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Wolverine Worldwide Talks Cost Reduction & Efficiencies with PLM

In the competitive world of footwear, executives are keenly aware of the need to stay ahead of market trends and manage resources effectively.

Product Lifecycle Management (PLM) emerges as the ultimate solution, empowering executives to craft winning product assortments, boost sales and maximize margins. Say goodbye to stockouts and lost sales by mastering inventory levels, both online and in-store, with precision. 

Join Lucas Tournier, Vice President of Global Costing, and Jon Paul Trudeau, Vice President of Product Operations, from Wolverine Worldwide, for an exclusive roundtable discussion on AI for planning, sourcing, pricing and inventory management. The discussion will be moderated by Matt Priest, CEO and President at FDRA. Learn how these tools enhance cost-efficiency, sustainability and long-term success. Wolverine, a leader in innovative footwear, will share insights on leveraging Centric PLM™ to stay ahead.

Explore how major footwear powerhouses, like Rothy’s, Clarks, ECCO, Allbirds, Saucony, Christian Louboutin, Camper, Skechers, ariat, FILA, Carhartt, Inov8, On Running, NOBULL, FootJoy, Mizuno, Under Armour, ASICS, Keen, Crocs and more have streamlined their time to market significantly. Moreover, they’ve achieved remarkable feats within footwear operations by: 

💰 Boosting product profit margins by up to an impressive 21%
🚀 Stepping up PLM process efficiency by up to a remarkable 66%
⏱️ Speeding up product development time by up to a significant 38%

 

Discover our Centric Solutions: 

Centric PLM: The unparalleled Product Lifecycle Management tool for consumer goods. It’s the key to shrinking time-to-market, enhancing efficiencies, cutting costs and promoting sustainability.

Centric Planning™: A pioneering, AI-driven solution for merchandise financial planning, assortment and demand planning. It’s made to optimize margins and curtail inventory, marking a new era in retail planning.

Centric Pricing & Inventory™: The leading AI-powered tool for price and stock optimization. It expertly balances demand and supply throughout the product’s lifecycle, boosting sales and profit margins.

Centric Market Intelligence™: A robust tool offering competitive insights into pricing, styles and assortments, while providing valuable consumer buying patterns and trend analysis.

Centric Visual Boards™: A suite of interactive, visually dynamic data-driven boards that foster collaborative and informed decision-making – and execution – across merchandising and design. 

 

Seeing is believing, 👀 what our customers are saying… 

“When Crocs first started to work with Centric 8, there was a perception inside the organization that it was just a product system. What we’ve been able to do in the last couple of years is really change that philosophy and we’ve really seen Centric 8 become the heartbeat of the organization.”  

Senior Design Manager | Crocs 

“Sustainability is important to our industry and people are looking for it. More and more environmental components are becoming available and that changes all the time. Without tools like Centric PLM, it is really hard to be able to trust that every shoe along your supply chain meets that standard if you don’t have that visibility.” 

Senior VP of Global Operations | Wolverine Worldwide

“Entering styles in the system used to take the Snow team two weeks, and it now takes them a day and a half – almost 7x faster than the old way.  

Global Head of IT | Volcom

“The fact that you can eliminate the 14 different places that everybody’s having to update, and have one central source of truth that can also then feed your other systems, is amazing. We’re at about 97% and it’s been transformative for our teams.” 

COO | Rothy’s