The Strategic Importance Of PLM For Fashion Mark Harrop, Managing Director 18 th October 2011
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Complexity Unique To The Apparel Industry One product, comes in many Colourways Each with multiple Size categories That each have many Produced in �ultiple… Sizes Factories And sold in differe�t… Before being merchandised with �arious… Regions Other produ�ts, leadi�g to… = 1.7 million variations 1,080 variations, multiplied by no. of products in portfolio and seasons utilised…
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Strategic Goals Reduce time to market PLM • Improve productivity and global communication • Reduce cycle time • Deli�er produ�ts that are �o� tre�d�, designing closer to delivery Reduce total product cost • Eliminate excessive sampling • Improve collaboration and review process • Accurately plan the entire product lifecycle, reducing unforeseen delays
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Improve product quality • Increase quality control efficiency • Ensure data integrity, eliminating duplicate work • Achieve supply chain agility, ensuring quality products despite external influences Improve information exchange • Global collaboration from product inception to point of sale • A�hie�e �o�e �ersio� of the truth� �ith �e�tralised data • Improve auditing of suppliers and tracking / traceability to PLM increase supply chain compliance
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals What is PLM? �PLM (Product Lifecycle Management) is a description of the entire process P from the early visibility of the need to create a product to meet the future business goals, through to the creation of a product or collection of products and the eventual end of the produ�t�s shelf life. The concept of PLM manages the entire lifecycle from ��irth to gra�e� . � www.whichplm.com �Produ�t lifecycle management is the process of managing L the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise. � M �PLM is not one but rather a collection of methods and software tools that together add value to product development process � …� True PLM is the combination of ideology, process maturity, solutions and people in today's modern product development. �
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Traditional IT Strategy for Apparel / Retail Business
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Traditional IT Strategy for Apparel / Retail Business
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals The Importance of Master Data �“tyle ������ in size 3� Regular – colour Red� 350 (ERP) 10001 (PLM) 19 -1783 (Pantone)
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals The Future Of PLM Advanced Planning : Advanced Workflow Compliance | Regulation [Collection/Range/Line] Management Management [Finance Top Down/Bottom Up] [Status Approvals] [Carbon|Energy usage] [Product Attribute] [Self Approvals lab / [End of life management] [Material] Dips/Colour] [Material risk analysis] [Colour] [Push Pull Automation] [Sub component risk analysis] [Store Grade] [Intelligent workflow based [Ethical/Social Compliance] [Planograms] on values/rules] Advanced Creative Design Advanced Suppliers Management 3D Sampling Integration [Listing] [Virtual Sampling] [Styles born direct in PLM] [KPI Ranking] [Material & colour texture [Image Based Costing] [Technical Abilities] mapping] [Dynamic Storyboard linked to [Capacities] [Online sample studio] costing and line planning] [RTM Analysis] Advanced Costing Advanced Collaboration Mobile PLM [FOB/CIF] [Mills] [PLM on Smartfone/Tablet] [Size/Colour] [Trim Suppliers] [Mobile Collection book] [Fit/‘atio�s] [Labs/Testing] [Design Inception via [Open Book SFV] [Off-Shore sourcing offices] Smartfone/iPhone] [Image Based Costing] [Logistics] Interface extensions [Value added interface developments] [Apparel data standards and interfacing]
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Advanced PLM Is… Mobile Conceptual Visual
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Advanced PLM Is… Global Revolutionary Detailed
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Shortened cycle times and accurate cost predictions Customisable solutions , as the majority of the PLM leading to delivery of �fast fashio�� – products that are software on the market today demonstrates, the right on time and on trend. PLM solution can be customised to fit your unique business needs. Global collaboration – with staff at every level and every stage of the extended supply chain working from Compliance – environmental and ethical regulations the same set of centralised data, costly sampling and are a fact of modern business , and the power to track duplicated work are eliminated. and audit supply chains is strategically vital Material and cost savings can be realised across styles Modern product development The process integration and even divisions when accurate cost prediction and and management required for success in today�s supply chain agility are achieved, resulting in a complex retail-apparel supply chain can only be substantial reduction in materials costs. accomplished with PLM. 40%+ revenue from 20% more revenue growth Doubled earnings Increased market share new product introductions 2x
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Strategic Objectives Adopt PLM – not just as software, but as a strategic ideology Define a strategy for integration of separate islands of technology Take steps to create, improve and standardise master data Extend PLM ideology throughout the extended supply chain Reduction in Cost Of Goods Sold Aggregation of raw materials used Assuming 1.7 million variations across a portfolio - examine the savings delivered
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Strategic Value Educate the entire business, including your extended supply-chain Conduct a deep examination of your process maturity Establish unified master data alongside implementation Treat PLM as a strategically important enterprise system Ensure a robust and harmonised system architecture Work closely with your supply chain partners
Product Strategic About PLM PDM > PLM The Future Of A Strategic Find Out More Development Challenges & PLM Imperative Overview Goals Find Out More At: www.whichplm.com Mark.harrop@whichplm.com Thank you.
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