As food and beverage companies and grocery retailers face unpredictable tariff changes and fluctuating ingredient costs, Centric Software’s Product Lifecycle Management (PLM) and Product Experience Management (PXM) solutions offer crucial support.
Centric PLM provides real-time data access, cost simulations, supplier comparisons, AI-powered least-cost formulation, and packaging management to help companies quickly adjust to market and regulatory changes. The system integrates directly with regulatory databases like USDA FoodData Central and CIQUAL and partners with FoodChain ID, giving users access to 220 global regulatory libraries.
Centric’s PXM platform strengthens digital retail capabilities by managing product information, digital assets, e-commerce content syndication, and analyzing real-time consumer behavior. This enables brands to respond faster to market demands, adjusting pricing, inventory, and product offerings efficiently.
“Centric’s market-driven technology solutions cover the end-to-end product lifecycle,” said Chris Groves, CEO of Centric Software. “During economic volatility, our solutions help food and grocery companies better handle market and supply chain disruptions.”