PLM: Streamline product development by unifying design, merchandising and sourcing
Globalization is forcing many Footwear and Apparel companies to transform the way they do business. Strategic goals are underpinned by business initiatives focused on reducing cycle time, adopting fast fashion, mastering global product development and improving sourcing decisions. The rules of the game have changed: simplifying product development is the focal point for delivering sustainable business value. The implementation of PTC’s proven PLM system can enhance operational efficiency from initial concept to store delivery, ultimately improving overall profitability.
Some of the benefits that PTC’s footwear and apparel global customers have experienced with PLM include:
- Reduction of cycle time
- Increased adoption rates
- Reduction in quality defects
- Increased efficiency
- Overall product cost reduction