NEEDHAM, Mass. ― June 11, 2013 ― PTC (Nasdaq: PMTC) today announced its new PTC® Retail PLM Solution developed specifically for the requirements of companies in the retail, footwear and apparel industry and built on the PTC Windchill® FlexPLM® product lifecycle management (PLM) solution for that industry. The optional PTC® Value-Ready Deployment™ offering provides industry best-practices and implementation services to enable customers to rapidly deploy and quickly realize value.
Companies are implementing PLM solutions to fuel growth and improve margins in today’s globally competitive economy. For retailers, delivering innovative, trend-right products to the market faster has become a business imperative. Maintaining high quality products, building a competitive edge and generating consistent profit margins continue to be essential. The PTC Retail PLM Solution was developed to address these specific challenges faced by companies across the retail, footwear and apparel industry through its out-of-the-box solution to help them realize business benefits faster.
Read the full press release or visit the PTC News Room: http://www.ptc.com/appserver/search/newsroom.jsp
[2024]Digital Global Overview Report 2024 Meltwater.pdf
New Retail PLM Solution Enables Customers to Achieve Quicker Time to Value
1. New PTC Retail PLM Solution Enables Customers to Achieve Quicker Time to
Value
Pre-Configured Solution Delivers Industry Best Practices and Rapid Deployment Services
NEEDHAM, Mass. ― June 11, 2013 ― PTC (Nasdaq: PMTC) today announced its new PTC®
Retail PLM Solution developed specifically for the requirements of companies in the retail,
footwear and apparel industry and built on the PTC Windchill®
FlexPLM®
product lifecycle
management (PLM) solution for that industry. The optional PTC®
Value-Ready Deployment™
offering provides industry best-practices and implementation services to enable customers to
rapidly deploy and quickly realize value.
Companies are implementing PLM solutions to fuel growth and improve margins in today’s
globally competitive economy. For retailers, delivering innovative, trend-right products to the
market faster has become a business imperative. Maintaining high quality products, building a
competitive edge and generating consistent profit margins continue to be essential. The PTC
Retail PLM Solution was developed to address these specific challenges faced by companies
across the retail, footwear and apparel industry through its out-of-the-box solution to help
them realize business benefits faster.
“Retail organizations are looking to increase their creativity for new product offerings, improve
profit margins and leverage new channels and markets like never before,” said Howard
Heppelmann, senior general manager supply chain segment, PTC. “We have a decade of
experience working with some of the most successful and innovative retail organizations.
Based on this experience, we have developed the PTC Retail PLM Solution to help companies
quickly achieve maximum value from the retail industry’s most comprehensive, market leading
PLM system. This solution enables retail, footwear and apparel companies to focus resources
on creating competitively advantageous offerings that enhance the bottom line.”
The PTC Retail PLM solution will offer three different PTC Value-Ready Deployments for each of
the separate retail, footwear and apparel segments. These deployment offerings capture the
distinct best practices within each industry and will enable organizations to stay on-trend, on-
time and on-cost. These best practices are based on PTC’s experience working with and
implementing PLM technology with market-leading companies across the retail industry.
2. According to Janet Suleski, Research Director at Gartner, “When a firm uses an out-of-the box
solution, it can take advantage of best practices and industry-specific functionality the
(software) vendor has programmed into the technology. You will also benefit from the
standardization and scalability of the technology that’s been tested in the marketplace.”
(Source: Apparel Thought Leadership Report, “Out-of-the-Box: Advantages of Pre-Configured
PLM).
Additional Resources
PTC Retail PLM Solution (web page)
Howard Heppelmann video (web page)
PTC Retail PLM solution (brochure)
About PTC (http://www.ptc.com)
PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and service
advantage. The company’s technology solutions help customers transform the way they create
and service products across the entire product lifecycle – from conception and design to
sourcing and service. Founded in 1985, PTC employs over 6,000 professionals serving more than
27,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide.
Get more information at www.ptc.com.
Follow us on Twitter - Watch us on YouTube - Connect with us on LinkedIn - Join our PTC
Community - Visit us on Facebook – View other Social Media Platforms
PTC, the PTC logo, Windchill and FlexPLM are trademarks or registered trademarks of PTC Inc. or its
subsidiaries in the United States and other countries.
The timing of any solution release and any features thereo are subject to change at PTC's discretion.
Media Contacts:
PTC For PTC
Corporate Communications Weber Shandwick
Beth Ambaruch Anand Savani
952.435.5058 617.520.7290
bambaruch@ptc.com asavani@webershandwick.com
# # #