Centric Software’s product concept-to-commercialization solutions future-proof brands, retailers and manufacturers against uncertainty caused by tariffs and other market disrupting activity. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, comply, buy, make,
price, allocate, market, sell and replenish products such as fashion, luxury, footwear, outdoor, home, food & beverage and cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals.
With the recent burst of tariff activity and market volatility, fast-moving consumer goods companies and retailers are faced with widely fluctuating costs and questions about pricing strategies. Real-time access to data becomes crucial in today’s circumstances.
Agility is necessary for maintaining market relevance amid shifting market conditions. Centric Software’s wider end-to-end product lifecycle platform, Centric PLM™ integrates with Centric Planning™, Centric Pricing & Inventory™, Centric Market Intelligence TM and Centric PXM™. All Centric Software solutions, infused with AI optimization as a natural evolution of trusted rule-based methods, target the unique challenges faced by the retail sector and deliver comprehensive, data-driven decision-making for modern retail operations.
Ravi Rangan, CTO at Centric Software states, “If you’re seeing oscillations in cost of goods sold, it causes much uncertainty. You don’t know how to respond, and things are changing by the day.” He continues, “We have tools at our disposal; in addition to Centric PLM for sourcing strategies and what-iffing, Centric Market Intelligence gives us the ability to really understand competitive prices and market trends, Centric PXM gets the feedback from digital & social marketplaces and Centric Pricing & Inventory models price elasticity. With these tools, we’re able to bring some of the unknown-knowns and the known-unknowns into the known-known arena.”
Companies can revamp their offerings or develop new products that cater to evolving consumer demands to mitigate the effects of higher COGS with the right information.
Underpinning the entire platform is Centric PLM which serves as a centralized digital backbone for end-to-end product development and go-to-market execution, empowering businesses with the visibility, agility and control needed to thrive amid global disruptions. With Centric PLM, cross-functional teams can instantly access detailed product, sourcing and cost data in real time to simulate tariff scenarios, assess landed cost impacts—including fluctuating raw material prices, duties and shipping fees—and pivot sourcing strategies to protect margins and maintain supply chain resilience.
“The Centric Software approach is making the unknown actionable, so brands can respond with clarity and speed,” says Chris Groves, CEO of Centric Software. “We turn complexity into opportunity, lead with data and act fast to connect decisions across the product lifecycle. Our goal at Centric Software is to equip brands retailers and manufacturers to continuously sense market pulses, recalibrate rapidly and position themselves ahead of the competition.”
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