As digital transformation reshapes global operations, product lifecycle management (PLM) platforms are gaining traction among businesses aiming to improve speed, efficiency, and competitiveness. Centric Software’s PLM tools are seeing increased adoption, particularly in the fashion and retail sectors.
Enhancing Product Development Efficiency
Centric PLM is designed to streamline product design and development, helping companies reduce time-to-market and improve collaboration. Companies like Wolverine Worldwide have reported operational gains following PLM implementation, citing faster product rollout as a key benefit.
Integrating AI to Optimize Inventory and Pricing
Centric Software has expanded its platform with AI-powered features that support inventory management and pricing strategies. Apparel brand Tommy John attributes a significant increase in SKU volume and process efficiency to these AI enhancements.
Market Intelligence for Data-Driven Decision Making
The Centric Market Intelligence module offers competitive analysis and consumer trend insights. Brands such as Everlane use this functionality to align pricing and product strategies with real-time market data, improving decision-making in fast-moving retail environments.
Sustainability and Regulatory Alignment
Centric’s platform also supports sustainability initiatives by helping brands track compliance and environmental impact. Companies like Freda and Gurmen Group have adopted Centric PLM to better manage sustainability metrics and regulatory requirements.
Strategic Considerations for Retailers
For retailers navigating evolving consumer expectations and operational complexity, PLM platforms like Centric’s provide scalable tools to manage product lifecycles. By integrating such digital solutions, businesses can increase responsiveness while maintaining compliance and efficiency.
For more information on Centric Software’s capabilities and client use cases, visit their official website.
