Overview
Centric Pricing & Inventory is a retail planning solution designed to optimize pricing, allocation, and replenishment strategies. It leverages AI to analyze market trends, competitor pricing, and consumer behavior to recommend optimal pricing strategies across the product lifecycle. The platform integrates with existing ERP and PLM systems, enabling real-time data synchronization and improved decision-making. Key features include dynamic pricing adjustments, automated inventory replenishment, and predictive analytics for demand forecasting. By optimizing these processes, Centric Pricing & Inventory helps retailers increase profitability, reduce markdowns, and improve inventory turnover. It supports various retail sectors including fashion, footwear, and consumer goods.