Apparel manufacturers and Fashion retailers have unique challenges. Shrinking lifecycles and tough competition have pushed them to raise the number of yearly collections and consequently planning is weekly, no longer monthly. To add to this challenge, pressures on margins require companies to control costs and maximize the value of their innovation processes. In the midst of fast product development, designing right “first time” collections that are balanced with a company’s strategic and financial targets is easier said than done, but PLM can make this a reality.
Capitalizing on the results of PDM, which is its core, organization are building on this success to embrace more strategic PLM projects:
TXTPERFORM2008 offers an end-to-end PLM footprint for the apparel, fashion and accessories industries covering PDM, Merchandise, Assortment Planning and Supplier Collaboration. The integrated footprint consolidates all PLM requirements under one roof. Workflow and Performance Management functions help take the best decisions based on facts and drive the organization towards achieving key milestones and metrics thus enhancing overall responsiveness.
Companies can expect to see significant benefits from their PLM implementations.
In a context where new products fail by as much as 75% and 35% of development times are spent on non value added tasks due to lack of information, PLM can help: