Centric Software sprints forward with fast, easy and smart retail planning

Centric Planning is part of Centric Software’s newly unveiled customer experience concept of product solutions to drive go-to-market innovation and value creation for consumer goods retailers, brands and manufacturers. Centric Planning is the best solution in its own right, delivering easy-to-use and visually driven planning of finance, merchandise and product portfolios, as well as store and supplier forecasting for seamless and fast pre-season and in-season execution. rotatable. Like all Centric solutions, Centric Planning integrates easily with other business systems. Centric Planning’s sophisticated AI/ML engine drives strategic decision making and optimizes SKU and omnichannel management by leveraging advanced analytics and forecasting. Its cloud-native SAAS architecture allows for high-speed processing and powerful performance, even when handling large amounts of data.

Centric Planning allows brands and retailers, especially those with high volumes of SKUs, to disrupt their markets with new and modern ways to efficiently execute their merchandise planning. Its highly configurable, out-of-the-box, modular approach enables brands and retailers to perform their merchandising planning in the same solution environment as their assortment, allocation, replenishment and demand planning, providing a competitive and strategic end-to-end approach to retail planning.

Centric Software recently welcomed leading retailers from around the world such as PVH Europe, Triumph, Blue Star Group, Style Union, Bestseller Fashion Group China, LPP, Magazine Zum Globus, Trespass and Gap China as new Centric Planning users, demonstrating a strong market response to its strong capabilities and strategic value. These new users join a strong list of leading fashion retailers who have already adopted the solution, such as Guess, Replay, About You and many more. ROI and benefits mentioned by users include the following:

  • 200+% increase in operating margins
  • 75% reduction in planning cycle
  • Synchronized top-down and bottom-up planning processes
  • Accelerated time to market by 2 weeks
  • Reduction of logistics costs
  • Greater employee satisfaction
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Additionally, clients report a 100 percent user adoption rate thanks to Centric Planning’s intuitive interface and best-in-class combination of visual and data-driven planning.

Iconic fashion retailer Guess implemented Centric Planning in 2021 and is experiencing the benefits of the solution’s flexibility, improved visibility, powerful data management capabilities and ability to integrate with other business systems, reporting an increase of over 200% to their operating margins.

“Without Centric Planning, our job would be impossible today.” says Daniel Botey, Vice President of Global Inventory Management at Guess Europe Sagl. “It’s a facilitator for us to get the product to the right channels on time. That’s huge for us. The feedback from all the users is really positive; they like the tool. It’s very intuitive.”

Pedro MonteiroGlobal Sales Planning Lead for new customer, Triumph, says, “We experienced a superior planning technology solution and Centric customer referrals shared positive feedback, including rapid implementation, high user adoption and quick, tangible business results. We also liked the way Centric Planning was built. for the omni-channel age. With Centric Planning, we expect to be far more agile in two key areas – forecast accuracy and time to market by speeding up all aspects of the planning process and quickly responding to market changes.”

“We are constantly innovating and working in partnership with our customers to develop features that best meet their needs and goals,” says Riccardo Proni, VP, Planning R&D at Centric Software. “Over the past twelve months, we’ve added nearly 100 new features to Centric Planning. For example, brands and retailers can now plan assortments by combining visual product data pulled from any PLM with Centric Planning’s number-crunching capabilities using Visual Assortment Board for Planning, one of our interactive Centric Visual Boards.”

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“We are proud to say that Centric Planning is going from strength to strength, with the addition of many new customer and market-driven features to enable an omnichannel, consumer-centric approach to planning that fits into a seamless concept for customer experience.” say Chris Groves, CEO of Centric Software. “Centric Planning is a future-proof solution and we are proud to partner with leading brands and retailers to continue to innovate in response to market needs.”

Learn more about Centric Planning

See Centric solutions in action at NRF 2024, booth #6257

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Media contact

Aurora EveeCentric Software, +16479155377, [email protected]www.centricsoftware.com

SOURCE Centric Software