Product Lifecycle Management
As a retailer or brand owner, you need to change the game
You need to create winning products, get them to market faster, and deliver them on cost, while leveraging a complex, global supply chain. With PTC’s retail solutions, you can simplify the complex challenges of end-to-end Product Lifecycle Management (PLM), from concept to consumer.
Innovation is the key to getting products to market faster, and delivering them on cost, while leveraging a complex, global supply chain.
Next generation PLM capabilities transform how leading retailers, manufacturers and brand owners deliver inspired and innovative products to market. They provide a single version of the truth for all product development data and activities from Inception to Shelf.
Innovation, Information and Business Intelligence
Consumer Goods and Retail organisations face several challenges such as a wide range of products, short seasons, tight margins, adapting to trends and ensuring the supply chain doesn’t impact profitability. Providing complete visibility through Lifecycle Management, ensures control over the supply chain, providing tools to act and react in order to minimise impact.
Retail consumers are demanding. In fact, their expectations are higher than ever. They want to buy great products through any channel and however they want, using digital, social and mobile options. They expect a better in-store experiences, and everything at a good price.
Our solutions deliver visibility and connectivity across consumers, products, stores, designers and supply chains. To win today, your products, suppliers and customers need to be smart and connected, as well as products need to be beautifully designed, meeting compliance and efficiently manufactured. Our solution platform can enable truly transformative creative collaboration, effective manufacturing, and efficient supply chain strategies.
Customer centricity will be the key to a successful Consumer Goods and Retail business, and keeping customers coming back through understanding trends and customer preferences are critical to ensuring and securing customer loyalty. Today a mix of technologies puts more power in the hands of the consumer, retailer and employees, all parties are finding new ways to engage in the online and offline experiences. Innovative Technology will assist companies through this market transition, enabling them to keep up with the consumer, technology and device changes.
Reduced Cycle Time
Ensures on-schedule product launches and first-mover market share advantages
Boosts brand value, increases customer loyalty and enables premium pricing
Increased Efficiency & Process Optimisation
Drives team productivity and enhances breadth of portfolio
The Benefits - Continued
Enables faster implementation with industry best practices
Improved Regulatory Compliance
Ensures adherence to mandates such as the Consumer Products Safety Act
Reduced Direct Material Cost
Improves margins and profit contribution
SMART CONNECTED PLM
SOLUTION IN RETAIL
Designed with customers in mind, PTC FlexPLM for Retail, Fashion, Footwear, Apparel, and Consumer Products transforms global retain brands with tailored solutions that help teams create and collaborate more easily, streamline supply chains, and deliver more inspired products to market, faster and more efficiently than ever through possible.
Powered by world class Internet of Things (IoT) technology, PTC’s FlexPLM makes it simple and easy for teams around the world to work smarter, act faster, and bring a stronger experience to customers every day, improving revenue and reducing costs.
Fast moving fashion has several challenges such as short seasons, tight margins, adapting to trends and ensuring the supply chain doesn’t impact profitability through markdowns and clearance. Providing complete visibility through Lifecycle Management, ensures control over the supply chain and the tools to act and minimise this impact.