Centric Pricing & Inventory is an AI-driven platform designed to help fashion, apparel, and home brands and retailers optimize their pricing and inventory management strategies. It addresses the challenges of manual, historical data-based decision-making by leveraging AI for forward-facing forecasts, intelligent recommendations, and task automation. The software aims to increase sell-through, reduce inventory, and maximize profits by aligning product pricing, promotions, placement, and inventory levels with customer demand. Key capabilities include facilitating in-season optimization, improving sell-through and sales, driving sustainability through effective inventory management, and focusing on automation for smarter decision-making. It offers features like lifecycle pricing, dynamic pricing for e-commerce, and competitive pricing analysis, all supported by configurable dashboards with transparent AI insights.

Features & Benefits

• AI-Powered Optimization: Leverages AI for predictive pricing and inventory recommendations to influence demand and align supply with customer needs.
• In-Season Decision Making: Enables agile adjustments to pricing and allocation based on market reaction, competitor strategies, and external factors.
• Improved Sell-Through and Sales: Optimizes pricing across the retail lifecycle to create demand for slow-moving products and fulfill it with effective allocation and replenishment.
• Sustainability Focus: Predicts future demand to reduce overstock and align inventory levels with sustainability goals.
• Automation and Transparency: Automates pricing and replenishment tasks while providing transparent AI insights for comprehensible decision-making.