Case Study: Leder & Schuh Group boosts margins with Centric Software's AI-powered Pricing & Inventory

Leder & Schuh Group boosts margins by 1% with Centric Software

Leder & Schuh Group, an Austrian footwear company, faced the challenge of manually managing markdowns and pricing for 12,000 SKUs across nine Central Eastern European countries. This labor-intensive process required a team of five people working for a full week and was impossible to tailor optimally for each product and market. They turned to Centric Software and implemented its AI-powered Centric Pricing & Inventory solution to automate this data-driven process.

By using Centric Pricing & Inventory, Leder & Schuh automated markdown management, allowing for earlier and more tailored price reductions. The solution from Centric Software reduced the person-hours needed for markdowns by 88%, cutting the team from five people over five days to just two people for 1.5 days. This resulted in a 2.5% reduction in price cuts, which translated to a 1% margin increase and a €3 million boost to their bottom line on a €300 million turnover.

Leder & Schuh Group