SlideShare une entreprise Scribd logo
1  sur  8
Stock Replenishment: Tips for Retailers to Limit Out of Stock
What is Stock Replenishment?
Stock replenishment 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.
How Planogram is Helpful in Stock
Replenishment?
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.
It includes proper inventory
management, category
proportions and management
and report analysis with retail
data that improves retail
sales.
What are
the
Planogram
Tips to
Limit Out of
Stock?
Prompt understanding of store layout
Ensure right category-wise space allocation
Display products based on display hierarchy
Build and implement data-driven planograms
Prompt Understanding of
Store Layout
Floor planning aids retailers in calculating the
necessary space needed for each category and
correct product range required for the store.
This helps to entice customers and improves
retail sales.
Ensure Right Category-Wise Space
Allocation
Planogram days of supply helps to ensure that the right products are
available at the right time.
It provides insight about the particular time frame based on customers
demand with the data reports and helps to autofill the shelves.
Display Products Based on Display Hierarchy & Build and
Implement Data-Driven Planograms
A well-structured consumer decision tree helps to allow space
planners to identify that allow-demand items, over and under
stock issues of the store shelves.
It helps retailers to allocate the store’s shelf space to products
with the sales data and visually display products on shelves to
maximize sales and efficiency.
Use Nexgen POG to improve retail store
performance.
www.nexgenus.com sales@nexgenus.com

Contenu connexe

Tendances

Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
Parul Kanda
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
Kamaljit Kumar
 
VM Manual Staff Training
VM Manual   Staff TrainingVM Manual   Staff Training
VM Manual Staff Training
Amit Shanklya
 
Store layout, design and merchandising
Store layout, design and merchandisingStore layout, design and merchandising
Store layout, design and merchandising
Sachin Wakchaure
 
Visual Merchandising Docket
Visual Merchandising DocketVisual Merchandising Docket
Visual Merchandising Docket
Aiswarya Kutty
 

Tendances (20)

Top 5 dos and don'ts in retail merchandising
Top 5 dos and don'ts in retail merchandising Top 5 dos and don'ts in retail merchandising
Top 5 dos and don'ts in retail merchandising
 
How to Maximize Your Store's Efficiency with Gondola Shelving.pptx
How to Maximize Your Store's Efficiency with Gondola Shelving.pptxHow to Maximize Your Store's Efficiency with Gondola Shelving.pptx
How to Maximize Your Store's Efficiency with Gondola Shelving.pptx
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
 
Planogram
PlanogramPlanogram
Planogram
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
 
Planogram
PlanogramPlanogram
Planogram
 
Visual merchandising guidelines by moslem hilali
Visual merchandising guidelines by moslem hilaliVisual merchandising guidelines by moslem hilali
Visual merchandising guidelines by moslem hilali
 
Retail store operations
Retail store operationsRetail store operations
Retail store operations
 
Retail merchandising
Retail merchandisingRetail merchandising
Retail merchandising
 
Visplay - Visual Merchandising Guidelines
Visplay - Visual Merchandising GuidelinesVisplay - Visual Merchandising Guidelines
Visplay - Visual Merchandising Guidelines
 
Retail store operations
Retail store operationsRetail store operations
Retail store operations
 
VM Manual Staff Training
VM Manual   Staff TrainingVM Manual   Staff Training
VM Manual Staff Training
 
Assortment planning
Assortment planningAssortment planning
Assortment planning
 
Signage in vm
Signage in vmSignage in vm
Signage in vm
 
Visual Merchandising in Retail Outlets
Visual Merchandising in Retail OutletsVisual Merchandising in Retail Outlets
Visual Merchandising in Retail Outlets
 
Visual Merchandising PRINCIPLES - applied practices
Visual Merchandising PRINCIPLES - applied practicesVisual Merchandising PRINCIPLES - applied practices
Visual Merchandising PRINCIPLES - applied practices
 
Store layout, design and merchandising
Store layout, design and merchandisingStore layout, design and merchandising
Store layout, design and merchandising
 
process of store operation
 process of store operation process of store operation
process of store operation
 
Visual Merchandising Docket
Visual Merchandising DocketVisual Merchandising Docket
Visual Merchandising Docket
 
6 planogram window display tips to drive in store sales
6 planogram window display tips to drive in store sales 6 planogram window display tips to drive in store sales
6 planogram window display tips to drive in store sales
 

Similaire à Stock replenishment tips for retailers to limit out of stock

Retail Analytics_Marketelligent
Retail Analytics_MarketelligentRetail Analytics_Marketelligent
Retail Analytics_Marketelligent
Marketelligent
 

Similaire à Stock replenishment tips for retailers to limit out of stock (20)

How to Use Retail Data to Improve Retail Sales.pptx
How to Use Retail Data to Improve Retail Sales.pptxHow to Use Retail Data to Improve Retail Sales.pptx
How to Use Retail Data to Improve Retail Sales.pptx
 
5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx
5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx
5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx
 
Six Reasons Why Visual Merchandising is Good for Retail Business (1).pptx
Six Reasons Why Visual Merchandising is Good for Retail Business  (1).pptxSix Reasons Why Visual Merchandising is Good for Retail Business  (1).pptx
Six Reasons Why Visual Merchandising is Good for Retail Business (1).pptx
 
How to implement best category management practices to improve retail busines...
How to implement best category management practices to improve retail busines...How to implement best category management practices to improve retail busines...
How to implement best category management practices to improve retail busines...
 
What is a Planogram and Its Role in Retail Visual Merchandising.pptx
What is a Planogram and Its Role in Retail Visual Merchandising.pptxWhat is a Planogram and Its Role in Retail Visual Merchandising.pptx
What is a Planogram and Its Role in Retail Visual Merchandising.pptx
 
Data base design
Data base designData base design
Data base design
 
How can Planograms Help Retailers Handle Backorder Issues.pptx
How can Planograms Help Retailers Handle Backorder Issues.pptxHow can Planograms Help Retailers Handle Backorder Issues.pptx
How can Planograms Help Retailers Handle Backorder Issues.pptx
 
Retail Analytics_Marketelligent
Retail Analytics_MarketelligentRetail Analytics_Marketelligent
Retail Analytics_Marketelligent
 
Top 17 Inventory Management Benefits To Look For In 2022.pptx
Top 17 Inventory Management Benefits To Look For In 2022.pptxTop 17 Inventory Management Benefits To Look For In 2022.pptx
Top 17 Inventory Management Benefits To Look For In 2022.pptx
 
3 Factors That Decrease In-Store Retail Spending .pptx
3 Factors That Decrease In-Store Retail Spending .pptx3 Factors That Decrease In-Store Retail Spending .pptx
3 Factors That Decrease In-Store Retail Spending .pptx
 
A Silent Salesman Merchandise Planning Stock With Company-SUHAIL.pptx
A Silent Salesman Merchandise Planning Stock With Company-SUHAIL.pptxA Silent Salesman Merchandise Planning Stock With Company-SUHAIL.pptx
A Silent Salesman Merchandise Planning Stock With Company-SUHAIL.pptx
 
From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...
From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...
From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...
 
Factors to Consider When Merchandising Grocery Store Categories.pptx
Factors to Consider When Merchandising Grocery Store Categories.pptxFactors to Consider When Merchandising Grocery Store Categories.pptx
Factors to Consider When Merchandising Grocery Store Categories.pptx
 
Inventory Management system at big bazaar
Inventory Management system at big bazaarInventory Management system at big bazaar
Inventory Management system at big bazaar
 
5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Sto...
5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Sto...5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Sto...
5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Sto...
 
MGT 7133 Operations Management Lecture 5 ppt (2).pptx
MGT 7133 Operations Management Lecture 5 ppt (2).pptxMGT 7133 Operations Management Lecture 5 ppt (2).pptx
MGT 7133 Operations Management Lecture 5 ppt (2).pptx
 
3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx
3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx
3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx
 
6 inventory control techniques for stock optimization
6 inventory control techniques for stock optimization6 inventory control techniques for stock optimization
6 inventory control techniques for stock optimization
 
Planogram in Retail sector
Planogram in Retail sectorPlanogram in Retail sector
Planogram in Retail sector
 
Planogram Retail Design Tips for Appliance & Furniture Retailers .pptx
Planogram Retail Design Tips for Appliance & Furniture Retailers .pptxPlanogram Retail Design Tips for Appliance & Furniture Retailers .pptx
Planogram Retail Design Tips for Appliance & Furniture Retailers .pptx
 

Plus de Anoop Ashok

Plus de Anoop Ashok (20)

How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...
How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...
How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...
 
Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...
Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...
Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...
 
B2B Planogram in 2024 Everything You Need to Know.pptx
B2B Planogram in 2024 Everything You Need to Know.pptxB2B Planogram in 2024 Everything You Need to Know.pptx
B2B Planogram in 2024 Everything You Need to Know.pptx
 
How to Leverage Planograms for Diverse and Inclusive Category Displays .pptx
How to Leverage Planograms for Diverse and Inclusive Category Displays .pptxHow to Leverage Planograms for Diverse and Inclusive Category Displays .pptx
How to Leverage Planograms for Diverse and Inclusive Category Displays .pptx
 
5 Planogram Ways to Sell General Merchandise in a Retail Store (1).pptx
5 Planogram Ways to Sell General Merchandise in a Retail Store  (1).pptx5 Planogram Ways to Sell General Merchandise in a Retail Store  (1).pptx
5 Planogram Ways to Sell General Merchandise in a Retail Store (1).pptx
 
Sensory Retail How Planogram Strategy Appeals to Customer Senses.pptx
Sensory Retail How Planogram Strategy Appeals to Customer Senses.pptxSensory Retail How Planogram Strategy Appeals to Customer Senses.pptx
Sensory Retail How Planogram Strategy Appeals to Customer Senses.pptx
 
Planogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptx
Planogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptxPlanogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptx
Planogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptx
 
The Role of Planograms in Click-and-Collect Services .pptx
The Role of Planograms in Click-and-Collect Services .pptxThe Role of Planograms in Click-and-Collect Services .pptx
The Role of Planograms in Click-and-Collect Services .pptx
 
How to Choose the Right Product Mix Using Planograms.pptx
How to Choose the Right Product Mix Using Planograms.pptxHow to Choose the Right Product Mix Using Planograms.pptx
How to Choose the Right Product Mix Using Planograms.pptx
 
How to Meet Retail End Goals Using Planogram Software.pptx
How to Meet Retail End Goals Using Planogram Software.pptxHow to Meet Retail End Goals Using Planogram Software.pptx
How to Meet Retail End Goals Using Planogram Software.pptx
 
5 Planogram Thematic Display Ideas to Try Today (1).pptx
5 Planogram Thematic Display Ideas to Try Today (1).pptx5 Planogram Thematic Display Ideas to Try Today (1).pptx
5 Planogram Thematic Display Ideas to Try Today (1).pptx
 
Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...
Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...
Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...
 
When Does Planogram Become a Necessity in Retail Stores.pptx
When Does Planogram Become a Necessity in Retail Stores.pptxWhen Does Planogram Become a Necessity in Retail Stores.pptx
When Does Planogram Become a Necessity in Retail Stores.pptx
 
How to Merchandise Products in Drugstores Using Planograms.pptx
How to Merchandise Products in Drugstores Using Planograms.pptxHow to Merchandise Products in Drugstores Using Planograms.pptx
How to Merchandise Products in Drugstores Using Planograms.pptx
 
5 Retail Merchandising Design Tips to Help Boost Sales .pptx
5 Retail Merchandising Design Tips to Help Boost Sales .pptx5 Retail Merchandising Design Tips to Help Boost Sales .pptx
5 Retail Merchandising Design Tips to Help Boost Sales .pptx
 
3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx
3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx
3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx
 
Planogram Three Upselling Techniques to Try in Your Store Today new (1).pptx
Planogram Three Upselling Techniques to Try in Your Store Today new (1).pptxPlanogram Three Upselling Techniques to Try in Your Store Today new (1).pptx
Planogram Three Upselling Techniques to Try in Your Store Today new (1).pptx
 
Facing in Retail Everything You Need to Know to Drive Sales .pptx
Facing in Retail Everything You Need to Know to Drive Sales .pptxFacing in Retail Everything You Need to Know to Drive Sales .pptx
Facing in Retail Everything You Need to Know to Drive Sales .pptx
 
Why Planogram Maintenance is Critical in Retail (1).pptx
Why Planogram Maintenance is Critical in Retail (1).pptxWhy Planogram Maintenance is Critical in Retail (1).pptx
Why Planogram Maintenance is Critical in Retail (1).pptx
 
Visual Merchandising 5 Trends That Will Shape Retail Businesses in 2023.pptx
Visual Merchandising 5 Trends That Will Shape Retail Businesses in 2023.pptxVisual Merchandising 5 Trends That Will Shape Retail Businesses in 2023.pptx
Visual Merchandising 5 Trends That Will Shape Retail Businesses in 2023.pptx
 

Dernier

Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
Joaquim Jorge
 

Dernier (20)

Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 

Stock replenishment tips for retailers to limit out of stock

  • 1. Stock Replenishment: Tips for Retailers to Limit Out of Stock
  • 2. What is Stock Replenishment? Stock replenishment 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.
  • 3. How Planogram is Helpful in Stock Replenishment? 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. It includes proper inventory management, category proportions and management and report analysis with retail data that improves retail sales.
  • 4. What are the Planogram Tips to Limit Out of Stock? Prompt understanding of store layout Ensure right category-wise space allocation Display products based on display hierarchy Build and implement data-driven planograms
  • 5. Prompt Understanding of Store Layout Floor planning aids retailers in calculating the necessary space needed for each category and correct product range required for the store. This helps to entice customers and improves retail sales.
  • 6. Ensure Right Category-Wise Space Allocation Planogram days of supply helps to ensure that the right products are available at the right time. It provides insight about the particular time frame based on customers demand with the data reports and helps to autofill the shelves.
  • 7. Display Products Based on Display Hierarchy & Build and Implement Data-Driven Planograms A well-structured consumer decision tree helps to allow space planners to identify that allow-demand items, over and under stock issues of the store shelves. It helps retailers to allocate the store’s shelf space to products with the sales data and visually display products on shelves to maximize sales and efficiency.
  • 8. Use Nexgen POG to improve retail store performance. www.nexgenus.com sales@nexgenus.com