Centric PLM
Fashion & Apparel
Multi-Category Retail
Footwear
Outdoor & Sports
Consumer Goods
OEM & ODM Manufacturers
Home Décor & Furniture
Food and Beverage
Cosmetics & Personal Care
Consumer Electronics
Centric Pricing & Inventory
Increase Profitability with AI-Powered Predictive Pricing and Inventory
Maximize margins by optimizing pricing to influence demand.
Accelerate growth by aligning customer demand with accurate supply.
Sell more with less inventory and reduce discounting.
Designed for the world’s top fashion, apparel and home brands and retailers
including omnichannel, wholesaler and e-commerce.
Make concrete impact with fast time to value for fashion, apparel and footwear brands and retailers
6-18%
growth in sales
4-15%
improved gross margin
5-30%
reduced working capital
50%
decrease in personnel costs
Create, influence and fulfill demand.
Move away from product shortages and surpluses to balanced inventory levels, higher sell-through and increased margin.
Price Optimization
Inventory Optimization
Lifecycle Pricing:
Develop the optimal price for seasonal products from launch, all the way through to markdowns.
Dynamic Pricing:
Quickly adjust e-commerce pricing for infinite stock items based on market reactions.
Competitive Pricing:
Compare pricing against competitors for key items and automate price changes in response to competitor strategies.
Initial Allocation:
Automate, based on demand forecast, the initial supply of new and seasonal articles across stores, channels and locations.
Replenishment:
Enable demand-driven replenishment to ensure a continuous supply of articles to prevent stockouts while avoiding over purchase of inventory.
Stock Rebalancing:
Balance stock across the entire business, find profitable transfer options and identify the best locations to sell to reduce the need for discounting.
Want to learn more about Centric Pricing & Inventory?
Explore Centric’s AI-driven Pricing and
Inventory Optimization Solution
Move towards predictability, automation and adaptability to drive smarter decision making to ensure prices, promotions, product placement and inventory levels align with customer demand. Minimize missed sales revenue, stockouts and overstock, and increase customer satisfaction.
Facilitate in-season optimization
Set initial allocation and pricing based on the Merchandise Financial Plan and adjust plans in-season depend on market reaction, competitors' strategies and a number of external factors. Capitalize on products in high demand with price increases and create demand through pricing changes for slower moving items.
Improve sell-through and increase sales
Optimize pricing across various stages of the retail lifecycle. Create and influence demand for slow moving products through pricing strategies and fulfil that demand with powerful allocation and replenishment tools. Reduce inventory and increase sell through to drive sales.
Drive sustainability with effective inventory management
Predict future demand and replenishment needs for products so teams can price, allocate, replenish and reorder more profitably for an unlimited number of SKUs. Reduce overstock to align with sustainability goals.
Focus on automation for smarter decision making
Work smart and enable AI to predict future demand for any product in any location and then automate the work of pricing and replenishing every single product. Multiply human effort by combining both artificial and human intelligence.
Discover how teams increase profitability with our Pricing & Inventory platform.
Request a demo