Centric Software’s Centric Planning Named ‘Recognized Vendor’ In Gartner’s 2024 Market Guides

Centric Software has announced that its Centric Planning solution has been named a Recognized Vendor in Gartner’s 2024 Market Guides for Retail Assortment Management Applications, covering both long life cycle and short life cycle editions.

With over 40 years of expertise, Gartner is a leading technological research and consulting firm, providing actionable insights to help organizations improve performance and make informed decisions.

Centric Planning empowers retailers with AI-driven assortment planning and management capabilities, utilizing advanced algorithms for accurate demand predictions. Its flexible “headless assortment planning” allows for tailored offerings based on specific store characteristics and customer profiles.

Key features of Centric Planning include:

• Data-Driven Optimization: Identifies under and overperforming products to refine assortments.
• Visual Planning Tools: Centric Visual Boards facilitate interactive assortment balancing.
• Real-Time Agility: Continuous optimization through data analysis and automated product flagging.
• AI Forecasting: Helps brands make smarter decisions, especially for seasonal products, using machine learning.
• AI Basket Analysis: Allows retailers to understand sales correlations and adjust assortments to better meet consumer needs.

“We are delighted that Centric Planning has been recognized in Gartner’s Market Guides for Retail Assortment,” said Chris Groves, CEO of Centric Software. “This recognition underscores our commitment to continuous innovation and market-driven solutions.”