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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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New Centric PLM™ v7.5 automations enhance teamwork and streamline process to drive efficiency and agility
CAMPBELL, Calif., July 28, 2022 – Centric Software®, the Product Lifecycle Management (PLM) market leader, introduces industry-driven new tools for food & beverage retailers, brands and producers to overcome market challenges with its latest release, Centric PLM v7.5. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals.
“The food and beverage industry is particularly sensitive to supply chain disruption, and is confronting other market disruptions, such as the shift towards hybrid working, price fluctuations and rapidly changing consumer preferences,” says Ron Watson, VP of Product at Centric Software. “Centric PLM brings teams together in one digital location with access to real-time product go-to-market data to make decisions, work collaboratively and react swiftly to roadblocks. Working closely with our innovation partners and Customer Advisory Board, we have developed features in the latest release of Centric PLM that further enhance collaboration, automation and security.”
Centric PLM is an ‘open platform’ software that integrates with many third-party systems, including 80+ ERP solutions, multiple CAD/3D solutions, PIMs, e-commerce platforms, 100+ APIs, communication tools such as Slack, and many more. Users can pull in a rich variety of information and work in other programs while connected with Centric PLM. Centric PLM v7.5 introduces Microsoft Teams integration, enabling users to chat seamlessly within Teams while also working in PLM to communicate more effectively and action a ‘one version of the truth’ approach. On the sourcing front, the new Supplier Support Request feature improves supplier collaboration with the ability to generate supplier requests at the Food level, SKU level or Raw Materials level.
“Product development and launch challenges are usually caused by a lack of information or difficulties in communication,” says Ms. Wang Xiaofen, Head of Product at Starpro. “Multiple teams will work on products together in real time with Centric PLM, and we will be able to collaborate with suppliers to develop products faster and more accurately.”
The latest Centric PLM release debuts user-friendly automation tools for food & beverage companies to eliminate steps in daily processes and save time. These include data package templates for foods, SKUs and formulated materials and a recipe tool that allows users to import recipes quickly and accurately from an outside source into Centric PLM with a simple copy/paste action.
As most companies now have teams working remotely from different devices and with security breaches and phishing attacks on the rise, Centric Software has also introduced a critical layer of security with multi-factor authentication to log in to Centric PLM v7.5.
“We work hand and hand with our customers to continue to evolve Centric PLM as market conditions change,” says Chris Groves, President and CEO of Centric Software. “The new release innovates collaboration, automation and security with additional tools that will enable food and beverage brands, retailers and manufacturers to face challenges head-on.”
Learn more about Centric’s latest release for Food & Beverage retailers, brands and producers.
Centric Software (https://www.centricsoftware.com/)
From its headquarters in Silicon Valley, Centric Software® provides a Product Concept to Replenishment Digital Transformation Platform for fashion, retail, footwear, luxury, outdoor, consumer electronics and consumer goods including cosmetics & personal care and food & beverage. Centric’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’s Visual Boards offer highly visual digital board experiences for collaboration and decision-making. Centric Planning is an innovative, cloud-native solution powered by the Armonica platform, that delivers an end-to-end retail planning process designed to maximize retail business performance. Centric Software pioneered mobility, introducing the first mobile apps for PLM, and is widely known for connectivity to dozens of other enterprise systems including ERP, DAM, PIM, e-com, planning and more as well as creative tools such as Adobe® Illustrator and a host of 3D CAD connectors. Centric’s innovations are 100% market-driven with the highest user adoption rate and fastest time to value in the industry. All Centric innovations shorten time to market, boost product innovation and reduce costs.
Centric Software is 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 in 2013, 2015 and 2016. Centric also received various excellence awards from Frost & Sullivan in 2012, 2016, 2018 and 2021.
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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