Centric Planning Named in Gartner’s Market Guides for Retail Assortment Management Solutions

Gartner recommends that retailers replace spreadsheet-based systems and implement RAMA solutions from best-in-class technology vendors. These vendors have the expertise and resources to deliver highly sophisticated AI-driven solutions.

The reports both also note that brands and retailers should leverage the AI capabilities of competitor and market intelligence tools and seek RAMA solutions designed around customer behavior. According to their research, by 2025, the top 10 retailers globally are expected to leverage AI for prescriptive product recommendations and inventory deployment.

Gartner lists Centric Software® in their list of representative vendors for retailers to consider when searching for a technology provider, specifically mentioning Centric Planning.

Designed for retailers, Centric’s data and AI-driven planning solution handles enormous SKU and omnichannel complexity and enables retailers to work closer to sustainability targets.

The solution is flexible, highly configurable and has proven ease of adoption, offering the ability to slice and dice in any direction through multiple data layers for easily customizable views and instant analysis.

Its modern architecture platform delivers powerful performance and scalability for faster planning, with more information and instant consolidation and can easily scale up to meet growing business requirements.

Integration with Centric Market Intelligence™ provides sophisticated, AI-driven analysis of up-to-date competitive products, pricing data and market trends to inform retail assortment decision-making.

Centric Planning is:

• Cloud-native and fast to crunch numbers and data.
• A scalable, flexible and configurable platform with built-in AI best practice.
• Easy to use, configure and adopt, with a highly visual, responsive user interaction.
• A planning solution designed by retailers for retailers with fast time to value and proven ROI.
• Able to represent complex omnichannel and vertically integrated supply chain models for process optimization.

The platform provides sophisticated, data-driven assortment recommendations grounded in transparent and logical reasoning. It offers actionable insights with clarity and precision and clear goal orientation with a sign-off date and progress tracking.

Centric Planning utilizes advanced algorithms to analyze sales data, customer preferences and product performance. It offers smart recommendations for optimizing assortments, focusing on key products that drive sales and eliminating underperforming options.

Its AI capabilities and method library constantly evolve, providing increasingly intelligent suggestions and recommendations and extending the possibility of automating the planning process.

Centric Planning is part of the Centric solutions ecosystem, which includes Centric PLM™, Centric Market Intelligence, Centric Pricing & Inventory™ and Centric Visual Boards™. Centric’s open API enables easy integration with enterprise solutions from other vendors, such as ERP and supply chain systems.

This enables brands and retailers to work with one single vendor for product concept-to-replenishment processes for fashion and consumer goods, or to easily leverage Centric Planning’s powerful capabilities in combination with their existing systems on a single platform interface.

The conclusion of Gartner’s research is loud and clear: RAMAs are an essential tool for modern retailers and retailers are advised to assess the offerings of best-of-breed technology providers, such as Centric Planning.