Enhance Your Retail Operations with Centric Software
5 ways to speed time to market and maximize margins
Enhance Your Retail Operations with Centric Software
5 ways to speed time to market and maximize margins
We’re showcasing our 5 Key Retail Operations series and dropping a new episode every month.
Episode 1: The Secret Sauce to Tech Packs & BOMs
Still managing your product lifecycle, BOMs and tech packs with cumbersome spreadsheets? It’s time to address the inefficiencies and errors that come with outdated methods. Discover how Centric PLM™ transforms your processes to:
Turn Tech Pack and BOM creation from time demanding to time saving
Customize tech packs and BOMs to fit the unique needs of various product lines and departments
Configure tech packs and BOMs to fit the unique needs of product lines and departments
“Our planning and finance roll ups are very automated now—that’s been super helpful. Costing is another big one to have automated based on the BOMs. Setting up the system to do roll ups took some work, but we absolutely see the time savings. When the vendor portal goes live, there will be even more time savings—I’m currently getting physical cost sheets sent to me and I’m backing them into the system. That will save me days for sure.”
Episode 2: Master the Art of Strategic Retail Planning
Are you facing challenges with demand forecasting and assortment planning that are holding your business back? Stop struggling and start using AI-powered retail planning solutions!
Join us now to transform your retail strategy with Centric Planning™! Learn how to:
Make informed product category and assortment development decisions with in-season insights, market trends and customer preferences
Maximize sell-through, revenue and profitability with flexible forecasting models relevant to your product and market context
“Centric Planning enables us to have the right product in the right store at the right time because we are planning in advance. So we are always writing the information at product size / store level based on analytics. Honestly, it's difficult to imagine coming back to Excel spreadsheets because now really with Centric Planning, it's a completely different life.”
Episode 3: Boost Your Bottom Line with AI-Powered Pricing & Inventory Allocation
Effective inventory allocation and strategic pricing are critical to maintaining profitability and customer satisfaction. Retailers must adopt innovative approaches to manage their stock and pricing tactics. Centric Pricing & Inventory™ offers advanced solutions to:
Implement final pricing and product bundling tactics and execute final clearance sales to manage remaining stock and product returns efficiently
Leverage predictive algorithms and automation to streamline pricing, promotions, markdowns and dynamic pricing, ensuring better demand fulfillment
“With Centric Pricing & Inventory, we have been able to increase the gross profit margin by between 2% – 4% with a significantly lower markdown rate. Most importantly, our inventory has not increased as a result.”
Episode 4: Design Smarter, Not Harder with Centric Visual Boards
Ready to take your design process to the next level? Discover how Centric Visual Boards™ enhances your productivity and streamlines your workflow. Visualize your product development like never before with Centric PLM & Centric Visual Boards. Learn how to:
Streamline your design process, improving efficiency and collaboration
Boost your productivity with intuitive, visual tools that simplify complex tasks
Gain real-time insights and control over your product development
We are really impressed with Centric Visual Boards and couldn’t find any other vendor that offers that capability. Merchandising seasons don’t work the same way as product development seasons, but Centric Visual "Boards connect the dots between them and will enable the product development team to define our own seasonality based on the merchandising plan."
Episode 5: Dominate the Market with Smart Planning & Real-Time Market Intelligence
NEW
Proactively and efficiently responding to market demands is essential for retail planning and business performance. Join us as we explore a day in the life of a planner using Centric Planning™ and Centric Market Intelligence™. Our advanced solutions enable your teams to:
Streamline merchandise intake and inventory, ensuring optimal product availability and enhanced customer satisfaction
Leverage cutting-edge AI and machine learning to dynamically adjust development, orders, pricing and assortments
“I was thrilled to see that we had made the investment in Centric Market Intelligence, because I see Centric Market Intelligence as a useful tool to streamline how we view and operate the business as it relates to our positioning competitively—from an assortment standpoint, a pricing standpoint, finding those whitespace opportunities, and really knowing when and how to react to business trends.”
Customer Quotes
“The best thing about Centric is that when you get in there, you're already understanding the flow of the suite, the flow of the platform. We like to have our legacy solution and move to Centric, we will open up a whole world of connection. And that's really the best word to describe it, because not only are we connecting the digital materials, but we're making the process more streamlined, the communication is more connected.”
“Item set-up for us was very complicated with multiple steps, taking a team of two about 2-3 hours. With Centric in place, we simply have to push a button—that is immediate payback in time saved.”
“What we have now with Centric Planning is complete data visibility and a single version of truth across the company. This empowers teams to be more flexible, agile and reactive.”
“Centric Market Intelligence is like having an invisible member on your team to back you up on every decision that you make.”
“We were able to increase the gross profit by 5%, which is even more than we normally achieve. This is proof-of-principle that Centric Pricing & Inventory’s AI can be used very efficiently for dynamic pricing.”
To stay ahead with our latest insights and strategies, please fill out the form below. Here’s what you can expect:
Direct delivery to your inbox: Once each episode goes live, you’ll receive it directly in your inbox.
Get on the list: If you’re interested in any upcoming videos, pre-sign up now to ensure they arrive in your inbox as soon as they are available.
Simply select the videos below you're interested in, provide your details and hit 'Subscribe Now'. You'll be the first to know when new a episode is available.
Discover Our Centric Solutions
Centric PLM™
The unparalleled Product Lifecycle Management tool for consumer goods. It's the key to shrinking time-to-market, enhancing efficiencies, cutting costs and promoting sustainability.
Learn more
Centric Planning™
A pioneering, AI-driven solution for merchandise financial planning, assortment and demand planning. It's made to optimize margins and curtail inventory, marking a new era in retail planning.
Learn more
Centric Pricing & Inventory™
The leading AI-powered tool for price and stock optimization. It expertly balances demand and supply throughout the product's lifecycle, boosting sales and profit margins.
Learn more
Centric Market Intelligence™
A robust tool offering competitive insights into pricing, styles and assortments, while providing valuable consumer buying patterns and trend analysis.
Learn more
Centric Visual Boards™
A suite of interactive, visually dynamic data-driven boards that foster collaborative and informed decision-making – and execution – across merchandising and design.
Learn more
