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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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German sports nutrition, dietary supplement & reduced-sugar products enterprise partners with Centric Software to accelerate new product development and ensure compliance
CAMPBELL, Calif., September 3, 2024 – Centric Software® is pleased to announce The Quality Group (TQG) has selected Centric PLM™ to drive international growth, accelerate new product development and ensure compliance. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell fast-moving consumer goods products in food & beverage, grocery, cosmetics & personal care and multi-category retail to achieve strategic and operational digital transformation goals.
Located near Hamburg, TQG delivers high-quality products made in Germany that enhance health and performance. The group develops, manufactures and markets three flagship brands: ESN, More Nutrition and Foodist. Leveraging a unique digital direct-to-consumer and social commerce business model, TQG has expanded swiftly, resulting in annual sales exceeding €680 million and a team of over 1200 employees.
TQG’s passion for creating innovative products and its ambitious international growth strategy set them on a quest for a digital transformation solution.
“As we embark on a company-wide business transformation, we identified an opportunity to develop digital product management expertise,” says Nicolas Lother, Chief Product Officer at TQG. “Our rapidly expanding portfolio and growth model adds a level of complexity to our business, and we need a best-in-class PLM solution to speed-up the process.”
TQG sought a digital solution to enhance product management, streamline specification management for formulated and finished goods, accelerate product development, and improve recipe management and bill of materials (BOM) handling.
“The PLM solution needs to optimize the entire lifecycle for multiple brands, markets and sales channels,” shares Nicolas Lother. “After assessing various solutions, we chose Centric PLM for its robust functionality, user-friendly interface and customer references from our industry. We were impressed by Centric Software’s comprehensive approach and responsiveness throughout the selection process, setting up demo sessions and use-cases.”
“We are in a competitive, rapidly changing industry and need to constantly develop new, high-quality products that we can get to market quickly,” says Nicolas Lother. “Our entire sales and business models are transforming, and we are confident Centric is the right partner to support our evolution and growth.”
“We are proud to welcome TQG to the Centric Software family,” says Chris Groves, CEO of Centric Software. “We are excited to support TQG’s business and digital transformation and look forward to nurturing this winning partnership over the long term.”
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The Quality Group (www.tqgg.de)
The Quality Group stands for quality and innovation and is Germany’s leading company for sports nutrition, dietary supplements and low-sugar, high-protein products. We unite the brands ESN, More Nutrition and Foodist under one roof.
By using first-class ingredients from strictly controlled suppliers and state-of-the-art technologies and production processes, we ensure that our products meet the highest quality standards “Made in Germany”.
Our products combine maximum functionality and taste to help our customers achieve their sports and health goals without compromising on enjoyment.
We aim high and go the extra mile to find innovative solutions in product development and deliver outstanding products to our customers.
With an experienced leadership team at the helm, our dynamic, highly motivated and passionate team offers room for professional development, accountability and innovative ideas.
Our unique digital direct-to-consumer & social commerce business model is built on long-term, close business relationships with our influencers and athletes, whose passion for our products contributes significantly to our success.
As a company that is continuously professionalizing and developing its structures, we have successfully established ourselves as a leading player in our industry.
With a recent annual turnover of 680 million euros, we are on a strong growth path.
Centric Software® (https://www.centricsoftware.com/)
From its headquarters in Silicon Valley, Centric Software provides the market-leading AI-enabled Product Lifecycle Management platform for food & beverage manufacturers, grocery and multi-category retailers. As experts in all fast-moving consumer goods, Centric Software delivers best-of-breed solutions to design, develop, source, buy, make, package, assort and sell products. Centric solutions optimize the product portfolio, harmonize product offers and streamline product development by speeding time to market and innovation while enhancing quality control and ensuring regulatory compliance.
Centric Software maintains a 100% go-live rate and has received awards for excellence from Just Food, Just Drinks, Business Awards UK, Frost & Sullivan and many other regional accolades. Centric Software is proud to provide the best solutions, backed by the best team and to partner with the best customers.
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