Retail Transformation is Here to Stay and the Pace of Change is Accelerating

Changed consumer behavior, continuously evolving geo-political forces including tariff agreements, digital disrupters, direct to consumer models with easy, fast home delivery options and large online retailers competing in every category have transformed the retail industry forever. A strong digital foundation is now a must-have, especially when bringing products to market, as one thing has not changed; product is still at the heart of retail.

This is where Product Lifecycle Management (PLM) offers dramatic operational and strategic benefits.

blue-arrow
blue-arrow

Get PLM Educated!

Wondering what Product Lifecycle Management software will do for your retail business? Discover more about PLM in general, retail technology basics, Centric’s market-leading solutions for retail and what satisfied customers have to say about Centric Retail PLM.

What Exactly is Centric Retail PLM and Why Do Leading Retailers Use It?

Almost 50% of new product introductions fail to meet sales targets. PLM helps meet these goals.

Centric empowers digital transformation for retailers to develop amazing white and private label products and manage product assortments across multiple categories, geographies and channels faster, increasing sales and reducing costs. Centric Retail PLM is driven by feedback from customer innovation partners in fashion retail, multicategory retail, home improvement and DIY, hypermarket, superstores, grocery and speciality retail. Centric Retail PLM spans merchandise planning, in-house design, co-design with suppliers and the RFP/RFQ process, product development & product specifications, Bills of Material (BOM), sourcing and supplier management, quality & AQL, compliance guidelines & audits, internal buying sessions/strategic product assortment allocation, product field testing, product retail evaluations and more.

In fact, the solution is so powerful, you must read on to learn more and see who uses it!

#BecomeAgile #SpeedToMarket