Planograms and floor plans are interconnected.

Prompt understanding of store layout: The first tip to limit out of stock is to understand the store’s floor plan.

In this blog, we will talk about planogram tips to limit your retail out of stock: Planogram can assist store staff to ensure better use of shelf space and stock in retail stores. There are chances that constant promotions and ever-changing demand for some items can make the shelves empty, and this prompts customers to visit other stores. What are Planogram Tips to Limit Out of Stock? Also, a planogram includes proper inventory management, category proportions and management and report analysis with retail data that improves retail sales. Planogram would help figure out the over and under stock causes and improve customer experience by ensuring that products are more readily available on retail shelves. Too little stock in the store leads to missing out on sales and customers. Whereas, overstocked goods can cause inventory wastage and results in high carrying costs. Retailers can automate replenishment with the help of planogram software. These can together make a retail store lose its sales. For proper inventory management, retailers should pay attention to two things: overstock and understock. Stock replenishment is a vital part of retail sales, and it ensures that the retail shelves are stocked with the right products at the right time with optimum quantity. It is important that the store shelves are stocked with enough products to meet customer's needs and demands. This happens when you fail to replenish the stock correctly.

What happens if a customer visits your store for a specific product and they could not find the product on shelves? Maybe they will ask the salesperson to check if there is one at the back of the store. It can cause people to have a bad impression and lose their interest in shopping from your store.

Planograms not just for retail anymore