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The Strategic Benefits of PLM for Apparel
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By
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Bob Antall, George Young
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Today Leading Apparel Companies Face Unprecedented Product Development Challenges
Complex multi-channel distribution networks, dynamic
consumer demands, pressure to deliver to increasingly aggressive calendars, and
global sourcing have created a fast-changing environment where rapid decision
making in product development means the difference between success and failure.
Major apparel companies are attempting to manage high rates
of product change globally across multiple product calendars, using thousands
of different materials, and producing more than ten thousand samples annually.
Yet, apparel companies typically manage product data with disconnected systems,
spreadsheets, and unstructured data.
Leading Apparel Companies are Turning to PLM to
Maximize Value
Effective decision making and execution requires accurate product information and data. Today's apparel leaders are adopting Product Lifecycle Management
(PLM) technology enabled by a single version of the truth (or Product Data
Record) to manage product information, supplier collaboration, project management, compliance, and design re-use.
What is PLM in Apparel?
The components of a comprehensive PLM solution for the
apparel industry can be broken down into four main capabilities:
Strategic Capabilities enable Project Portfolio
Management (PPM) of the product development process through advanced management
programs. These more advanced solutions provide strategic road mapping
tools as well as support ideation and idea management.
- Design Capabilities provide the ability to link customer needs to product requirements, providing design teams the information necessary to stay ahead of trends.
Collaboration tools incorporated within the solutions enable dispersed,
cross-functional teams to work together across CAD and rendering
platforms. Additionally, data management enables quick and easy design
creation from existing product records.
- Product Data Capabilities are the foundation for an
effective PLM system, linking all information related to a product (the Product Record) and managing change to that information over time. All data
including sketches, tech packs, bill-of-materials, time and action
calendars, and costing are centrally housed providing a single version of
truth across a firm's value chain.
- Supply Chain Capabilities are an important part of a comprehensive solution and integral to the development process. With globalization resulting in the
outsourcing of production, a secure and efficient way of collaborating
with external vendors as well as communicating changes in real-time enable
apparel companies to increase speed to market.
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