A world of New Features for Fashion & Consumer Goods Companies

By Lauriane
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The Fashion & Consumer Goods industry is driven by consumer demand for on-trend, on-time products. Every year, the retail ‘speed to market’ cycle continues to shrink across virtually all categories, increasing the pressure on retail supply chains to be as responsive as they are cost-sensitive.

However, fashion brands and retailers must face other challenges as well and need to adjust to a world that is constantly accelerating on multiple levels. The consumer expects to have a voice from early product concept to final delivery.

Consumer Goods Retail

The use of 3D technology enables fashion brands to reach their customers in all the touchpoints along the demand chain to create winning consumer experiences.

With virtual universes, Consumer Goods companies can imagine products that create better experiences in a quickly evolving experience economy.

Success lies in adopting a nimble and flexible mindset while adapting to modern consumer expectations.

Discover the Top 10 new features and functions committed to helping Consumer Goods Retailers and Brands enhance their brand identity and create a unique and memorable consumer experience across all channels.

Transforming disadvantaged communities with healthy, affordable food

By Alyssa
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Two of America’s most celebrated chefs separately identified a problem. Daniel Patterson – the Michelin two-star chef of San Francisco restaurant Coi – and Roy Choi – street food king and founder of Kogi – both recognized that there are many ‘food deserts’ in the United States: parts of the country with little of fresh fruit, vegetables, and other healthful whole foods, usually found in impoverished areas and largely due to a lack of grocery stores, farmers’ markets, and healthy food providers.

A chance meeting in Copenhagen resulted in LocoL: a fast food restaurant (and roaming food truck) that provides tasty, nutritious and affordable food to communities that have limited healthy choicesRather than try to go outside of the fast food culture, the chefs embraced the tried-and-true concept but focused on offering healthier food options while retaining the low price point.

The result: a restaurant that serves the community nutritious meals, while providing jobs that can build skills in an underemployed workforce.  LocoL’s founders also aim to drive more kindness, compassion and positivity into the communities in which they are located.

Come learn more about what inspired the chefs in an interview that Compass conducted with Patterson, and how they continue to evolve the menu and their long-term goals and vision for LocoL.  You’ll also find there a link to a video that takes a close-up look inside the Watts location, allowing you to virtually experience the food and atmosphere.

 

Is There a Better Way to Manage Product Development Projects?

By Neno
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The last three decades have seen an explosion in project management software tools and certifications for project management methodologies.  Terms like agile, resource management, critical path analysis, risk mitigation, etc. are now commonplace throughout the corporate world.  However, has all of this attention to the project management discipline resulted in product development executing as planned?  For too many companies, the answer is still a resounding “No.”

A recent study by Engineering.com (“Product Development and Project Management Tools,” December 17, 2015) indicates that there is a significant gap between how manufacturing companies value specific aspects of their project execution and how they judge their performance.  Specifically, the study looked at 4 main aspects of managing product development projects:

  • Executing the simultaneous launch of multiple variants of a product
  • Understanding how requirement changes affect a project’s schedule and resources
  • Obtaining accurate and consistent project task updates with proof of completion
  • Identifying product development issues that are causing project delays

Across all industries, survey respondents judged their abilities in each of these project management activities to be significantly less than their importance for executing a project successfully.  However, it was found that if a respondent combined their project management methodologies with a web-based Product Lifecycle Management (PLM) solution, they judged their performance to be significantly higher.  In order to address these 4 challenging aspects of product development projects, it was concluded that a PLM solution with embedded project management can uniquely provide the following operational best practices:

  1. Full alignment between projects and the product portfolio in order to leverage common technology platforms and launch products to market faster.
  2. Coordination of a project’s schedule and resources with its scope as defined by requirements and development constraints in order to meet market expectations.
  3. Automatic updates of project tasks as development work are completed to have a real-time understanding of project status and progress.
  4. Mitigating project risks based upon the real-time status of product development – designs, change orders, defects, etc. – in order to stay on schedule and within budget.

Each of these project management best practices are explored in more detail in a white paper available through Dassault Systèmes.  Adopting a PLM system with a deliverables-based project management approach may find some organizational resistance due to a bias towards standalone project management tools.  There will be pressure to pursue solutions with a lengthy list of advanced project management capabilities.  While there is a baseline that a solution must provide, there are diminishing returns from the most advanced capabilities.  Do not place excessive priority on these seldom used capabilities at the expense of fully realizing the best practices discussed in this white paper.  Instead, stay focused on the unique value provided by a PLM system with embedded project management.

Download the Whitepaper now!



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