Prachi Agrawal's presentation discusses PTC's FlexPLM software. It provides the most comprehensive solution for apparel, footwear, and consumer product development by optimizing supply chain management through a common platform. FlexPLM allows designers, merchandisers, planners, suppliers, and buyers to collaborate transparently. It can shorten product lifecycles by 50% and is designed specifically for the retail, footwear, and apparel industries. The presentation outlines the product development process and how FlexPLM streamlines each step from concept to quality management. It also analyzes the PLM industry and FlexPLM's costs and benefits compared to alternatives.
Gartner's new report, PLM for Apparel 2013: Preparing for the Next Wave of ValueCBX Software
Only a few years ago, Product Lifecycle Management (PLM) solutions were a new way for retailers and brands to reduce product development costs and cut lead times. These days companies are looking for more.
Gartner's new report, PLM for Apparel 2013: Preparing for the Next Wave of Value, sponsored by Core Solutions, provides an insightful look at how apparel retailers and brands are looking at PLM systems in a more mature way.
The Highlights:
• Most companies (63%) still plan to invest in PLM in 2013
• Faster time to market is the number 1 expected benefit
• Standardization of processes is a new expectation of PLM
• Anlaytics, Critical Path Management and Social
Compliance are the most desired PLM enhancements
• A top expectation of PLM is end-to-end visibility
At Core Solutions we take a more holistic view towards PLM. We see PLM as one critical part of the entire extended supply chain. Our solution supports companies all the way through, from concept to delivery.
http://www.coresolutions.com/
PLM is about “managing products across their lifecycles”, and it applies to any company with a product. It applies to all sizes of companies, ranging from large multinational corporations to small and medium enterprises. It’s applied across a
wide range of industrial sectors including aerospace, apparel, automotive, beverage,consumer goods, construction equipment, defence, electrical engineering, electronics, food, life sciences, machinery, machine tool, mechanical engineering,medical equipment, pharmaceutical, plastics, shipbuilding, shoe, software, transportation and turbine.
The global economy has been turbulent for the last couple of years but the automotive industry, in particular, has been encountering the most challenging environment. Market dynamics are changing rapidly, thus forcing the auto makers to change their business strategies and to implement them successfully in order to stay competitive. Auto parts makers are further squeezed as they need to satisfy more diverse product requirements with low room for errors in a relatively much shorter time span. As radical technological trends are inevitable, harnessing this opportunity will enable companies with innovative products to gain market share.
Since business revolves around the products or services a company offers, PLM could be the single most rewarding area to focus on in system implementation.
Keep abreast of the most recent advancements and business advantages of product lifecycle management (PLM) software! Explore articles from 3HTi that provide coverage on news and more.
Gartner's new report, PLM for Apparel 2013: Preparing for the Next Wave of ValueCBX Software
Only a few years ago, Product Lifecycle Management (PLM) solutions were a new way for retailers and brands to reduce product development costs and cut lead times. These days companies are looking for more.
Gartner's new report, PLM for Apparel 2013: Preparing for the Next Wave of Value, sponsored by Core Solutions, provides an insightful look at how apparel retailers and brands are looking at PLM systems in a more mature way.
The Highlights:
• Most companies (63%) still plan to invest in PLM in 2013
• Faster time to market is the number 1 expected benefit
• Standardization of processes is a new expectation of PLM
• Anlaytics, Critical Path Management and Social
Compliance are the most desired PLM enhancements
• A top expectation of PLM is end-to-end visibility
At Core Solutions we take a more holistic view towards PLM. We see PLM as one critical part of the entire extended supply chain. Our solution supports companies all the way through, from concept to delivery.
http://www.coresolutions.com/
PLM is about “managing products across their lifecycles”, and it applies to any company with a product. It applies to all sizes of companies, ranging from large multinational corporations to small and medium enterprises. It’s applied across a
wide range of industrial sectors including aerospace, apparel, automotive, beverage,consumer goods, construction equipment, defence, electrical engineering, electronics, food, life sciences, machinery, machine tool, mechanical engineering,medical equipment, pharmaceutical, plastics, shipbuilding, shoe, software, transportation and turbine.
The global economy has been turbulent for the last couple of years but the automotive industry, in particular, has been encountering the most challenging environment. Market dynamics are changing rapidly, thus forcing the auto makers to change their business strategies and to implement them successfully in order to stay competitive. Auto parts makers are further squeezed as they need to satisfy more diverse product requirements with low room for errors in a relatively much shorter time span. As radical technological trends are inevitable, harnessing this opportunity will enable companies with innovative products to gain market share.
Since business revolves around the products or services a company offers, PLM could be the single most rewarding area to focus on in system implementation.
Keep abreast of the most recent advancements and business advantages of product lifecycle management (PLM) software! Explore articles from 3HTi that provide coverage on news and more.
Gravity White Paper - How to Close the 3rd Party Logistics Technology GapAero Wong
Tactical, transactional-based services are becoming less profitable. In order to compete, 3PLs and freight forwarders must shift to providing technologies that help shippers overcome supply chain visibility obstacles. The question is: should you develop your own solutions in-house, or partner with a third-party vendor?
This brief white paper will help you answer that question.
PTC Releases FlexPLM Design Module for Adobe Illustrator to Improve Design Ef...PTC
New Tools Help Retailers Focus on Design Innovation and Accelerate
Time-to-Market
NEEDHAM, Mass. – January 5, 2017 –– PTC (NASDAQ: PTC) today announced enhancements to its FlexPLM integration for Adobe Illustrator with its next generation FlexPLM® Design Module for Adobe® Illustrator, the first of a set of apps in the FlexPLM Digital Design Suite. The Design Suite enables designers to rapidly bring concepts to life by improving workflow and information accessibility.
This presentation outlines the outcomes of 3D printing on entrepreneurship.
The evolution of 3D printers, The market opportunity, and the application in industry.
Getting Started in Big Data-Fueled E-Commercejradisson
Presentation to Outdoor Industry at the European Outdoor Summit, 17 October 2013 in Stockholm.
Abstract from the event program:
"Everywhere you turn these days there is a story on the promise of Big Data. Fact is, there is a wave of innovation in Big Data technologies under way that will affect our business. But are we really having a clear idea on how to use it to create new business?
Here in Europe, we're selling against Amazon, Google and other algorithmic commpetitors using spreadsheets and other manual methods. Nobody is talking about concrete use-cases or generating any new business value from Big Data. Until now.... Listen to Jason Radisson, in charge of a complex and forward looking initiative from Sport Scheck to grasp the huge untapped potential of tomorrow's e-commerce consumers."
Industry 4.0 promises to create new customer value in the market place by unleashing a combination of new technologies, data analytics, new generation cyber-physical production systems and newer methods of human machine interfaces. What does a developing country like India need to do to join the race?
The Top Three Product Lifecycle Management Trends Taking Shape Across the Dig...Cognizant
By embracing product data as a service, microservices and emerging blockchain technology, product development organizations can more effectively innovate and compete in the dynamic global marketplace.
7 Reasons Why Companies Need PLM Software .pdfVeryshop1Line
In the realm of Industry 4.0, PLM (Product Lifecycle Management) is a strategic powerhouse, guiding products from conception to disposal. PLM software, tailored for dynamic markets, fosters seamless collaboration across departments through centralized data administration. Its merits include heightened engineering efficiency, unified data governance, accelerated time-to-market, cost mitigation, vigilant compliance management, enhanced customer retention, and elevated product excellence. PLM emerges as an indispensable tool for organizations aiming to navigate the complexities of product development and market demands.
Gravity White Paper - How to Close the 3rd Party Logistics Technology GapAero Wong
Tactical, transactional-based services are becoming less profitable. In order to compete, 3PLs and freight forwarders must shift to providing technologies that help shippers overcome supply chain visibility obstacles. The question is: should you develop your own solutions in-house, or partner with a third-party vendor?
This brief white paper will help you answer that question.
PTC Releases FlexPLM Design Module for Adobe Illustrator to Improve Design Ef...PTC
New Tools Help Retailers Focus on Design Innovation and Accelerate
Time-to-Market
NEEDHAM, Mass. – January 5, 2017 –– PTC (NASDAQ: PTC) today announced enhancements to its FlexPLM integration for Adobe Illustrator with its next generation FlexPLM® Design Module for Adobe® Illustrator, the first of a set of apps in the FlexPLM Digital Design Suite. The Design Suite enables designers to rapidly bring concepts to life by improving workflow and information accessibility.
This presentation outlines the outcomes of 3D printing on entrepreneurship.
The evolution of 3D printers, The market opportunity, and the application in industry.
Getting Started in Big Data-Fueled E-Commercejradisson
Presentation to Outdoor Industry at the European Outdoor Summit, 17 October 2013 in Stockholm.
Abstract from the event program:
"Everywhere you turn these days there is a story on the promise of Big Data. Fact is, there is a wave of innovation in Big Data technologies under way that will affect our business. But are we really having a clear idea on how to use it to create new business?
Here in Europe, we're selling against Amazon, Google and other algorithmic commpetitors using spreadsheets and other manual methods. Nobody is talking about concrete use-cases or generating any new business value from Big Data. Until now.... Listen to Jason Radisson, in charge of a complex and forward looking initiative from Sport Scheck to grasp the huge untapped potential of tomorrow's e-commerce consumers."
Industry 4.0 promises to create new customer value in the market place by unleashing a combination of new technologies, data analytics, new generation cyber-physical production systems and newer methods of human machine interfaces. What does a developing country like India need to do to join the race?
The Top Three Product Lifecycle Management Trends Taking Shape Across the Dig...Cognizant
By embracing product data as a service, microservices and emerging blockchain technology, product development organizations can more effectively innovate and compete in the dynamic global marketplace.
7 Reasons Why Companies Need PLM Software .pdfVeryshop1Line
In the realm of Industry 4.0, PLM (Product Lifecycle Management) is a strategic powerhouse, guiding products from conception to disposal. PLM software, tailored for dynamic markets, fosters seamless collaboration across departments through centralized data administration. Its merits include heightened engineering efficiency, unified data governance, accelerated time-to-market, cost mitigation, vigilant compliance management, enhanced customer retention, and elevated product excellence. PLM emerges as an indispensable tool for organizations aiming to navigate the complexities of product development and market demands.
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Exploring Career Paths in Cybersecurity for Technical CommunicatorsBen Woelk, CISSP, CPTC
Brief overview of career options in cybersecurity for technical communicators. Includes discussion of my career path, certification options, NICE and NIST resources.
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2. About PTC’s FlexPLM
Need for FlexPLM
Role of PLM in Typical Apparel/footwear
product development process
How does Flex PLM works?
PLM industry analysis
FlexPLM – Cost benefit analysis
Advantages of FlexPLM on apparel/Footwear
retail value chain
2
1/12/2023 PTC's Flex PLM
3. Most comprehensive apparel retail, footwear and
apparel product development solution in
following ways:
Opitmize supply chain by focusing on product
development (key design & sourcing) which consumes
85% time in supply chain management .
Serve as common platform for designers, merchandisers,
planners, suppliers and buyers for transparent
communication flow.
Shorten product lifecycle time by 50%.
User friendly , designed specifically to suit retail,
footwear & apparel and consumer products markets.
1/12/2023 3
PTC's Flex PLM
4. Every one wants to be fast fashion label.
From 2-4 seasons per year, today an average fashion label has
transformed into 4-6 seasons per year
At this pace, the day is not far when fashion cycle will get
squeezed to 8-12 seasons per year.
Need for integrated responsive supply chain management to
over come stock piles and looses from stock-outs.
In order to achieve above point, software should have
following features:
Operational differences per track for stronger capabilities.
Very strong dynmic communication platform
Speedy tracking of product for shortening the lead time.
Multiple sourcing for stronger execution of line and meeting
delivery deadlines
Sustainable dedicated resources.
1/12/2023 4
PTC's Flex PLM
5. Time
effective
& cost
effective
Calendar
management
Concept
development
Merchandise
planning
Line planning
Designing/
color
development/
material
development
and testing
Database
management
&
upgradation
(search)
Product
Specification
management
Sourcing/
costing/
Quality
management
Individual product
Tracking - faster
Information
Hub
Expedite
season
planning and
control once
financial &
assortment
goals defined
Optimise
merchandise
mix & product
adoption
Precision in designs
/colors/material/
complete tech packs
Product
briefs/automate
lab dips/
material
consumption -
cost & quality
supplier
profiles,
capabilities,
capacity, social,
technical, and
environmental
compliance
Generate
RFQ, order
confirmation
s (export to
ERPs etc),
Dynamic
costings
Defines testing
standards, Real -
time quality audit
on different levels
Collaboration
Role Of PLM in typical apparel/footwear product development
process
1/12/2023 5
PTC's Flex PLM
6. PLM applications work through a web-based interface that allows all parties
involved in a garment's design and development to work on the same platform and
communicate on a real-time basis. Everyone can see the latest version of a product,
know when it's been modified or if it's been dropped from the line, avoiding
manufacturing errors and improving product quality.
It sports standards-based enterprise integration tools. The software collects a
product's 'spec' or DNA in a file that can be accessed by all product development
agents from designer to manufacturer across world. By using the real-time platform,
a designer can work on the details of a garment's spec while another department
explores different manufacturing options for the product, hedging time.
Direct integration with design tools such as Adobe® Illustrator™ to increase design
efficiency and allow designers to work with familiar applications. The technology
saves time and money compared to sequential processes which involve heavy
paperwork
PLM software also helps streamline sourcing. By using it, a manufacturer can
quickly and easily see a product's spec to draft with a cost estimate and send a
product sample to the retailer.
The retailer can then review the sample and enter any modifications into the PLM
system for the manufacturer to sew a final sample.
1/12/2023 6
PTC's Flex PLM
7. In this environment, delivering fashion-right collections on time and on
budget is often becoming a logistical nightmare, prompting companies to
seek technological solutions to bolster enterprise efficiencies and cut costs.
Consequently, the apparel and footwear industry is expected to invest
billions in product development and sales-forecasting software in the
coming years, according to industry observers.
(PLM) software, which helps manufacturers shorten product lifecycle
times by at least half to boost efficiencies in the supply chain. Then there
are merchandise management systems (MMS) and markdown
optimization solutions (MOS) to help retailers manage over-bloated
inventories and minimize losses from stock-outs.
The PLM market, worth some US$50m, could grow up to 40% annually by
2014, according to software vendors who say large- and medium-sized
apparel firms are rushing to implement the technology.
1/12/2023 7
PTC's Flex PLM
8. PTC, which claims to be the largest PLM supplier with a 55% global
market share, is also bullish about the future. Mitford says the company's
sales could leap 40-60% annually by 2014 to mirror a similar growth rate
since 2005.
PTC has 30 apparel and footwear customers spread mostly in Europe and
North America. The firm recently signed up French sports equipment
firm Decathlon and Germany's largest department store operator
Karstadquelle. It is making a big push into Europe where PLM "adoption
is a little behind" the US.
According to Mitford, the North American PLM market (for apparel
brands with over US$2bn in sales) is maturing but she expects many sub-
US$2bn firms to purchase PLM applications in coming months. However,
in common with rivals, she says Asia is quickly becoming a hot expansion
market for PLM software vendors. "We are seeing a significant increase in
the number of Asian companies interested in PLM, specifically in China, which
will be one of the largest consumers of PLM in five years," .
8
1/12/2023 PTC's Flex PLM
9. TARGET Benefits - quantifiable Drawbacks
Apparel /
Footwear &
retail
companies
1. Shortened lead times causing
a reduction in working capital
and increased service levels.
2. Increase Adoption rate – upto
50% (directions for designers)
3. Raw material aggregation
across styles and even
divisions, resulting in 3% to
5% reduction in materials
costs
4. Labor cost avoidance –
elimination of paper/clerical
work. 30% of design and
development labor is wasted
on clerical and other
redundant tasks related to lack
of information.
5. Reduction of finished goods
air freight to 10% to 20% of
shipments, resulting in 1% to
3% reduction in COGS (on
time deliveries)
1. Roll out time - PTC's PLM
express suite (for
organisations with under
US$1bn in sales) takes three
months to set up while the
company's more
comprehensive PLM range
(for firms with sales over
US$10bn) can take nine
months to implement.
2. Limited connectivity with
other software.
3. Change management
4. Need for robust and
integrated solutions
5. Designers sometimes feel
sidetracked due to
constraints of working in
direction predicted by the
module.
9
1/12/2023 PTC's Flex PLM
10. 10
TARGET
SEGMENT
Benefits - Non quantifiable Drawbacks
Apparel /
Footwear &
retail
companies
6. Closer to market product
development for more “fashion-
right” assortment.
7. Maxmising full price sell thru
via full collection hitting the
floor on time.
8. Disciplined handoffs –
elimination of repetitive
documenting work .
9. Reduce SKU proliferation and
over-development
10. Improves and expedite the
communication flow among
designers, merchandisers,
factories, suppliers.
NIL
1/12/2023 PTC's Flex PLM
11. HUMAN RESOURCES
PROCUREMENT
CORPORATE FUNCTION
INBOUND
LOGISTICS
OPER-
ATIONS
OUTBOUND
LOGISTICS
MARKETING
& SALES
SERVICES
G
I
N
M
A
R
PRIMARY ACTIVITIES
SECONDARY
ACTIVITIES
Increase in Confidence and
satisfaction among employees due to
process automations and riddance
from tedious documentations. Also
transparent & instant
communications boosts effectiveness
& efficiencies .
Faster Merchandise / line planning,
Costing, Material development &
testing, product specification
management, vendor management,
order management
•Concept development
•Higher adoption rates
•Quick material sourcing
•Faster sample developments &
approvals (3D modeling)
Quality management,
supply chain collaboration,
timely deliveries & arrival
to stores
Quick feedback on
collection
performance
triggers instant
actions –
reasonable
markdowns
Not relevant
Seamless functions on the
pretext of speed tracking
Reduced Costs
– increases
margins
11
Source: Michael Porter, 1980
s
1/12/2023 PTC's Flex PLM
12. PTC's Flex PLM
There are many vendors providing apparel and footwear-specific PLM solutions.
l Vendors that have always been apparel/footwear specific
• Freeborders
• GEAC Qwest Runtime
• Gerber WebPDM (FLM)
• Lectra
• NGC
l Vendors that have migrated from other industries to
apparel/footwear
• MatrixOne (now owned by Dassault)
• PTC Flex PLM
• UGS
l Other smaller startups to be aware of:
• MSC, Vertex, Yunique PLMon, zweave
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