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In a digital world, speed and control is important.

From concept to design, production to market. The less time a fashion brand can spend on development and sourcing collaboration, data processing, decision-making and launch, the sooner a product can be refined to achieve business objectives.

Brand loyalty is often based on reliability, image, and adaptability. Failure to meet expectations can irreparably harm a brand’s reputation.

At the executive level, fashion brands have the pressure of delivering all the expectations whilst remaining as profitable as possible. Remaining agile and responsive whilst becoming more sustainable are key factors in meeting business objectives in today’s fashion companies.

But what can brands do to speed up the development process for new collections in a responsible and controlled manner?

Product Lifecycle Management Software (PLM)

Product Lifecycle Management software is a smart solution for fashion businesses who want to gain process visibility, bin the reliance on cumbersome spreadsheets and remove wasted spend in the form of missed targets, delays and wasted manpower.

PLM systems actively empower fashion teams and management to speed up product development, control costs and shepherd in greater process efficiencies across the business.

With the right PLM software package, information about lines, materials and products shifts from frustrating silos into a single centralised repository with accurate and timely data, accessible in the cloud for enhanced collaboration and more efficient workflows. It also enables that level of control which is needed to actually see what is used, what impact products create and can generate invaluable reporting at product or component level. Design and development has traditionally been a grey area in most fashion businesses. With PLM it becomes highly visible, vastly improving decision-making.

Automation

PLM software can often speed up the development process of garments by up to 50%. Information can be automatically disseminated with other systems including any existing ERP system. With this integration comes more efficient, timely and productive workflows that can be easily monitored by remote management teams and other stakeholders, while reducing data entry overall. With just one centralised, cloud-based interface, staff can access information day or night across any number of international time zones.

Automation also reduces human error. Older systems of working can often be stifled by wasted resources. We regularly see real shock and surprise when business owners find out just how much manual updating of information is happening across their teams. PLM software stamps this out by automating the distribution of information in a way which negates human error and eliminates duplicate entry requirements. By making processes more transparent, the need for adjustment is more easily identified and course corrections quickly actioned.

Advancement

Efficient product design, materials management and new collection launches are all becoming more important as technology and methods advance across the fashion industry. The design process is now becoming more akin to precision engineering, especially when considering the complicated printing and computer-based manufacturing requirements of the average line. This is compounded by the rapidly evolving changes in regulation around fashion, in which the ability to report on what is used in your products in detail becomes more important than ever.

The availability of products and raw materials can be mercurial based on global events. The geography of source to market can rapidly change, requiring a high level of product information control and adaptability. A centralised system of data entry, retrieval and analysis can also help overcome the obstacles that changing markets can bring.

Does your business need PLM software?

If you are:

  • Inundated with endless spreadsheets, unsure of which ones are current and correct
  • Drowning in a barrage of emails to and from suppliers
  • Dedicating team members to amalgamate information regularly
  • Holding product information across various company files locations/servers/inboxes
  • Unable to generate reports and overviews without large (repeated) efforts
  • Frustrated by your limiting IT infrastructure
  • Wasting time searching through endless files for relevant information
  • Missing product development milestones
  • Acknowledging that your product teams do not really have a system

You need an efficient PLM that works for your business.

What can the right PLM do for your business?

  • Decrease time looking for information
  • Decrease data entry
  • Speed up your time to market
  • Enhance decision making capabilities
  • Increase capacity without adding overheads
  • Create collaborative relationships with suppliers
  • Offer 24/7 system access

We are here to help you identify a suitable PLM solution. Schedule a free consultation to find out more.

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