April 21st, 2025

Cosmecca Korea Successfully Implements Centric PLM to Speed New Product Development

South Korean cosmetics manufacturer aims to reduce new product development lead time by 30%

CAMPBELL, Calif., April 22, 2025– Centric Software®, the Product Lifecycle Management (PLM) market leader is pleased to announce that Cosmecca Korea Co Ltd., an Original Global Standard & Good Manufacturing (OGM) specialist has successfully gone live with Centric PLM™. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals.

Cosmecca Korea is a global Original Design Manufacturer (ODM) that collaborates with international clients to provide high-quality products, including cosmetics research and development (R&D) and manufacturing. As a company that prioritizes R&D investment, it allocates approximately 3% of its annual revenue to R&D, developing a wide range of products, including premium formulations and raw materials, under its “Total Service” model.

In 2023, Cosmecca Korea selected Centric PLM to stay ahead of competitors by boosting product development efficiency and optimizing the manufacturing process. With Centric PLM in place, teams at Cosmecca Korea are already enjoying the benefits.

“The most noticeable advantage of using Centric PLM is the ability to access all important information and documents for product development in one place, significantly improving efficiency. It is also easier to address issues early on as we can see where a product is delayed in the Work Breakdown Structure (WBS) within the system,” says a Cosmecca Korea representative.

A representative adds, “Centric PLM fosters greater synergy between Sales and R&D teams through improved accuracy of development briefs and increased visibility of project progress. This has significantly reduced lead times, resulting in increased client satisfaction.”

Cosmecca Korea has streamlined global and national regulatory compliance using Centric PLM. “Centric PLM ensures that each developed formulation meets regulatory requirements and supports a rigorous quality verification process. This allows us to proactively understand corporate and national regulations, improving accuracy in the product development process.”

By managing the product cost of R&D in Centric PLM, Cosmecca Korea’s research, Sales, R&D and Pricing teams can now process their work more quickly and accurately.

“The ultimate goal is to reduce product development lead time by 30% and improve the product FIX rate by 20%. We have full confidence that Centric PLM will help us to achieve this,” concludes a Cosmecca Korea representative.

“We are delighted that Cosmecca Korea has successfully gone live on Centric PLM,” says Fabrice Canonge, President of Centric Software. “Cosmecca Korea is a true innovator in the cosmetics space, and this partnership will empower them to focus on delivering world-first products and be the leader in the industry. We are proud to partner with them in their business now and into the future.”

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Cosmecca Korea (www.cosmecca.com)

Since established in 1999, Cosmecca Korea is the leading expert in cosmetic research and development, as well as in production and manufacturing, due to our unrelenting innovative spirit and our globally recognized research capacity and high quality standards. Our bestsellers of Cosmeceutical, Hair loss, Triple-function BB cream, Tone-up, Anti-Pollution, and Zeta potentials products are leading the global beauty industry by inspiring creativity. Currently, it operates Chinese and American subsidiaries, has an annual production capacity of 826 million units based on its global network, and has grown as reliable partner for our global clients, based on our cutting-edge systems and technology.

Centric Software® (centricsoftware.com)

From its headquarters in Silicon Valley, Centric Software provides an innovative and AI-enabled product concept-to-commercialization platform for cosmetics & personal care manufacturers, brands and multi-category retailers. As experts in all fast-moving consumer goods, Centric Software delivers best-of-breed solutions to design, develop, source, comply, buy, make, package, price, allocate, market and sell products. Centric solutions optimize the product portfolio, harmonize product offers and streamline product development by speeding time to market and innovation while enhancing quality control and ensuring regulatory compliance.

Centric PLM™ features integrated industry best practices and innovative, AI-enabled capabilities tailored specifically for cosmetics & personal care manufacturers and retailers. Seamlessly manage the overall product lifecycle, from initial concept and formula development to packaging, quality, supplier collaboration, labeling, production, SKU rationalization and beyond. Results include up to a 50% improvement in productivity and a 60% decrease in time to market.
Centric Visual Boards™ are a visually oriented product portfolio optimization tool. A singular accessible workspace pulls in real-time data and imagery from multiple business systems. It is a new, visual way of working to ensure robust, consumer-right product offers, dramatically decreasing assortment development cycle time.
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 PXM™, AI-powered product experience management 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.