Centric Software to present at Tech Conference at FIT
11 Nov '09
2 min read
"Stalling, Crawling, or Snowballing Profits: Why Apparel Magazine 2008 All-Star Winner KlimUSA Partnered with Centric"
Wednesday, November 11, 2009, 1 P.M. EST
Ray Hein, executive vice president of marketing, Centric Software
Main Auditorium Apparel Magazine's Tech Conference 2009 Hosted by Fashion Institute of Technology 7th Avenue @ 27th Street New York, New York 10001
Like the larger economic environment, companies in the fashion and apparel industries stand at a crossroads. These companies face 3 options:
• Stall. With dwindling market share and profits, the survival of companies in this category is questionable. • Crawl. For some firms, cost-cutting initiatives has bought some time. These companies will remain hunkered down, waiting for a recovery to materialize. • Snowball. A select few companies have identified technology investment as a means to not only survive, but gain momentum and grow--like a snowball that rolls down hill. These firms are thriving in the current climate.
Why have some chosen one path, while others have opted for another? Content: Leaders in the field of fashion and footwear have argued that by leveraging strategic investment in technology, fashion and other fast moving consumer goods companies can improve innovation and profitability, thereby positioning themselves for the future while gaining market share during the downturn. This presentation will examine the evidence, and profile the business practices of 2008 Apparel All-Star Winner KlimUSA as a case in point.
Centric Software is a leading provider of product lifecycle management, sourcing and profitability management solutions for fast-moving consumer goods companies. Designed specifically to meet the needs of the apparel and private-label industries, Centric's offerings enable companies to speed new products to market, drive margin improvement, manage for product profitability, and improve global collaboration and compliance.