Method and assessment system for assessing performance of plurality of outlets

An assessment system for assessing performance of a plurality of outlets, the assessment system comprising:

• a processor;
• and
• a memory, communicatively coupled to the processor, wherein the memory stores processor-executable instructions, which, on execution, causes the processor to:
• receive monitored data related to a plurality of predefined parameters corresponding to each product stored in each of a plurality of outlets, from one or more sensor cluster deployed in each of the plurality of outlets;
• determine an ambience score of each product category in each of the plurality of outlets based on the corresponding monitored data and one or more compliance conditions pre-set for each of the plurality of predefined parameters of the corresponding product category, wherein each of the product is associated with one of each of the product category;
• determine a compliance assessment score for each of the plurality of outlets based on the ambience score of each product category of each of the plurality of outlets;
• and
• assess performance of each of the plurality of outlets based on the compliance assessment score.

A non-transitory computer readable medium including instruction stored thereon that when processed by at least one processor cause an assessment system to perform operations comprising:

• receiving monitored data related to a plurality of predefined parameters corresponding to each product stored in each of the plurality of outlets;
• determining an ambience score of each product category in each of the plurality of outlets based on the corresponding monitored data and one or more compliance conditions pre-set for each of the plurality of predefined parameters of the corresponding product category, wherein each of the product is associated with one of each of the product category;
• determining a compliance assessment score for each of the plurality of outlets based on the ambience score of each of the product category of each of the plurality of outlets;
• and
• assessing performance of each of the plurality of outlets based on the compliance assessment score.