December 15th, 2023

Centric Software Transforms Assortment Optimization with Centric Visual Boards

Global brands and retailers adopt Centric Software’s collaborative visual suite to deliver competitive consumer-centric assortments

CAMPBELL, Calif., December 18, 2023 – Centric Software® is pleased to announce that in 2023, brands and retailers from across the globe are accelerating more targeted assortment decisions by adopting Centric Visual Boards^TM to get to the heart of consumer demand. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals.

Centric Visual Boards transform the assortment planning and merchandising process by leveraging modern tech to link people, processes, and systems in an easy to use, visual format.

“Multimillion and even billion-dollar retailers are still relying on personal productivity tools like spreadsheets, slideshows, and emails for critical assortment decisions. In a product-driven industry, this creates a gap between creative and data-driven roles, rendering teams unable to deliver the precise, well-curated assortments that consumers demand,” explains Humberto Roa, VP of Innovation at Centric Software. “Planning, merchandising, buying, design, and development teams need to be able to view, pivot, and update assortments with a visual-first orientation. But of course, the information needed to bring the best possible assortments to market comes from many different sources and in many formats. Visual Boards brings all of that together so brands and retailers can deliver more targeted assortments to the right channels and stores, at the right time.”

Centric Visual Boards can be compared to visual pivot tables that use images to represent vast amounts of data from any PLM, PIM, Planning or ERP system. Interactive tools are populated with real-time information that can be employed by every role from design, planning, merchandising and buying, to procurement, sourcing, marketing and sales. The Centric Visual Boards family includes boards for assortment planning, product ideation and for delivering digital buy-ready omnichannel showrooms. This empowers teams to optimize end-to-end range category management, buying processes and to deliver closer to consumer demand.

Centric Visual Boards are used by major global brands and retailers such as ASICS, Swarovski, Lands’ End, Kmart, Arc’teryx, Eileen Fisher, Givenchy, FILA and more.

“It’s like the Tower of Babel where you have the creative people speaking their language and the data geeks speaking only data, but Centric Visual Boards act as the translator,” says Jose Perez, Senior PLM Brand Operations at Swarovski.

Centric Visual Boards customers have experienced benefits such as 90% faster assortment creation and update time, and 75% faster buy session setups. Others have saved millions in operational and travel costs, redirected time to value-added work and innovation, elevated sustainability, and saved countless hours of time.

“Centric Visual Boards are a unique innovation that we have developed in close collaboration with our customers,” says Chris Groves, CEO of Centric Software. “As part of our seamless concept-to-replenishment user experience, Centric Visual Boards deliver a collaborative visual platform for informed assortment decision-making and swift end-to-end execution, ultimately empowering our customers to thrive in a competitive and unpredictable retail environment.”

Learn more about Centric Visual Boards

See Centric Visual Boards in action at NRF 2024, Booth #6257

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Centric Software® (www.centricsoftware.com)

From its headquarters in Silicon Valley, Centric Software provides an innovative and AI-enabled product concept-to-replenishment platform for retailers, brands and manufacturers of all sizes. As experts in consumer goods like fashion, outdoor, luxury, home, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics, Centric Software delivers best-of-breed solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products.

· Centric PLM™, the leading PLM solution for consumer goods, optimizes product execution from ideation to development, sourcing and manufacture, realizing up to 50% improvement in productivity.

· Centric Planning™ is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance resulting in a 110% increase in margin.

· Centric Pricing & Inventory™ leverages AI to drive margins and boost revenues by up to 18% via price and inventory optimization from pre-season to in-season to season completion.

· Centric Market Intelligence™ is an AI-driven platform giving insights into consumer trends, competitor offers and pricing to boost competitivity and get closer to the consumer, with a proven 12% increase in average initial price point.

· Centric Visual Boards™ pivot actionable data in a visual-first orientation to ensure robust, consumer-right assortments and product offers, increasing product portfolios by up to 90% using the same resources.

Centric Software’s market-driven solutions have the highest user adoption rate, customer satisfaction rate and fastest time to value in the industry. Centric Software has received multiple industry awards and recognition appears regularly in world-leading analyst reports and research.