Cimdata Logo

Industry Summary Articles

Tuesday, April 24, 2018

Centric Software Releases Centric 8 PLM V6.3

Centric Software is proud to announce that the latest release of its flagship solution, Centric 8 PLM version 6.3, is now available. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals.

Centric Software's latest Product Lifecycle Management (PLM) release is driven by feedback from Centric's Customer Advisory Board and customer innovation partners. At their request, Centric 8 v6.3 focuses heavily on streamlining the go-to-market of products destined for multiple markets and/or channels; new Product Information Management (PIM)-like features improve the accuracy of global product information while new PLM features improve global orchestration of the supply chain.

"As most brands, retailers and manufacturers today sell and source in multiple markets, there is a big demand to localize content as part of the product development process," explains Ron Watson, VP of Product at Centric Software. "Preparing products for sale in different markets requires tracking local content and labeling regulations in addition to creating localized product descriptions and pricing. The amount of necessary product information multiplies exponentially, and users, managers and executives not only need one source of the truth and specialized tools to track it all, but also the ability to what-if, roll-up and analyze this information in order to make decisions that drive the financial success of the line."

Users can now develop once and sell globally in local currencies, languages and in compliance with local labeling requirements. They can create price lists by region, channel or country and they can also automate information for local product content/composition, care labels and other regulatory requirements. Time to market is greatly streamlined, work eliminated and the risk of error significantly reduced as the tedium of thousands of clicks and tracking via spreadsheets, or even paper, has been eliminated.

Global supply chain orchestration is also a key point in this release with new BOM Extension capabilities. As suppliers sometimes sub-contract all or part of the production of an order, it is extremely difficult for brands and retailers to have complete visibility into exactly how and who are involved in the production of goods. Centric's BOM Extension links the Design BOM to the Manufacturing BOM to a new Factory BOM, which includes details about sub-contractors and local suppliers. Brands and retailers thus gain full visibility and transparency into the exact sources that are being used to produce goods which are necessary to ensure compliance with local regulations and labelling requirements, and also with company-specific business and ethical guidelines.

"Creating innovative, new features and pushing the boundaries of traditional PLM is the cornerstone of Centric's success. We partner with our customers to provide brands, retailers and manufacturers of all sizes the most innovative enterprise solutions specific to their strategic and operational digital transformation goals," says Chris Groves, President and CEO of Centric Software. "Centric focuses on providing powerful and efficient solutions for our customers to give them a competitive advantage in an increasingly global market-place."

Centric 8 v6.3 includes 30 other improvements and new tools.

To view the original press release, please click here.

Search for Centric Software on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.