;
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

Lotte to build $3.5-bn petrochemical plant in Indonesia

Textiles | On 14th Dec 2018

Lotte to build $3.5-bn petrochemical plant in Indonesia

PT Lotte Chemical Indonesia (LCI), a subsidiary of Malaysian company...

Jordan PM lays foundation stone for Chinese textile unit

Textiles | On 14th Dec 2018

Jordan PM lays foundation stone for Chinese textile unit

Jordanian Prime Minister Omar Razzaz recently laid the foundation...

Courtesy: American Eagle Outfitters

Apparel/Garments | On 14th Dec 2018

American Eagle Q3 revenue rises 5% to $1.004 billion

The revenue of American Eagle Outfitters for the third quarter of...

Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Sanjay Yagnik, Maa Tex Speciality

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Abhishek Ganguly, Puma India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search