19 August, 2016

Successful PLM Start for Tristate Holdings and Centric Software

CAMPBELL, California, August 23 – Tristate Holdings, the international high end fashion manufacturer, announces a successful product lifecycle management (PLM) and catalog/order entry implementation four months after the project kicked off. Centric is the leading PLM solution for fashion, retail, outdoor, footwear, luxury and consumer goods companies.

Founded in 1937, Tristate Holdings evolved from its origins as a prestigious tailor in Shanghai and Hong Kong to a unique industrial garment manufacturing company. They are globally recognized throughout the premium fashion business for their use of cutting-edge technologies.

A vertically integrated company with 8 factories, 4 brands and more than 10,000 employees in 12 countries, Tristate Holdings is pushing to develop synergies between their historical manufacturing expertise and core branding processes like design, marketing and distribution. In 2015, they acquired C.P. Company, an Italian luxury sportswear brand. With this acquisition, they decided to put a new infrastructure in place to help cement their business transformation and the further development of this brand.

“We chose Centric 8 PLM because of the flexibility and scalability of the system. As an international, multi-brand and multi-environment company, we needed to build a common foundation for our group business applications. Centric is the right tool to streamline our product development and order entry processes and meet this global strategic initiative,” explains Andrea Marco Borsetti, Tristate International CIO.

The initial deployment at C.P. Company involved several aspects of Centric 8 PLM: materials management, product sourcing, catalog and order entry management. C.P. Company’s current Spring/Summer 2017 Collection was entirely designed and is now starting to be sold leveraging Centric 8 solutions. C.P. Company sales force can now present product catalogs and take orders on the go; at fashion shows, showrooms or anywhere else they like using Centric Collection Book App by their mobile devices (Centric catalog and order entry mobile application). Both the product catalog and orders are directly linked to their Centric PLM system, so any changes made to product details, prices or product availability are automatically updated.

“We are delighted with Tristate Holdings’ success. It is a confirmation of our commitment to Tristate Holdings and to the market,” explains Chris Groves, president and CEO of Centric. “We work hard to create PLM solutions that are intuitive, efficient and easy to use, and we are thrilled that we are helping Tristate Holdings meet their strategic goals.”

Centric Software, Inc. (www.centricsoftware.com)

From its headquarters in Silicon Valley and offices in trend capitals around the world, Centric Software builds technologies for the most prestigious names in fashion, retail, outdoor, footwear, luxury and consumer goods companies. Its flagship product lifecycle management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, business planning, quality and collection management functionality tailored for fast-moving consumer industries. Centric SMB packages extended PLM including innovative technology and key industry learnings tailored for small businesses.

Centric Software has received multiple industry awards, including the Frost & Sullivan Global Product Differentiation Excellence Award in Retail, Fashion and Apparel PLM. Red Herring named Centric to its Top 100 Global list in 2013 and 2015.

Centric is a registered trademark of Centric Software. All other brands and product names may be trademarks of their respective owners.