Threading the needle to success: Part 1 - PLM
Collaborate, don’t complicate
Your PLM strategy or process should incorporate information, data, and feedback from other essential systems departments to prevent and break down silos across all areas of operation. A strong product lifecycle management process can help you solve problems associated with miscommunications, development time, quality assurance, longevity, and time to market.
You should also be able to share data with suppliers for enhanced collaboration on product specifications and costs. Since suppliers are central to many fashion businesses, a modern PLM system should contain information on ethical sourcing and compliance to meet audit requirements and help protect brand integrity. With all of this in place, fashion companies can share critical information and collaborate in real time throughout all offices and internal departments, as well as across the entire value chain.
Ultimately, the PLM process should help you optimize the design to the sales process by:
- Managing planning, design, and development
- Providing designers with creative ideation
- Encouraging real-time collaboration with suppliers
- Deploy digitization of design and development with 3D Design
As industry thought leaders like Just-Style Managing Editor Leonie Barrie have observed, companies can reap rich rewards with a PLM system, achieving faster time-to-market and deploying a core data hub that brings together planning, design, sourcing, production, logistics, and replenishment.
To learn more about this topic and gain some practical information about how your organization can create a connected and collaborative digitized network, check out this best practice guide.
- Supply Chain
- Infor PLM for Fashion