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Centric Software to Showcase AI-Powered Product Concept to Shelf Retail Solutions at NRF 2025

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Unique Platform Combines Planning, PLM, Pricing & Inventory Optimization and Competitive Market Intelligence with Visual Boards to drive margins and speed time to market

CAMPBELL, Calif., Nov. 4, 2024 /PRNewswire-PRWeb/ — Centric Software® is pleased to announce that it will be exhibiting at NRF 2025—Retail’s Big Show, the premier event for retail innovation, at the Javits Center in New York City, from January 11 – 15. Centric drives go-to-market innovation and value creation for consumer goods retailers, brands and manufacturers. 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.

Our team is excited to show retailers at NRF 2025 why the AI-powered Centric suite of solutions is unique in the industry.

As consumers become more discerning and retail assortment (SKU) optimization evolves in real time, companies must adopt cutting-edge, market-driven technologies like artificial intelligence (AI) to maximize margins, enhance efficiency and optimize product offerings, including new product introductions (NPI). Dedicated to serving the consumer goods and retail industries, Centric Software’s solutions power end-to-end product go-to-market strategies—from Merchandise Financial Planning (MFP) to product ideation, development, sourcing, pricing, lifecycle management and inventory control.

Centric Software’s flagship platform, Centric PLM™, drives impressive results—speeding time to market by as much as 60%, lowering costs by up to 15%, reducing inventory by as much as 30%, increasing gross margins by up to 15%, boosting productivity by as much as 50%, all while promoting sustainability. Recognized several times by the Just Style Excellence Awards, the most recent win announcement states, “Centric PLM particularly stands out in the market as the only Product Lifecycle Management solution capable of managing multi brands, multi categories and multi processes for consumer goods brands, retailers and manufacturers of any size. The solution brings cost savings, reduces time to market and improves efficiencies for thousands of companies around the world.”

These impressive results are echoed by Centric’s global customer base, who have experienced firsthand the transformative impact of Centric PLM on their operations. Billy Murray, Group VP Enterprise Systems at Abercrombie & Fitch Co. says, “As part of our ongoing digital revolution at Abercrombie & Fitch Co., we’re focused on implementing tools that allow us to get the right products to the right places around the world as efficiently as possible. With that, we’re looking forward to partnering with Centric to provide an innovative end-to-end solution to speed time to market and support communication and visibility across multiple global functions.”

Geertje Bastiaans, Packaging Development Manager at Aviko, Europe’s largest potato products processor says, “Centric PLM will give us the opportunity to improve end-to-end packaging development. The system holds all relevant labeling information for specific regions and channels to ensure quick generation of compliant labeling briefs.”

Centric Software is the only company offering exclusive, AI-powered solutions that seamlessly manage the entire retail process—from pre-season planning through in-season execution and replenishment to post-season analysis. Regularly featured by leading industry analysts, including Gartner, Forrester and IDC, Centric PlanningTM is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance, including SKU optimization, resulting in an up to 110% increase in margins. Centric Pricing & Inventory™, the leading AI-powered tool for price and stock optimization, expertly balances demand and supply throughout a product’s lifecycle to drive margins and boost revenues by up to 18%. “Combining Centric PLM, Centric Planning and Centric Pricing & Inventory is essential for a company, because now you have a full end-to-end solution.” says Julien Jacotey, Head of Planning & Allocation at Guess Europe.

Centric Visual Boards™ is a visual platform connecting people and systems driving informed decision-making and execution across merchandising, design, buying, product development, sourcing and more. “With Centric Visual Boards, we aim to increase the garment portfolio by 75% to 90% at our Colombian and Mexican factories,” says Liliana Díaz, Product Development and Innovation Manager at Permoda.

Nicole Kaluzne, Manager of Design and Merchandising Systems at Eileen Fisher says, “Centric Visual Boards has allowed us to envision and plan the whole line in a more efficient way with the visual tools and ability to make real-time changes immediately accessible across our teams.”

Rounding out the suite is Centric Market Intelligence™, is an AI-driven platform giving 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. Jordan Pious, VP, Neiman Marcus Performance & Growth states, “I see Centric Market Intelligence as a useful tool to streamline how we view and operate the business as it relates to our positioning competitively—from an assortment standpoint, a pricing standpoint, finding those whitespace opportunities and really knowing when and how to react to business trends.”

On a recent call, an industry analyst observed, “With the integration of Centric Software’s PLM, Planning, Market Intelligence and Visual Boards solutions, there is now a comprehensive offer that captures the wide-ranging needs of users across the entire product lifecycle, from concept to replenishment. The AI-powered market intelligence tools enable retailers to gain insight into consumer behaviors and effectively track market trends.”

Centric Software serves 18,000 brands and boasts a 100% go-live rate. Centric solutions are key to optimizing retail strategy, resulting in faster market entry and seamless seasonal transitions. Nearly 15% of new projects this year have integrated multiple Centric solutions, highlighting the undeniable value of seamlessly connecting pre-season and in-season processes.

“We are the leaders in retail technology, with the market responding strongly to our end-to-end platforms.” says Chris Groves, CEO of Centric Software. “Our team is excited to show retailers at NRF 2025 why the AI-powered Centric suite of solutions is unique in the industry. It covers the entire concept-to-replenishment product lifecycle to drive the efficiency that is critical for retail in today’s competitive environment.”

Visit Booth #6257, Level 3 to meet our industry experts. Learn how to stay in sync with consumers and ahead of varying market conditions. Make an appointment to reserve your time. See you at the show!

Reserve time
Learn more about Centric Software
Request a demo

Media Contact

Aurore Evee, Centric Software, +16479155377, aurore.evee@centricsoftware.com, www.centricsoftware.com

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Opus Technologies Named Among India’s Top 100 (Mid-Size) Best Workplaces for Women 2024 by Great Place To Work® India

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PUNE, India, Nov. 6, 2024 /PRNewswire/ — Opus Technologies has been recognized by Great Place To Work® India among – India’s Top 100 Best Workplaces for Women 2024

Opus Technologies has achieved a significant milestone, earning recognition as India’s Top 100 Best Workplaces™ for Women 2024 by Great Place to Work© India. This prestigious accolade underscores our commitment to creating an environment where women can thrive professionally and make substantial contributions.

At Opus, we recognize the immense value women bring to our organization. Our female employees consistently demonstrate leadership, drive innovation, and excel across all levels of the company. This recognition celebrates their achievements and reaffirms our dedication to fostering a workplace that empowers women in tech.

As a global authority on workplace culture, Great Place To Work has been studying employee experience and people practices across organizations for over three decades. Every year, more than 100 million employees from over 150 countries worldwide take the Great Place To Work for assessment, benchmarking, and planning of actions to strengthen their workplace culture.

In this year for India, based on a rigorous evaluation methodology, 200 organizations among India’s Best Workplaces for Women 2024 have been recognized. These organizations, among other practices, particularly excel both in people practices that they have crafted for their employees and proactively acting on the feedback to create a High Trust Culture. The report and the complete list (in alphabetical order) of India’s Best Workplaces for   2024 can be viewed on our website.

“In today’s dynamic business landscape, we’ve long recognized that when people feel truly supported and valued, businesses don’t just survive—they thrive. This rings especially true for women in the workplace. By fostering environments that prioritize flexibility, equity, and inclusion, we empower all employees to bring their full potential to work every day.

However, we find ourselves at a critical juncture. Despite years of progress, women’s representation in the workforce has plateaued at 26%, with a mere 122% in executive or C-level positions. More concerning is the declining workplace sentiment among women, signaling a growing disconnect in their work environments.

Our research unequivocally shows that when women experience a sense of belonging, they are 6 times more likely to consider their workplace great. This stark statistic underscores the immense potential waiting to be unlocked in organizations that prioritize inclusivity and equality.

As we launch India’s Best Workplaces™ for Women 2024 report, we celebrate the companies leading the charge in creating truly inclusive environments. These organizations understand that championing women isn’t just about meeting quotas—it’s about cultivating a culture where everyone can thrive.

To all the winners of India’s Best Workplaces for Women: congratulations on setting the gold standard. Your commitment to fostering environments where women feel valued, heard, and empowered serves as an inspiration and a call to action for us all. Together, let’s continue to build workplaces where every individual, regardless of gender, can reach their full potential.”

–          Balbir Singh, CEO, Great Place To Work®️ India

Praveen TM, CEO of Opus Technologies, stated, “Being recognized as one of the Best Workplaces™ for Women by Great Place to Work© India is a significant milestone for us. This honor highlights our commitment to building a workplace where every woman feels valued and empowered to lead. We firmly believe that our diverse workforce is key to our innovation and growth, and we will continue to champion equality and inclusivity in all aspects of our organization.”

Speaking about the achievement, Babitha P, Chief People Officer at Opus Technologies, said, “This recognition reflects our ongoing commitment to diversity, equity, and inclusion. At Opus, we are dedicated to creating an environment where everyone, particularly women, can thrive and feel empowered. Embracing diverse perspectives is at the heart of our culture and a key driver of our success.”

Backed by 30 years of data, Great Place To Work is the global authority on workplace culture. Through its proprietary For All™ Model and Trust Index™ Survey, it gives organizations the recognition and tools to create a consistently positive employee experience. Its mission is to help every place become a great place to work for all, driving business growth, improving lives, and empowering communities. Through globally recognized and coveted Great Place To Work Certification™ and highly competitive Best Workplaces Lists, Great Place To Work enables employers to attract and retain talent, benchmark company culture, and increase revenue. Its platform enables leaders to truly capture, analyze and understand the experience of every employee and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.

About Opus Technologies:

With nearly three decades of experience, Opus Technologies is a global provider of outcome-driven payment strategies. Opus combines its deep technology proficiency with unmatched domain expertise in payments and fintech to deliver unparalleled quality and value in its work.

Visit https://opustechglobal.com/ to learn more. Follow Opus Technologies on LinkedIn.

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Vasant Masala enters a new era with Anil Kapoor as brand new, unveiling new logo and identity

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AHMEDABAD, India , Nov. 6, 2024 /PRNewswire/ —  Vasant Masala, a prominent name in the spices industry for over 54 years, is proud to unveil Bollywood icon Anil Kapoor as its new brand ambassador, alongside their new positioning: ‘Pyaar Toh Hona Hi Tha.’ The tagline encapsulates how Vasant Masala enhances the flavours of every dish, creating meals that not only satisfy taste buds but also strengthen the bonds of love within families, making every moment around the table one filled with warmth and togetherness.

An exciting collaboration will feature Anil Kapoor alongside his brother Sanjay Kapoor for the first time on-screen with Vasant Masala’s TVC. Their sibling bond exemplifies the essence of Vasant Masala’s new message: love isn’t just a sentiment, but an experience that unites us, especially in the context of family life and cherished traditions.

As part of this exciting evolution, Vasant Masala is also unveiling a refreshed brand identity, complete with a modernised logo. The revamped identity represents Vasant Masala’s dedication to connecting with the tastes and preferences of its customers.

Elaborating on Anil Kapoor’s association as Vasant Masala’s brand ambassadorship, Chandrakant Bhandari, CMD of Vasant Masala, stated, “For decades, delivering purity to Indian households has been the cornerstone of Vasant Masala. With ‘Pyaar Toh Hona Hi Tha,’ we are not only enriching this foundation but also strengthening the bond that goes beyond taste to touch the heart. Anil Kapoor’s association perfectly blends tradition, modernity, and universal appeal, resonating across generations. This campaign celebrates our legacy while reaching a wider audience, bringing Vasant Masala into more homes and fueling our growth for years to come.”

Anil Kapoor, expressing his excitement about this partnership, shared, “I am thrilled to be part of this new chapter in Vasant Masala’s journey. This brand is known for its uncompromising quality and I have complete faith in its commitment to delivering the best. This story is about more than just promoting a product; it’s a celebration of love, family, and the bonds we hold dear. What’s more, this will be the first time I’ll share the screen with my brother Sanjay, which makes this even more exciting for me. I can’t wait to see how this heartfelt campaign connects with people.”

About Vasant Masala:

As a leading brand in the Indian spices market, Vasant Masala remains dedicated to providing high-quality products while deepening its emotional connection with its consumers. Vasant Masala has been delighting millions of families across Gujarat, Rajasthan, Madhya Pradesh, and beyond for the past 54 years. With its diverse range of products such as blended spices, Hing, basic spices, whole spices, and powdered spices, Vasant Masala has gained recognition on a global scale. Exported to five continents, Vasant Masala is known for its unparalleled quality and widespread popularity. This trusted brand has consistently provided consumers with the finest spices, making it the top choice of housewives for the last five decades due to its unmatched flavor and health benefits.

For Trade, Marketing & Other enquiries:
E-mail: info@vasantmasala.com
Call: +91 94265 06390
Know more about the brand at www.vasantmasala.com.

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Sinopec Hosts Forum Session at 7th China International Import Expo

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US$40.9 billion in purchasing contracts signed with 38 partners, bringing the total of seven sessions of CIIE to US$285 billion

SHANGHAI, Nov. 5, 2024 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has hosted a forum titled “Building Global Energy Partnerships” and a signing ceremony at the 7th China International Import Expo (CIIE 2024) in Shanghai. The exhibition, running from November 5 to 10, is focused on the global energy transition and fostering an open, green, and low-carbon ecosystem.

At the signing ceremony, Sinopec signed purchasing contracts with 38 partners from 18 countries, which totaled US$40.9 billion, including 27 products from 10 major categories, including crude oil, chemicals, equipment, materials, consumer goods and more. Since the first CIIE in 2018, Sinopec has signed orders exceeding a total of US$285 billion in seven sessions.

Ma Yongsheng, chairman of Sinopec, remarked in a keynote speech at the forum that the global energy supply as well as demand pattern and governance system are in need of real changes, and the transformational development of energy and chemical industry is already in a new stage.

“In the face of the great momentum of development, Sinopec unswervingly commits to promoting high-quality, intelligent, and green development leveraging advanced technologies,” said Ma. “We also understand deeply that the energy and chemical industries can only achieve sustainable development through cooperation. Sinopec has always adhered to open cooperation and achieve mutual wins with all our partners.”

Sinopec aims to enhance collaboration on oil and gas resources, working with various stakeholders to establish a more stable industry alliance. The company is also committed to expanding its green energy initiatives to further its low-carbon transformation goals. Additionally, Sinopec seeks to foster technology partnerships to unite innovative efforts, aiming to create a harmonious balance between humanity and nature, address climate challenges effectively, and build a cleaner, more sustainable world for future generations.

At CIIE 2024, Sinopec also signed cooperation and procurement agreements with a number of companies at the event. It has signed a framework agreement with TotalEnergies on long-term LNG supply, under which TotalEnergies will supply 2 million tons of LNG per year to Sinopec from 2028, for a total of 15 years. The partnership will enable both parties to further explore opportunities across the whole industry chain and promote global energy transformation.

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