What is PLM?
PLM stands for Product Lifecycle Management. It is about managing the complete lifecycle of a product.
A product's lifecycle begins from the time the idea is generated. It is then passed on to design, manufacture, maintenance & other departments in the process. And ultimately ends with the disposal of the product.
PLM for the apparel industry includes managing the complete cycle of a fashion product right from its design until the product is retired or disposed off.
PLM ensures that the entire team included in a fashion organization can work collectively & efficiently right from outlining, designing, till the completion of the entire process. PLM is a tool that allows fashion companies to carry out their operations in an efficient way. It involves the use of software to handle all this and bring it together.
How BlueKaktus PLM For Apparel Industry Works?
Design, development and sourcing teams are under pressure like never before. The adoption of specialist, technology-based solutions to replace largely manual and disconnected processes is critical to responding to these challenges. Digitization is increasingly a key strategic differentiator marking out the winners from the losers.
The garment manufacturers can make use of BlueKaktus PLM using the software application. The application enables the whole team that is included in controlling the development of the product to work cohesively on all the components of the project.
BlueKaktus goes beyond conventional Product Lifecycle Management systems, offering cloud-based and best-in-class sourcing functionality. It streamlines key business processes from procurement and product development to supplier capacity management, order allocation and purchase order tracking.
Key Features of BlueKaktus PLM
· Range/ Line Planning
· Material Management
· Capacity Planning
· Product Cataloguing
· Order Lifecycle Management
· Real-time Identification, Analysis and Redressal of defects
· Inbuilt AQL charts
· Quality dashboards
· Mobile Application
Benefits of Using BlueKaktus PLM for Apparel Industry
When an apparel company in the industry makes use of Product Life cycle management to handle its products, there are several benefits to it. The multiple benefits make it worthwhile for a company to comply with PLM. The benefits include:
1 | Lower Cost
A garment manufacturer needs to lower down cost without lowering or sacrificing the quality of garments. Installing the right PLM system will help the stakeholders to manage every stage of the product's lifecycle. Designers can immediately change requests, the production department can be informed on time without any delays about the changes and hence the cost involved in delays and changes can be minimized.
2 | Increased Productivity
With BlueKaktus PLM, there is one set of data that can be accessed by everyone, from designers to distribution managers. It helps you to concentrate on more productive aspects of your business.
3 | Faster Time to Market
The reduced friction created by a unifying product lifecycle management system means there are considerably fewer obstacles in the way of getting your products to market. Such a boost is particularly useful in fashion, where trends are not always easy to predict. Being able to quickly design, manufacture, and ship new product allows a fashion company to keep up with the fickle nature of the business.
4 | Better Products
Being able to track and analyze all the small details that go into the final. Product has many advantages. This phase of product lifecycle management shines particularly bright in organisations that have allies globally, as it provides for better quality control across the board.