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Centric PLM
Streamline product design, development, sourcing and more.
Centric Planning
Maximize product margins and optimize inventory.
Centric Pricing & Inventory
Optimize pricing and inventory to increase sell through and maximize profits.
Centric Market Intelligence
Competitive product assortment, pricing benchmarking and market insights.
Centric Visual Boards
Develop and plan product assortments visually and data-connected.
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Respond to consumer trends and market demand with efficient collaboration and better decision-making to speed time to market, reduce discounting and enhance consumer loyalty.
Link financial goals with products to optimize product portfolios and sell-through by region and channel. Introduce new products or update and repackage for maximized margins.
Gain visibility to reduce compliance and traceability risks with clear gates, change control, ingredient tracking, label substantiation, supplier/pantry/store audits and more.
See complex product mixes across branded and private label assortments by channel and region. Package templates enable easy label creation for multiple markets and currencies.
Eliminate spreadsheets and emails to vastly improve product and packaging sourcing and supplier co-creation with a real-time ‘single source of truth’ for product-related data.
Easily compare supplier responses to RFQs, improve efficiency to cut the cost of duplication and errors and speed time to market to reduce loss due to inventory shrinkage.
Centric PLM is an end-to-end food product development solution that sets the digital foundation for food and beverage brands, retailers, producers and manufacturers to manage product development complexity and to bring products to market faster while also respecting compliance and ensuring safety.
Request a demoManage tasks efficiently with built-in workflows. See the impact of R&D, design, packaging and supply decisions on cost, delivery and more while maximizing efficiency with powerful merchandise planning.
Gain visibility across assortments and optimize rebranding, repackaging and new product introductions with product brief templates including specs, price, regulatory requirements and competitive data.
Easily update and manage data and documentation for product formulation, ingredients, packaging and more. Centralize all product data connected directly to each product to track changes over time.
Connect packaging briefs with product briefs. Quickly develop, source and update labels using templates populated with formulation, allergen, nutrition and regulatory data from PLM and connected databases.
Gain full visibility, track and implement compliance changes and streamline checks with built-in process management. Connect to compliance databases such as USDA, SR Legacy, CIQUAL or others.
Send out RFQs en masse and consolidate responses to streamline sourcing. Connect suppliers to Centric PLM via a supplier portal or email to collaborate efficiently and speed time to market.
Our solutions empower food businesses with the ability to confidently trace ingredients, ensure sustainable sourcing and compliance, build long-term business sustainability and provide consumers with accurate information about food origins, ethical practices, carbon emissions, waste and more.
PLM stands for Product Lifecycle Management. It’s a transformative solution that supports all critical aspects of product development for the food and beverage market. With an effective PLM solution in place, food retailers and manufacturers can optimize new product development, drive cross-team collaboration, and make better, more strategic business decisions.
PLM is an enterprise solution, which means it works by connecting people across the product development chain to streamline operational efficiency, speed time to market, reduce costs, cut waste, improve product quality and drive innovation. In other words, teams don’t have to rely on multiple email communications, numerous spreadsheets and siloed data management systems to oversee new product development. With PLM, food and drink companies can now collaborate, share information and track changes and approvals from a single digital interface.
Food and beverage retailers, brands and manufacturers can all use PLM to bring products to market faster while ensuring customer safety and compliance with regulatory standards. Anyone involved in product development—from R&D, Procurement and Specifications to Packaging, Quality and Compliance—can leverage PLM to boost efficiency, drive innovation, and accelerate new product creation that meets market demand.
Not at all! But keep in mind, PLM is a company-wide resource, and that means it takes careful coordination and cross-departmental communication to achieve a successful roll-out. However, having an experienced food and beverage PLM point person on board can help cut down implementation time significantly.
Want more info on implementation? Check out our Agile Deployment solution, Centric’s uniquely fast path toward R.O.I.
In a nutshell, no. PLM is a tool to facilitate and streamline product ideation and creation. ERP is a solution that tracks those products once they’ve left the manufacturing floor.
For a helpful breakdown between PLM and ERP technologies, take a peek at our white paper.
Yes! In fact, specifications management is an essential capability of PLM for food and beverage brands, producers and grocery retailers. With access to ingredient and raw material libraries, product formulation data and supplier quotes, users can manage product specifications quick and easy while ensuring data accuracy.
Yes to both! Product Development teams can connect with packaging and label designers through PLM’s centralized platform. Plus, if PLM offers integration with third-party tools like Adobe Illustrator or 3D Connect, then packaging engineers and graphic designers can work exclusively within one digital environment to streamline workflows.
Of course! Formulation management is another key capability of PLM for food and drinks. With the touch of a button, all product development stakeholders can access formulation data per individual product, making it quick and easy to review nutritional values, raw materials specifications, product claims, allergens and costs of goods sold. Users can also leverage this capability to modify existing formulations for new product introductions. Find out more here.
Definitely! Because PLM platforms keep a digital record of all product-related data and formulation methodologies, teams can track and trace any item affected by a contaminated ingredient or issue of non-compliance, remove them from store shelves and put a halt to further production.
Definitely! Because PLM platforms keep a digital record of all product-related data and formulation methodologies, teams can track and trace any item affected by a contaminated ingredient or issue of non-compliance, remove them from store shelves and put a halt to further production.
A resounding yes! PLM solutions come equipped with end-to-end traceability, so users have control to track compliance across the product development cycle. This helps to eliminate inefficiencies, improve formulation and ensure product integrity.
A resounding yes! PLM solutions come equipped with end-to-end traceability, so users have control to track compliance across the product development cycle. This helps to eliminate inefficiencies, improve formulation and ensure product integrity.
Absolutely. PLM solutions provide instantaneous, real-time connection with each and every stakeholder across the product development chain. This enterprise connection allows users to initiate collaboration among teams and drive product innovation. On top of that, PLM tracks compliance data and claims validations with pinpoint accuracy, so consumers can trust what they’re buying.
Absolutely. PLM solutions provide instantaneous, real-time connection with each and every stakeholder across the product development chain. This enterprise connection allows users to initiate collaboration among teams and drive product innovation. On top of that, PLM tracks compliance data and claims validations with pinpoint accuracy, so consumers can trust what they’re buying.
There sure are. In fact, Centric was the first company to develop convenient, UX-friendly mobile apps for PLM, which help enlarge the scope of product development contributors, including product testers, sales and more.
There sure are. In fact, Centric was the first company to develop convenient, UX-friendly mobile apps for PLM, which help enlarge the scope of product development contributors, including product testers, sales and more.
Fashion & Apparel
Multi-Category Retail
Footwear
Outdoor & Sports
Consumer Goods
OEM & ODM Manufacturers
Home Décor & Furniture
Food and Beverage
Cosmetics & Personal Care
Consumer Electronics
