Latest news with #CentricSoftware
Yahoo
26-06-2025
- Business
- Yahoo
LSPACE Adopts Centric PLM to Streamline Design, Development and Boost Collaboration
California-based beachwear lifestyle brand unifies teams and drives efficiency to speed new products to market with Centric Software CAMPBELL, Calif., June 26, 2025 /PRNewswire/ -- Centric Software® is pleased to announce that LSPACE, the California-based beachwear lifestyle brand, has selected Centric PLM™ to streamline design, development and collaboration. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Founded in California and inspired by the sun, ocean and the effortless ease of coastal living, LSPACE has become a leader in quality, fit and style, an essential in every beach lover's wardrobe. Known for its "feel-good fit," the brand focuses on providing pieces that strike the perfect balance between fashion and function, with designs that flatter everybody and every moment. Recognizing the need to move away from spreadsheets and outdated processes, LSPACE sought a solution to unify its teams while accelerating product creation. "We needed a centralized system that would allow our design and development teams to seamlessly collaborate and bring new products to market faster," says Alissa Bristow, VP of Creative and Design at LSPACE. "After careful consideration, we chose Centric PLM for its flexibility and robust capabilities — enabling us to protect our brand identity while streamlining our processes." Bristow says, "Product data is now housed in one digital space. Team communication is more efficient with all departments including concept, design, development, to SKU creation, CAD, costing and pricing, thanks to Centric PLM. Fabrice Canonge, President of Centric Software says, "LSPACE has chosen Centric PLM to streamline workflows, centralize collaboration, accelerate design and drive innovation across their teams. LSPACE has a sharp and enthusiastic team that will make use of Centric PLM to drive growth now and into the future." Learn more about Centric solutions. REQUEST A DEMO LSPACE ( LSPACE is a California-born beach lifestyle brand renowned for its modern silhouettes, impeccable fits, and innovative designs. Drawing inspiration from laid-back coastal living, the brand offers a range of swimwear, apparel, and accessories that celebrate confidence and style. A favorite of beach enthusiasts worldwide, LSPACE is dedicated to empowering everyone to look—and feel—their best. You can find LSPACE online and at premium retailers nationwide. Centric Software® ( From its headquarters in Silicon Valley, Centric Software provides an innovative and AI-enabled product concept-to-commercialization platform for retailers, brands and manufacturers of all sizes. As experts in fashion, luxury, footwear, outdoor, home, cosmetics & personal care as well as multi-category retail, Centric Software delivers best-of-breed solutions to plan, design, develop, source, comply, buy, make, price, allocate, market, sell and replenish products. Centric PLM™, the leading PLM solution for fashion, outdoor, footwear and private label, optimizes product execution from ideation to development, sourcing and manufacture, realizing up to 50% improvement in productivity and a 60% decrease in time to market. Centric Planning™ is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance, including SKU optimization, resulting in an up to 110% increase in margins. Centric Pricing & Inventory™ leverages AI to drive margins and boost revenues by up to 18% via price and inventory optimization from pre-season to in-season to season completion. Centric Market Intelligence™ is an AI-driven platform delivering insights into consumer trends, competitor offers and pricing to boost competitivity and get closer to the consumer, with an up to 12% increase in average initial price point. Centric Visual Boards™ pivot actionable data in a visual-first orientation to ensure robust, consumer-right assortments and product offers, dramatically decreasing assortment development cycle time. Centric PXM™, AI-powered product experience management (PXM) encompasses PIM, DAM, content syndication and digital shelf analytics (DSA) to optimize the product commercialization lifecycle resulting in a transformed brand experience. Increase sales channels, boost sell through and drive margins. Centric Software's market-driven solutions have the highest user adoption rate, customer satisfaction rate and fastest time to value in the industry. Centric Software has received multiple industry awards and recognition, appearing regularly in world-leading analyst reports and research. Centric Software is a subsidiary of Dassault Systèmes (Euronext Paris: #13065, the world leader in 3D design software, 3D digital mock-up and PLM solutions. Centric Software is a registered trademark of Centric Software, Inc. in the US and other countries. Centric PLM, Centric Planning, Centric Pricing & Inventory, Centric Market Intelligence, Centric Visual Boards and Centric PXM are trademarks of Centric Software, Inc. All third-party trademarks are trademarks of their respective owners. View original content to download multimedia: SOURCE Centric Software
Yahoo
10-06-2025
- Business
- Yahoo
Brenntag Selects Centric PLM to Boost Global Growth and Harmonize Product Data
German chemical and ingredients distributor partners with Centric Software to ensure compliance and streamline ingredients & recipe management CAMPBELL, Calif., June 10, 2025 /PRNewswire-PRWeb/ -- Centric Software® is pleased to announce that Brenntag, the global market leader in chemical and ingredients distribution, has selected Centric PLMTM to streamline new product development and harmonize product data for its food and nutrition division. Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, food service and multi-category retail to achieve strategic and operational digital transformation goals. Brenntag Specialties sought a single source of truth for master data management in its Food & Nutrition business to ensure regulatory compliance across multiple regions. With a strong network of dedicated Innovation and Application centers working daily on satisfying customer requests, Brenntag identified an opportunity to streamline R&D processes. Nutrient calculation and labeling declaration were vital functions to address. For each country where Brenntag operates, there are specific regulatory rules governing permitted ingredients and labeling. Formulation, recipe management, compliance checks, label and artwork management all operate together. They require a streamlined process and reliable, real-time data. "We need a holistic PLM solution to harmonize data and processes across our Food & Nutrition Division in order to ensure that we are agile in developing new products and solutions for our customers, while always guaranteeing the quality and compliance standards our company is renowned for", says Stephanie Pretesacque, Director Innovation and Application at Brenntag. With Brenntag's vast global network of employees, customers and suppliers, a robust global and connected PLM solution is necessary. The ability to operate in multiple languages is essential, and data needs to be updated and available in real-time. After a thorough analysis of a number of PLM solutions, Brenntag selected Centric. One of Centric PLM's key differentiators is its strong integration capabilities with other systems and partners, particularly with FoodChain ID, a popular compliance database and partner of Centric Software. Brenntag also chose Centric for its strong customer references in the food & beverage sector, track record of successful implementations delivering ROI and high user adoption rates. "Centric PLM will empower teams to manage projects more efficiently with real time visibility and a global view of departments, projects and roles," says Maria Sarandeva, Commercial Excellence Director. "Regulatory compliance and sustainability are at the core of Brenntag's brand promise. With PLM, all product information will be stored in one location and we will easily track product development." "We are thrilled that Brenntag has selected Centric PLM as the foundation solution to ensure regulatory, compliance and sustainability across their vast global business network," says Fabrice Canonge, President of Centric Software. "We look forward to a long-term partnership with this pioneering brand committed to innovation and sustainability." [Learn more about Centric Software __title__ Learn more about Centric Software] [Request a demo __title__ Request a demo] Brenntag ( Brenntag is the global market leader in chemicals and ingredients distribution. The company holds a central role in connecting customers and suppliers of the chemical industry. Headquartered in Essen, Germany, Brenntag has more than 18,100 employees worldwide and operates a network of about 600 sites in 70 countries. In 2024, Brenntag generated sales of 16.2 billion EUR. The two global divisions, Brenntag Essentials and Brenntag Specialties, provide a diversified and broad portfolio of industrial and specialty chemicals and ingredients as well as tailor-made application, marketing and supply chain solutions, technical and formulation support, comprehensive regulatory know-how, and digital solutions for a wide range of industries. Brenntag pursues an ambitious sustainability agenda and is committed to sustainable solutions in its own sector and the industries served. Brenntag shares have been listed at the Frankfurt Stock Exchange since 2010, in the DAX since September 2021. In addition, the Brenntag SE shares are listed in the DAX 30 ESG and DAX ESG Target. Media Contact Celia Newhouse, Centric Software, +14385015498, cnewhouse@ Twitter View original content to download multimedia: SOURCE Centric Software Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Value Chain
05-06-2025
- Business
- Fashion Value Chain
Kiğılı Adopts Centric Planning to Boost Retail Innovation
Turkish menswear pioneer Kiğılı has partnered with Centric Software® to fuel its digital transformation and streamline retail planning. As part of this strategic move, Kiğılı will implement Centric Planning™, an AI-powered, end-to-end platform designed to optimize merchandise planning, allocation, and supply chain efficiency across channels. Established in 1938, Kiğılı is a heritage brand with a modern touch, operating 180+ stores in Türkiye and 50+ sales points globally. The shift from Excel-based planning tools to Centric's integrated system will empower Kiğılı to scale operations, align pre-season and in-season planning, and respond more dynamically to market demands. 'With Centric Planning, we're building a strong foundation for scalable and data-driven growth,' said Hüseyin Deveci, Supply Chain Director at Kiğılı. 'This solution will replace manual workflows, unify planning processes, and let our teams focus on strategic initiatives.' Centric Software, known for delivering cutting-edge solutions across fashion, luxury, and multi-category retail, will enable Kiğılı to gain real-time insights into stock allocation, store segmentation, and replenishment cycles. 'Centric Planning stood out during our extensive evaluation for its adaptability and end-to-end capabilities,' added Deveci. 'It's more than a tool—it's a transformation.' Fabrice Canonge, President of Centric Software, commented, 'We're excited to support Kiğılı in their retail evolution, bringing greater speed, accuracy, and agility to their planning ecosystem.'
Fashion Value Chain
03-06-2025
- Business
- Fashion Value Chain
Centric Software Debuts AI Retail Platform at NRF Asia 2025
Centric Software® is unveiling its AI-powered concept-to-commercialization platform at NRF 2025: Retail's Big Show Asia Pacific, taking place from June 3–5 in Singapore. For the second year running, the enterprise tech leader will spotlight its integrated solutions tailored for the consumer goods industry—including fashion, luxury, home, footwear, food & beverage, and cosmetics. Centric's flagship PLM platform, along with tools like Centric Planning™, Pricing & Inventory™, Visual Boards™, Market Intelligence™, and PXM™, delivers real-time, data-driven support for strategic decision-making. These solutions are engineered to meet today's challenges—tariffs, shifting sourcing strategies, compliance pressures, and increasing consumer and sustainability demands. With the retail landscape in Asia undergoing rapid transformation, Centric Software equips brands and manufacturers with agile, AI-infused tools to optimize product development, accelerate time-to-market, and maintain profit margins—even amid disruption. Attendees can visit booth #1007 for demos and consultations across sectors, or catch President Fabrice Canonge's keynote on June 3, 1:45–2:15 PM at Expo Stage 3, titled 'Maximizing Profitability Amid Tariffs and Disruptions.' Customer Highlight: Singapore-based Phoon Huat Pte Ltd. has already adopted Centric PXM to streamline operations and improve speed-to-market. With over 18,000 global users, Centric's retail tech ecosystem continues to drive digital transformation at scale. Book demos or register with a discount: Visit Event Page
Yahoo
15-05-2025
- Business
- Yahoo
Navigating Tariff Turbulence With Pricing Elasticity
Despite their dominance in the news, tariffs are not new. Companies have seen them rise and fall across the globe in the past, always adjusting costs and margins in response. What is new, however, is today's unprecedented rate of dynamic tariff movement—and the colossal tumult it is causing. That means you need a dynamic pricing strategy to adapt to the uncertainty. More from Sourcing Journal Why South Carolina's Textile Manufacturers Want to Talk To Scott Bessent Long Beach Mayor Says It Could Take Months to 'Untangle the Backlog' at Nation's Busiest Port Tech Tactics: Bluecore Brings AI Shopping Assistant Alby to Shopify Retailers 'When things are moving so fast and you don't have a good, certain understanding of what's happening, you need to be a little bit more responsive and agile,' said Ravi Rangan, chief technology officer of Centric Software, in the webinar Tariff Turbulence: Leveraging Technology and Pricing Elasticity to Thrive in 2025. 'It's a little bit like being caught in a fire in the theater. You don't start analyzing what to do; you [just] run for the exit. But you want to be prepared.' Market intelligence tools like Centric Market Intelligence are key to creating a macroeconomic context—providing information on external forces of the market, what's happening, what's trending, what are the competitive forces, not just in your category, but across the industry. First step, noted Jade Huang, VP, strategy & market intelligence, Centric Software, is to set a pricing baseline. This entails examining and reaffirming your specific brand's price positioning and strategy in relation to your competitors, as well as noting how competitive companies build out their respective pricing and assortment architecture, and what changes they might have made over time. How they managed significant disruptive events is especially pertinent. Tracking the basic white T-shirt as an example across a variety of brands, Huang looked at pricing and assortment breadth to spotlight significant clusters and overall philosophy. She found, for example, that ASOS' average price for a white T-shirt was $32.37, among 355 skus of shirts and tops. Gap, in contrast, focuses 52 percent of its white T-shirt assortment in the entry price point of $21 to $25, but with only 23 shirts and top skus (tighter, but still higher than Uniqlo's highly rationalized nine). Meanwhile, H&M, with 71 shirts and top skus, focuses on mass appeal, with 44 percent of its white T-shirts priced between $6 to $10, with entry price point as little as under $5. To understand the shift in prices and strategy over time, Huang then looked at price positioning from Q1 2020 to Q1 2025. This revealed that ASOS had diversified and spread out its risk by expanding white T-shirt price points across $16 to $35 today, instead of the strong $16 to $20 range focus from 2020, thus diversifying from a 41 percent single price point concentration. Major department stores, which source from thousands of small to large brands, also serve as important gauges of larger market shifts. Centric Market Intelligence revealed that in the last month, Macy's raised its average MSRP ticket for white T-shirts 'a whopping $11' from $42 to $53.' Fast-fashion Chinese retailer Shein, which no longer has the under $800 duty-free de minimis loophole on its side, raised its average white T-shirt price from $20 to $29 in just one week in April 2025 (a $9 increase)—a dramatic hike for a brand that has built its reputation on super low prices. Digging deeper, Centric's intelligence interpreted that evergreen items have longer-lasting appeal than fleeting trends, thus justifying the high white tee price hike. With the power to monitor the market and competitors in real time, especially around disruptions like tariffs, 'you can start to have some inferences on how [companies] are thinking about spreading out that cost and passing it to customers,' said Huang. In addition to focusing on external forces and outside competitive analysis, Centric also has tools for companies to look inward and analyze their own operations, something especially important for omnichannel retailers cross-channel in uncertain times. 'In addition to the probing and deep sensing from the outside, there's also the other parts of, how do I organize my product? How do I do the bill of material? How do I pick materials? How do I pick from multiple sources or from my supply chain, or shift supply chains? And how do I track to product development metrics and supply sustainability targets?' said Rangan. Any pricing strategy must also take the consumer into account, from their level of tolerance and their direct feedback. As consumers are managing their disposable income and budgets, smart companies should proactively and transparently communicate price hikes via direct email, website postings and/or social media. Centric's Digital Shelf Analysis (DSA) provides consumer feedback and review insights, which can also factor into the equation. With future and even current tariff levies constantly in flux, Centric tools allow companies to run various 'what if?' scenarios to be ready when disruption occurs. 'I can basically do simulations of different [sourcing and manufacturing] strategies. And within the strategy, simulate different tariff scenarios,' said Rangan. 'Especially if I'm expecting a tariff scenario that I need to be prepared for. So, if [a tariff] does enact in 90 days, then I can pull the trigger on [chosen scenario], and I have at least done my homework, and I can sleep at night.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
