Centric Pricing & Inventory™
Centric Pricing & Inventory™
ABOUT THE SOLUTION
Centric Pricing & Inventory leverages AI to optimize pricing, allocation and inventory—boosting revenues and margins by up to 18%. From pre-season to in-season to season completion it enables retailers to reduce waste, improve sell-through and respond faster to demand.
FEATURES
- 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.
Price Optimization
- Initial allocation: Based on demand forecasts, automate 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 overpurchase 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.
Inventory Optimization
DESIGNED FOR
Fashion & Apparel, Outdoor & Sports, Footwear, Retail
Frequently Asked Questions
What are Centric Visual Boards?
Visual Boards are interactive, data-linked visual tools that help merchandising, design and planning teams collaborate more effectively — using visuals like product images, assortments and analytics to make decisions.
Why use Visual Boards instead of spreadsheets?
Visual Boards provide real-time, visual context and integrated product data, making complex decisions easier and more intuitive compared to traditional spreadsheets.