Home / Knowledge / News / Information Technology / PLM technology helps apparels achieve sales growth
PLM technology helps apparels achieve sales growth
27
Mar '08
Centric Software, a leading provider of product lifecycle management (PLM) for the apparel and private label industries, announced key findings from a report entitled “PLM for the Fashion, Apparel and Footwear Industries: Enabling Speed and Responsiveness, Delivering Higher Profitability,” written by leading analyst firm Aberdeen Group.

The report reveals that Best-in-Class apparel and footwear companies are 54 percent more likely than Industry Average to have an integrated Product Lifecycle Management (PLM) implementation in place. Of those with PLM implementations for over a year, 65 percent report year-on-year revenue growth – emphasizing the growing value of PLM to the apparel industry.

“Best-in-Class fashion, apparel, and footwear companies are using PLM to improve their ability to respond to rapid demand changes and complex global supply chains, resulting in an increased ability to get products to market on-time and at target cost,” said Jim Brown, vice president of product innovation and engineering research at Aberdeen Group.

“Our research shows that apparel and footwear manufacturers with mature PLM implementations are seeing improvements in key performance metrics, including higher sell-through on products, and they are reacting more quickly to customer preference changes. There is little doubt that enabling PLM technologies such as those provided by Centric are helping fashion, apparel, and footwear companies become more agile and meetthe challenges of their markets.”


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search