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What is PLM?
PLM means Product Lifecycle Management. As the name suggests, it focuses on managing the lifecycle of a product.
The lifecycle of a product involves various stages and people, such as,
- Conceiving the idea (conception)
- Translating the concept into a design (prototype)
- Materializing the design into the final product (production)
- Distributing the products and related services (distribution and maintenance)
- Understanding the concluding fate of the product
A PLM platform is designed to connect these stages and organize the people supervising them. It aims to increase productivity, ensure the highest level of quality, and customer experience by streamlining every step going into the process.
Simply put, PLM software bridges the gaps between all the departments in a given setting to ensure the best results.
What is Teamcenter PLM?
Teamcenter PLM is a high-end versatile product lifecycle management system from the house of Siemens PLM Software. It seamlessly connects various business processes and people across the different operational departments.
Teamcenter PLM features an intuitive, interactive, and easy-to-use UI (User Interface) that allows people from various functional silos in an organization to partake in the process of product development like never before. This software is flexible enough to accommodate the changing needs of your business.
Most importantly, the fashion industry is a realm where quality, price, and speed are undeniably crucial. Therefore, having a tool like Teamcenter PLM that facilitates faster production while keeping the quality of the final products up is a must-have.
Why does your brand need a sturdy and reliable PLM tool?
Now, let’s find out if the Teamcenter PLM system is the right product for your brand.
A PLM system takes care of the business processes.
While working in the fashion industry, there are many vital things to keep in mind. The challenge to become a trendsetter never goes off the scene. So, you always have to be ready with new designs before your rivals.
At the same time, you always want to ensure that your products are better than your competitors. Therefore, you need to be very careful about every process that goes into making a trend.
A PLM system does it for you.
Why You Must Invest in PLM as the Teamcenter PLM
Well, here’s why:
A PLM platform gets you to go before anyone else.
The need for speed should be your anthem if you belong to the fashion industry. To ensure fast delivery of your latest products, your business processes should be quick enough to be:
- Ready with new trends every season
- The first brand out with your fashion line
- The first one to reach your buyers
However, between conceptualizing and effectuating and finally ending up in your customer’s wardrobe, you have miles to go. No worries. With PLM software, you can achieve speed-to-market but also improve transparency and employee involvement while increasing productivity.
A PLM helps you keep up with increasing demands.
High demand, although a good thing, can be problematic. The reason – in a high-demand scenario, you cannot just think about high production but have to consider quality and speed. It can be critical.
However, with a dependable PLM system, you can get the desired results without compromising on quality and, of course, customer experience.
A PLM facilitates data integration.
When your business expands, the information or data load also expands. With a world of SKUs (stock-keeping units) to track, the challenges also increase manifolds.
Have you ever thought about what would happen if a minor error occurs somewhere down the line? It could cascade, resulting in a severe issue affecting your services. So, there is no room for error, no matter what.
In such critical situations, a reliable PLM platform would be your savior. It will help you ensure consistency along the line.
A PLM system is a good communication channel.
When a task involves many people and processes across various departments, good communication is key. So, are you and your team members always on the same page? An intuitive PLM platform can help you stay connected at all times. Besides, it also helps you in many ways, such as:
- Allowing access to all appropriate data, that too in real-time
- Helping you consolidate different reports
- Communicating effectively
- Making your business processes more efficient and hassle-free
Final words to make your thoughts running!
Now that you have a fair idea about Product Lifecycle Management, a.k.a., PLM and how the Teamcenter PLM system helps your fashion business to rule the roost, why not make it integral to your brand?
The fashion industry is not only one of the most dynamic but also challenging industries of all. So, to keep pace with the fast-changing trends, getting well-equipped is all you need.
Using this platform, you can manage your products and keep up with the international trends while adapting to the ever-changing requirements of your customers.