Why Do Companies Invest in Fashion PLM Software?December 21, 2015
California Apparel News recently invited NGC’s Mark Burstein, president of sales, marketing and R&D, to participate in an editorial roundtable discussion on fashion PLM and the global supply chain. NGC was honored to participate, along with other industry thought leaders.
Alison Nieder, editor-in-chief of California Apparel News, asked Mark to answer three questions about PLM:
- When companies come to you looking for a PLM solution, what are they looking for?
- Are companies’ PLM needs different depending on their size and their market?
- Do those needs change over time?
We’d like to share Mark’s answers with you below. We hope you enjoy them, and please click here for a link to the full article.
When companies are thinking about a PLM solution, what they really seek is visibility of the product lifecycle from concept through delivery. They are also looking for faster speed to market, more efficient design processes and tighter collaboration with their supply-chain partners. Often, the decision to invest in PLM is a result of a company’s success and rapid growth; companies can’t keep pace with the growing number of lines, their SKUs are proliferating, and they need to establish more consistency in product fit and quality. These are all signs that a company is ready for PLM.
Companies look for a PLM solution that is designed for the fashion industry. They want a product that is especially designed for their industry and software companies that have in-depth understanding and experience in fashion and apparel. The beauty of a modular approach to PLM is that companies can get the functionality they need now and expand later.
Typically, the core functionalities are implemented in the first phase, followed by supporting functionalities in later phases. Core functionality includes product specifications and approval tracking, costing, sample management, PO delivery and WIP (work in process) tracking, logistics, and calendar management. These are the basic building blocks for the concept-to-delivery model.
Later phases of a PLM implementation often include line planning, vendor onboarding and compliance, product and material testing, and production quality management. Once the system has been live for a period of time, it’s time to add business intelligence (BI) tools to start tracking metrics and setting goals for continued improvement.