August 5th, 2024

Jaspal Group Partners with Centric Software to Accelerate Time to Market

Leading ASEAN fashion and lifestyle retailer selects Centric PLM to enhance efficiency, reduce costs and drive sustainable growth

CAMPBELL, Calif., August 6, 2024 – Centric Software® is pleased to announce that the fashion and lifestyle retailer, Jaspal Public Company Limited or Jaspal Group, has selected Centric PLM™ to drive efficiency and value creation. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals.

Founded in 1947, Jaspal Group is a distinguished player in the fashion and lifestyle retail industry and is headquartered in Bangkok. With a diverse portfolio of both in-house and imported brands, Jaspal Group has grown to manage over 475 stores and distribution points across Thailand and Southeast Asia, as well as through e-commerce sites. The company’s in-house brands include Jaspal, CPS Chaps, Lyn, CC Double O, Lyn Around, Jelly Bunny, Misty Mynx, Royal Ivy Regatta, Quinn, Shoebar and CPS Coffee. Additionally, Jaspal Group distributes world-class brands such as Fred Perry, Asics, Diesel, New Era, Champion, Mango, Camper and Marimekko.

With over 77 years of establishment, Jaspal Group is planning an exciting expansion in Southeast Asia that requires sustainable scaling and greater efficiency. Daniel Yeung, Chief Technology Officer of Jaspal Group, explains why they require the market-leading system to address these challenges, “To enable growth, we need to get the fundamentals right, such as centralizing our product data and enhancing our automation and collaboration tools. This will give us a competitive advantage to bring products to market faster in this economic climate.”

As part of its relentless effort to embrace new technology, Jaspal Group made the decision to look for an all-encompassing digital solution that will truly streamline the entire product development process. “We recognized that implementing a sophisticated, industry-standard PLM solution would allow us to understand our products better, improve forecasting and make data-driven decisions,” Yeung comments.

After reviewing other PLM solutions, Jaspal Group chose Centric PLM for its advanced capabilities, built-in best practices and proven track record as the leading PLM for the fashion and apparel industry. “We chose Centric PLM because it is the recognized PLM leader in the fashion industry. Not only are we looking for the best software on the market, but we also plan to leverage Centric’s industry best practices to improve our processes. The solution fits our business requirements perfectly,” adds Yeung. “The Centric team has been fully engaged and knowledgeable throughout the process.”

Centric PLM will standardize all product-related data and processes for designers, merchandisers, buyers, sourcing and quality control teams, ensuring that everyone works from the same centralized and accurate data, minimizing errors and delays.

Jaspal Group anticipates significant benefits from implementing Centric PLM, particularly in three key areas. “We expect Centric PLM to shorten time-to-market, reduce costs and improve product quality,” says Yeung. “In the long term, we are confident that Centric PLM will be invaluable in driving product innovation and growth. We look forward to working with Centric to roll out Centric PLM and leverage its benefits this year.”

“We are thrilled to embark on this journey with Jaspal Group to support their goals of greater efficiency and faster time to market,” says Fabrice Canonge, President at Centric Software. “Centric PLM is designed to meet the unique needs of the fashion and retail industry, and we look forward to watching Jaspal Group expand in Southeast Asia with our technology as their backbone.”

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Jaspal Group (www.jaspalgroup.com)

Jaspal Group or Jaspal Public Company Limited operate a fashion and lifestyle retail business, including the business of manufacturing and distributing mattresses, bedding, home furnishings, and furniture. With more than 77 years in operation, Jaspal Group has followed the vision of being a leader in the lifestyle fashion business and bringing happiness to millions of people around the world.

Jaspal Group has always stayed in tune and ahead of trends to offer fashion and lifestyle products through a diverse portfolio of brands. The brands owned by the company (In-House Brand) are Jaspal, CPS Chaps, Lyn, CC Double O, Lyn Around, Jelly Bunny, Misty Mynx, Royal Ivy Regatta, Quinn, Shoebar and CPS Coffee. Jaspal Group also imports and distributes both in Thailand and many ASEAN countries for many world-class fashion brands (Import Brand) including Ipanema, Fred Perry, Melissa, Asics, Diesel, New Era, Champion, Mango, Camper, and Marimekko. The company has 475 stores (as of June 2023) and distribution points in leading shopping centers and department stores covering both domestic and international markets. It also has a large online presence through websites and many marketplace platforms.

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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 fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail, 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 fashion, outdoor, footwear and private label, optimizes product execution from ideation to development, sourcing and manufacture, realizing up to 50% improvement in productivity and a 60% decrease in time to market.
Centric Planning™ is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance, including SKU optimization, resulting in an up to 110% increase in margins.
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 competitively and get closer to the consumer, with an up to 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, dramatically decreasing assortment development cycle time.

Centric Software’s market-driven, best-of-breed 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, appearing regularly in world-leading analyst reports and research.