MOUNTAIN VIEW, Calif., Nov. 17, 2016 /PRNewswire/ -- Based on its recent analysis of product lifecycle management (PLM) software for the retail, apparel, and fashion industries, Frost & Sullivan recognizes Centric Software with the 2016 Global Customer Value Leadership Award. Centric Software's flagship Centric 8 Platform boasts innovative technology capabilities couched in a simple design, enabling collaboration across every division in the value chain. The solution provides customers with better visibility into their products and helps them swiftly plan new product launches and coordinate activities among departments in different locations. This advantage is significant in the retail, apparel, and fashion industries, where end-user preferences are constantly changing.
Identifying the need for a holistic PLM platform for the complex retail industry, Centric Software developed the Centric 8 Platform to combine information from each stage of the product cycle, from ideation through planning, designing, material management and sourcing to delivery management. This product's success led to the introduction of a similar product called Centric SMB in 2015. Centric SMB was developed to support the growing number of small-scale businesses in the retail and brand markets, which are often hesitant to adopt PLM solutions because of their high costs. To ease the decision-making process, Centric SMB leverages the cloud-based capability to create a common platform that can aid in merchandise planning, product specifications, material management, calendar management, quality management, and product sourcing. "Significantly, both Centric 8 and Centric SMB were the first PLM solutions to offer mobile applications. The recent addition of field testing, fit review, retail review, and factory audit features further simplified the acquisition of live business intelligence data and refined search functions," said Frost & Sullivan Research Analyst Kiravani E. "These value additions clearly showcase Centric's customer-centricity, where advanced technologies are deployed without most of the attendant complexities."