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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 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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A product licensing company drives order into their business
CAMPBELL, Calif., November 8, 2022 – Centric Software® is delighted to announce the release of a success story about its customer, Bioworld Merchandising.
Headquartered in Irving, Texas, Bioworld was founded in 1999. A global manufacturer of pop culture products from head to toe—hats, shirts and socks—and closet to kitchen—throw blankets to mugs. Big name entertainment entities familiar to everyone like Star Wars, Marvel, and Disney are just a sampling of their licensors.
The company grew, increasing in complexity due to the depth and breadth of product offerings and the different channels they serve—wholesale, B2B and DTC. Bioworld wanted to replace their old PLM with a modern platform that integrated with other existing business systems.
Due to the pathway that licensing takes, approvals must be tracked. Nathan Grant, VP of Growth at Bioworld says, “[Centric PLM] plays a role in our approval workflows. It’s how we exchange hands internally. When designers have items that they need to pass to our internal licensing team that manages the main communication, it goes through Centric. If I need to get a billboard or a piece of art approved by our customers, they also approve that through the system.”
In just a year and a half, there are already over 101,000 individual products in Centric PLM.
An important consideration in any technology, is ease of use—if the software is difficult or even cumbersome, people just won’t engage. Grant says, “The tool is so user friendly. The minute you get into it, you need very little direction on how to navigate, how to find things. And the views are set up in a way that we can curate it… this system is so smart. It wants you to click on a piece of this chart and when you click on it—whoa, look at what that does! The dynamic charts are one of the things that just blew everybody’s mind.”
To find out what else Grant and IT Program Director, Patrick Flanagan have to say about how PLM technology has driven efficiency into Bioworld’s processes, get the details in the success story!
Bioworld (www.bioworldmerch.com)
Bioworld Merchandising is a pioneer of pop-culture products and the leading global manufacturer of licensed apparel and accessories for 20 years. We have led the way for over two decades because we look at the licensing industry differently — from the fan’s point of view.
We design into 20 product categories and offer complete retail distribution at every tier—all to help fans connect at every price point, style, and trend. With 150+ product design experts, we have entire teams to cover every product category. We’re able to create custom assortments at every level of retail, so your brand can make the biggest statement and impact. We boast a global sales force and handle everything from marketing to engagement. All tailored completely to the unique needs of each brand.
Headquartered in Texas with offices worldwide and a global team of 500 employees, we own the supply chain—from manufacturing to distribution and every step in between. Our partners know we aren’t just one solution. We’re THE solution.
About Centric Software (www.centricsoftware.com)
From its headquarters in Silicon Valley, Centric Software provides a product concept to launch platform for consumer goods such as fashion, retail, footwear, luxury, outdoor, consumer electronics, cosmetics & personal care and food & beverage. Centric Software’s flagship Product Lifecycle Management (PLM) platform, Centric PLM, delivers enterprise-class merchandise planning, product development, sourcing, quality and product portfolio optimization innovations specifically for fast-moving consumer industries. Centric Digital Boards offer highly visual, touch-screen experiences for collaboration and decision-making. Centric Planning is an innovative, cloud-native, augmented-intelligence solution delivering end-to-end retail planning to maximize retail and wholesale business performance. Centric Market Intelligence, powered by StyleSage, is an AI-driven market insight platform for data-informed decision-making on pricing and product assortments to maximize revenue and margins. Among many other market-driven innovations, Centric Software is widely known for its connectivity to dozens of other enterprise systems, including ERP, DAM, PIM, e-com and more, in addition to creative tools such as Adobe® Illustrator, a host of 3D CAD connectors and sustainability tools, such as HIGG. Centric Software has the highest user adoption rate, customer satisfaction rate and fastest time to value in the industry.
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 several times. Centric also received five excellence awards from Frost & Sullivan over the past decade.
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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