Create superior offerings through trend analysis and vendor-driven product development
With retailers focused on what trends its customers care about and challenged with meeting margin and revenue goals, the need to tightly integrate vendors into day-to-day development activities has become absolutely critical. The need to incorporate vendors earlier in the product creation stage to reduce risk and cost has also increased. The PTC FlexPLM Vendor Portal with deep supplier capabilities, along with integration with component suppliers such as Nexgen Packaging, inspire vendors to take on additional sourcing and production responsibilities, reducing development costs and freeing up time so retailers can stay focused on areas that matter like creativity, product innovation, revenue targets and bringing products to market, faster.
PTC’s vendor portal enables retailers and their supply chain partners to:
Tighter integration with component suppliers provides greater visibility into, and understanding of, garment components and their impact on lead times and delivery dates.
Consult with an expert to discuss how you can maximize your ability to quickly sense & respond to supply chain opportunities.