A successful Centric PLM solution implementation by the French bedding market leader
LOS GATOS, California, May 10, 2016 – The French group Cofel, a market leader in mattress and bedding production, has announced a successful Centric PLM implementation. Centric is the leading PLM solution for fashion, retail, luxury and consumer goods companies.
The Cofel Group, whose key brands are Bultex, Epéda and Mérinos, produces more than 1 million mattresses and 400,000 boxsprings each year at its five production sites in France. The Group’s mission is to offer the best bedding with a focus on quality, innovation and safety.
In its 2015 strategic plan, Cofel identified the need to better equip its product development team. As Marion Deridder, marketing director explains, “We were looking for a PLM solution to better optimize our product range and ensure cost effectiveness. Our choice gravitated towards Centric because they are the global market leader in PLM solutions.”
Only six months after the project kicked off, marketing, sales, finance, operations and development teams are already using the Centric 8 PLM suite.
“Centric 8 PLM allows us to streamline exchanges by grouping together information and documents in a single tool, accessible by all departments concerned,” elaborates Deridder.
The implementation of Centric 8 PLM is an extension of the best practices applied at Cofel and part of the new commercial strategy of the Group. “Thanks to Centric 8 PLM, we are more rigorous with product development and production, and are optimizing lead times and quality.”
“Centric is also allowing us to standardize practices between our five production sites and is providing quick visibility into different product development via dashboards,” continues Derrider.
“We are delighted with the success of Cofel’s Centric 8 project, which is a confirmation of our commitment to Cofel and to the market. We are excited to help this growth-oriented business with the next stage in its strategy,” says Chris Groves, CEO of Centric.
The main player in the bedding market in France, Cofel owns 3 brands with excellent aided awareness: Bultex, Epéda and Merinos. The Group controls approximately 30% of the bedding market in France. The Group generates 90% of its French production through its 5 industrial sites in France. Dynamism and efficiency make Cofel a unique company with exceptional performance. The Cofel Group produces more than 1 million mattresses and 400,000 boxsprings each year, which are distributed in 4,000 points of sale. The turnover of the Cofel Group amounted to €200 million.
Centric Software, Inc. (www.centricsoftware.com)
From its headquarters in Silicon Valley and offices in capitals around the world, Centric Software develops technologies for the most prestigious names in fashion, retail, footwear, luxury and consumer goods. Its flagship product lifecycle management (PLM) platform, Centric 8, delivers enterprise-class promotional planning, product development, sourcing, business planning, quality and collection management functionality, tailored to fast-moving consumer industries. Centric Cloud packages provide small businesses with extensive PLM solutions, based on innovative technology and key industry learnings.
Centric Software has received multiple industry awards, including the Frost & Sullivan Global Product Differentiation Excellence Award in Retail, Fashion and Apparel PLM. Red Herring named Centric in its Top 100 Global list in 2013 and 2015.
Centric is a registered trademark of Centric Software. All other product names and brands may be trademarks of their respective owners.