will create the planogram with a software tool. Scorpion Planogram software is a great tool for retail and brick-and-mortar businesses, regardless of your compliance needs.Īs a retailer, your responsibility is to ensure your retail space layout matches the plans for the space. Here, we’ll provide an explanation of compliance and the best practices for matching the store layout to the planogram. In general, this is an important goal for retail stores to make sure the investment in planogram software pays off. Compliance entails how closely the final store layout matches the layout the planogram software produces. To implement a product placement display or a strategic store layout, retail stores must ensure planogram compliance.