Centric PLM Reviews & Pricing

by Centric Software | Founded 1999, Atlanta, Georgia, USA

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What is Centric PLM?

Industry Specialties: Fashion, Apparel, Consumer Goods, Retail, Home & Furniture

Centric PLM is a software solution designed to streamline the entire product lifecycle, from ideation and design to sourcing, production, and launch. It caters particularly to companies in fast-moving consumer goods industries like fashion, apparel, and homeware.

Centric PLM offers several key benefits. It centralizes product data, eliminating the need to search through scattered spreadsheets and emails. This fosters improved collaboration among internal teams and external partners.

The software boasts features like mobile applications for on-the-go access, visual collaboration tools, and integrations with 3D design software. These features can help companies reduce time to market, improve product quality, and gain a competitive edge.

While user experiences can vary, Centric PLM is generally praised for its scalability and modularity. Companies can choose the specific functionalities they need, making it suitable for businesses of various sizes. Pricing is typically based on a subscription model with tiers offering different features and user capacities.

Pros

Centralized Data
Improved Collaboration
Faster Time to Market
Scalable & Modular
Mobile App Access

Cons

Steep Learning Curve
Customization Challenges
Limited Real-Time Data
Potentially Costly
Subscription Model

PRICE

COMPANY SIZE

DEPLOYMENT

PLATFORM

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#32

Centric PLM is ranked #32 in the PLM Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

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Centric PLM Pricing

Based on our most recent analysis, Centric PLM pricing starts at $1,000 (Monthly).

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Starting From: $1,000
Pricing Model: Monthly
Free Trial: No

Training Resources

Centric PLM is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Centric PLM:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Centric PLM Benefits and Insights

Why use Centric PLM?

Key differentiators & advantages of Centric PLM

Streamlined Communication and Collaboration: Centric PLM acts as a central hub for all product information, eliminating the need for siloed data and communication across teams. Imagine a designer uploading a sketch, which can be instantly accessed and commented on by product managers, engineers, and sourcing specialists, all within the same platform. This fosters a collaborative environment that reduces misunderstandings and delays.
Reduced Time to Market: By centralizing product data and streamlining workflows, Centric PLM helps companies get products to market faster. For instance, designers can receive instant feedback on material availability from sourcing teams, eliminating the back-and-forth communication that can slow down the development process. This allows companies to capitalize on market trends and stay ahead of the competition.
Improved Product Quality and Consistency: Centric PLM's centralized data repository ensures that everyone is working with the latest product specifications. This reduces the risk of errors caused by outdated information or miscommunication. Think of it as a single source of truth for everything related to a product, from materials and technical specifications to quality control procedures.
Enhanced Cost Management: By providing real-time insights into material costs, production processes, and inventory levels, Centric PLM helps companies make informed decisions that can optimize their bottom line. Imagine a scenario where a material cost increase is flagged within the system, prompting the sourcing team to explore alternative suppliers. This level of cost transparency empowers companies to make data-driven decisions and minimize waste.
Increased Visibility and Control: Centric PLM provides a comprehensive view of the entire product lifecycle, from concept to launch. This empowers managers to identify potential bottlenecks, track progress, and make adjustments as needed. Imagine having a real-time dashboard that displays the status of every product in development, allowing for proactive problem-solving and course correction.

Industry Expertise

Centric PLM boasts deep industry expertise in fast-moving consumer goods sectors like fashion, apparel, and homeware. These industries grapple with complex design iterations, short product lifecycles, and intricate global supply chains. Centric PLM's understanding of these specific challenges allows it to streamline processes, optimize collaboration, and ultimately expedite product launches.

Synopsis of User Ratings and Reviews

Based on an aggregate of Centric PLM reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Centralized Product Data: Eliminates scattered information across spreadsheets and emails, fostering collaboration and reducing errors. Imagine a single source of truth for everything related to a product, accessible by all teams.
Improved Time to Market: Streamlined workflows and faster communication help companies get products to market quicker. For instance, design teams can receive instant feedback from sourcing on material availability, avoiding delays.
Enhanced Collaboration: A central platform facilitates communication and information exchange between internal teams and external partners. Imagine designers, engineers, and suppliers collaborating seamlessly on a single product concept.
Increased Visibility and Control: Real-time insights into the product lifecycle empower managers to identify bottlenecks, track progress, and make proactive adjustments. Think of a dashboard that displays the status of every product in development, allowing for course correction as needed.

Cons

Steep Learning Curve: Centric PLM's comprehensive features can be overwhelming for new users, requiring dedicated training time to become proficient. Think of a complex software program with numerous functionalities that take time to master.
Customization Challenges: While offering some customization, extensively modifying Centric PLM to perfectly match specific workflows can be difficult and resource-intensive. Imagine a system that requires significant development effort to align perfectly with unique business processes.
Potentially Costly: The subscription-based pricing model, coupled with potential implementation and training costs, can make Centric PLM a significant investment, especially for smaller businesses. Consider the software cost, along with setup and training expenses, which may be a barrier for some companies.
Limited Real-Time Data: Some users report a slight delay in data synchronization across the entire system. This means information updates might not be reflected instantaneously, which is important for businesses requiring constant real-time data accuracy.

Researcher's Summary:

Recent user reviews of Centric PLM highlight its ability to centralize product data and streamline workflows, leading to faster time-to-market. One reviewer, a product manager at a fashion company, praised Centric PLM for eliminating scattered information across emails and spreadsheets, which previously caused delays in communication and product development. This centralized approach is particularly beneficial in fast-paced industries like fashion, where trends can change quickly and getting products to market swiftly is crucial.

However, reviewers also noted challenges associated with Centric PLM's complexity. Some users reported a steep learning curve, mentioning it takes time for new users to become comfortable with the software's extensive features. This can be a hurdle for companies with limited training resources. Additionally, extensive customization can be difficult, which may not be ideal for businesses needing a highly tailored PLM solution. For instance, a small business with unique design processes might find Centric PLM's customization capabilities too cumbersome compared to more user-friendly options.

Overall, Centric PLM seems well-suited for medium to large companies in industries like fashion, consumer goods, and homeware that value a centralized data repository, streamlined communication, and the ability to handle complex workflows. However, the steep learning curve and potentially high costs mean smaller businesses or those with unique process needs may want to explore alternative PLM solutions offering greater ease of use or more straightforward customization options.

Key Features

Notable Centric PLM features include:

Product Data Management (PDM): Centric PLM acts as a central repository for all product information, including specifications, materials, bills of materials (BOMs), and technical drawings. Imagine a digital library containing everything a team needs to know about a product, from its initial concept to final production.
Sample Management: The software streamlines the sample creation and approval process, allowing designers and product managers to collaborate effectively on prototypes. Think of a digital workflow where designers upload samples, provide feedback, and track revisions, all within a single platform.

Calendar and Lifecycle Management: Centric PLM helps plan, schedule, and track all stages of the product lifecycle, from design deadlines to production milestones. Imagine a visual timeline that displays key development stages for each product, ensuring everyone is on the same page and deadlines are met.

Supplier Collaboration: The platform facilitates communication and collaboration with suppliers, enabling real-time updates on material availability, pricing, and production progress. Imagine a communication hub where companies can share specifications with suppliers, receive quotes, and track order fulfillment, fostering stronger relationships.

Mobile Applications: Centric PLM offers mobile apps that provide on-the-go access to product data, approvals, and communication channels. Think of designers sketching on a tablet and uploading concepts directly into the system, or product managers receiving real-time production updates while traveling.

Visual Collaboration Tools: The software features digital whiteboards and mood boards that enable teams to brainstorm ideas and collaborate visually. Imagine a virtual space where designers can share sketches, inspiration images, and product concepts, fostering a more creative and collaborative environment.

Integration with Design Software: Centric PLM integrates with popular 3D design software, allowing for a seamless flow of information between design and development stages. Imagine a scenario where a designer creates a 3D model in their preferred software, which can be directly imported into Centric PLM for further development and production planning.

Reporting and Analytics: The platform offers comprehensive reporting and analytics tools that provide insights into product development performance, costs, and supplier efficiency. Think of a dashboard that displays key metrics like time-to-market data, production costs per unit, and supplier performance ratings, empowering data-driven decision making.

Cost Of Ownership

Frequently asked questions regarding Centric PLM pricing include:

Q: How much does Centric PLM cost?
A: Centric PLM utilizes a subscription-based pricing model with tiers offering varying features and user capacities. The exact cost depends on your company's specific needs, such as the number of users, required modules, and desired level of customization. It's important to understand your unique requirements to get an accurate quote. Consider factors like the size and complexity of your product lines, and the number of internal teams that will be using the software.
Q: Are there any additional costs besides the subscription fee?
A: Yes, there might be additional expenses to consider. Implementation costs can vary depending on the complexity of your system setup and the level of customization required. Additionally, training costs for your team members to learn the software should be factored in. Consulting services for ongoing system maintenance or optimization may also add to the total cost of ownership.
Q: Is Centric PLM worth the investment?
A: The answer depends on your company's specific situation. Centric PLM can offer significant benefits like faster time to market, improved product quality, and enhanced collaboration. However, the cost can be a barrier for entry, especially for smaller businesses. Carefully evaluate your needs, consider the potential return on investment (ROI) in terms of increased efficiency and profitability, and compare Centric PLM to other PLM solutions before making a decision.

Limitations

Notable limitations of Centric PLM include:

Steep Learning Curve: Centric PLM boasts a comprehensive feature set, which can translate to a steeper learning curve for new users. The platform may require dedicated training time for team members to become proficient in utilizing all its functionalities.
Customization Challenges: While Centric PLM offers some customization options, extensively modifying the software to perfectly match highly specific workflows can be challenging and resource-intensive. For companies with unique business processes, achieving a perfect fit may require additional development effort.
Limited Real-Time Data: While Centric PLM offers data visibility, some users report limitations in fully real-time data synchronization. There may be a slight delay in reflecting updates across the entire system, which is important to consider for businesses requiring instantaneous data accuracy.

FAQ

Frequently asked questions regarding Centric PLM include:

Q: How does Centric PLM integrate with existing enterprise software (ERP, CRM, etc.)?
A: Centric PLM offers pre-built connectors and APIs to facilitate integration with various enterprise software systems. This allows for seamless data exchange between Centric PLM and other platforms, reducing the need for manual data entry and ensuring information consistency across the organization.
Q: Does Centric PLM offer industry-specific functionalities?
A: While Centric PLM caters to a broad range of industries, it offers industry-specific modules for certain sectors, such as fashion, apparel, and consumer goods. These modules tailor functionalities to address the specific needs and challenges of those industries, such as managing complex bill of materials (BOMs) or streamlining compliance processes.
Q: How secure is Centric PLM for storing sensitive product data?
A: Centric PLM prioritizes data security. The platform utilizes industry-standard security protocols and access controls to safeguard sensitive product information. Companies can configure user permissions and data encryption settings to ensure only authorized personnel have access to specific data points.
Q: What level of customer support does Centric Software offer?
A: Centric Software provides various customer support options, including online resources, phone support, and implementation services. The specific level of support may vary depending on the subscription plan chosen. Companies can expect access to knowledge base articles, user forums, and technical support personnel to assist with troubleshooting and system optimization.
Q: Is Centric PLM suitable for small and medium-sized businesses (SMBs)?
A: While Centric PLM offers scalability, the cost and complexity can be a barrier for some SMBs. It's crucial to evaluate the specific needs of the business and compare Centric PLM to more affordable PLM solutions designed specifically for SMBs. There may be alternative options that provide sufficient functionalities at a lower cost point.