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The Fundamentals of Merchandise Financial Planning Assortment Planning: Get Your Product Mix Right A Comprehensive Guide to Omnichannel Retail Strategy Spreadsheets vs. Retail PlanningQuick links
Beat the Competition with Pricing Intelligence What is Competitor Price Monitoring & How Can Price Benchmarking Benefit You? Product Matching in Fashion and Footwear: Use and BenefitsExisting Users
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The Art of Assortment Optimization: 5 Challenges Every Brand and Retailer Faces 5 Signs Line Planning and Assortment Planning Don’t Match Up Line Planning vs Assortment Planning Perfecting Profitable Assortments A Full Guide to Assortment OptimizationResults matter. Explore the compelling strategic and operational gains our customers have made using Centric PLM.
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PLM-driven transformation revolutionizes design process at German fashion and lifestyle brand
CAMPBELL, California, February 2, 2021– Centric Software® is delighted to announce the release of a success story about its customer, Tom Tailor.
Founded in Hamburg in 1962, the core market of the Tom Tailor Group was traditionally located in Germany but has grown to 30 countries including Austria, Switzerland, South Eastern Europe and Russia. Now, with approximately 3,400 employees, over 640 own-retail stores and 8,585 other points of sale, about one third of the company’s sales are currently generated abroad.
Having grown substantially both nationally and internationally in recent years, Tom Tailor’s teams used to struggle with the demands of administrative data entry and a lack of transparency between disconnected legacy systems for managing product information. Product development was not intuitive, and teams could not access client server-based product development software in meetings or outside the office.
“We had a lot of different client-server based software that was outdated, slow and not intuitive,” says Tom Tailor’s former Senior Manager of Core Applications, “We had no single, integrated system that our teams could go to for all data pertaining to a product.”
The company needed a solution with strong fashion foundations that was flexible enough to allow it to configure the different processes and best practices, and it particularly wanted a web-based solution that would enable users to work flexibly while traveling or outside the office. After thorough research, Tom Tailor decided to implement Centric’s Fashion Product Lifecycle Management (PLM).
“Tom Tailor Sourcing (TTS) now works extensively in PLM, sharing all essential product data, so we no longer have to send emails around the world to get simple things done… We can also put plans in place for emergencies, so that not all our work is allocated to one region.”
Tom Tailor is looking ahead to a bright future with Centric.
“I just cannot imagine a world without Centric PLM, today or in the future.”
Discover how the German fashion and lifestyle brand experienced remarkable results with Centric PLM:
Tom Tailor (www.tom-tailor.com)
TOM TAILOR is one of the best-known fashion and lifestyle companies in Europe. With the brand TOM TAILOR and the lines TOM TAILOR Denim, MY TRUE ME and mine to five, TOM TAILOR offer fashionable clothing and accessories in the mid-price segment.
As an international and vertically oriented fashion company, Tom Tailor focuses on fashionable casual wear. Each brand has its own clearly defined essence and distinctive character. Yet they all share one overriding goal: providing high quality fashion for the style-conscious whilst giving attractive value for money.
The company always has their finger on the pulse of time and implement current trends quickly and purposefully. This trend awareness is reflected in the Tom Tailor product strategies and the changing monthly collections, which are inspired by the current zeitgeist and street wear looks. This enables all Tom Tailor brands to respond to specific customer interests and the emotional needs of various target groups.
The core business of the Tom Tailor family brand is aimed at men and women between the ages of 25 and 45. The collections focus on comfortable, versatile looks and style with a fashionable, self-confident and authentic attitude.
Centric Software (www.centricsoftware.com)
From its headquarters in Silicon Valley, Centric Software provides a Digital Transformation Platform for the most prestigious names in fashion, retail, footwear, luxury, outdoor and consumer goods including cosmetics, beauty, food and beverage. Centric’s flagship Product Lifecycle Management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, quality and collection management functionality tailored for fast-moving consumer industries. Centric SMB provides innovative PLM technology and key industry learnings for emerging brands. Centric Visual Innovation Platform (VIP) offers a new fully visual and digital experience for collaboration and decision-making and includes the Centric Buying Board to transform internal buying sessions and maximize retail value and the Centric Concept Board for driving creativity and evolving product concepts. All Centric innovations shorten time to market, boost product innovation and reduce costs.
Centric Software is majority-owned by Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the world leader in 3D design software, 3D Digital Mock Up and PLM solutions.
Centric Software has received multiple industry awards and recognition, including being named by Red Herring to its Top 100 Global list in 2013, 2015 and 2016. Centric also received various excellence awards from Frost & Sullivan in 2012, 2016, 2018 and 2021.
Centric Software is a registered trademark of Centric Software Inc. All other brands and product names may be trademarks of their respective owners.
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