Create New CPG Products Up To 50 Percent Faster!

By Gregory

Recent research by Tech-Clarity titled Reducing Non-Value-Added Work in Engineering finds that one-third of development time is wasted.

Some key findings include:

  • Engineers spend only 48 percent of their time actually designing products.
  • 20 percent of engineering time is spent working with outdated information.
  • 70 percent say third parties wait several days or more to send updated information.

Perfect Päckage

Product innovation is critical in the fast moving consumer goods industry. Consumer Packaged Goods companies are really struggling to accelerate their product development and launch successful products faster. There are best practices and case studies that we can learn from, to make the R&D process more efficient and to focus on value-added tasks.

Watch the webinarAccelerate Innovation Efforts Up to 50 Percent by Reducing Non-Value-Added Engineering Work” where experts share:

  • The current state of engineering in CPG companies and how companies are managing the obstacles slowing down innovation.
  • How leading companies are leveraging technology to eliminate files and emails, and to cut their innovation cycle from 18 to 6 months.
  • Ways that companies can leverage PLM to cut innovation time in half, reduce rework and quality errors, and coordinate a complex ecosystem of functions, partners, and suppliers.

Click here to watch the webinar moderated by Consumer Goods Technology with presentations from:

Moderator:
Kara Romanow, Executive Editor, CGT

Panelists:
Michelle Boucher, Vice President of Engineering Software Research, Tech-Clarity
Raymond Wodar, Director, Business Experience Consultant, CPG-RETAIL, Dassault Systèmes

3 Questions To Mark Harrop, Founder and Managing Director of WhichPLM

By Celia

Mark Harrop has been interviewed by Celia Newhouse, Marketing Director Consumer Goods & Retail at Dassault Systèmes

Mark Harrop, Founder and Managing Director of WhichPLM

Mark HARROP, Founder and Managing Director of WhichPLM

@WhichPLM

@markplm 

 

 

In the past few months WhichPLM released 2 reports that are absolutely must reads if you are in the business of fashion and technology. The first one is the Annual Review 2014 published in November and if you haven’t gotten your hands on it yet, here it is (click here). The second one is the first Supplier Evaluation of 3DEXPERIENCE Company Dassault Systèmes. What is special about this evaluation is that it doesn’t just look at the technical aspect of the vendor’s technology but studies and assesses areas like R&D roadmap, executive vision and customer satisfaction (yes, they actually called 3DS customers to ask how happy they were!).

I recently talked to Mark Harrop on the phone and asked him 3 questions that I thought I would share with you:

CN: In the 1990’s and years 2000, many fashion brands invested in PLM  and PDM technologies.  Where are these companies standing today and where should they invest tomorrow?

MH:Although some PLM vendors do work extremely hard to build a smooth and robust upgrade path today, the way that PDM/PLM solutions were deployed in the 1990’s and earlier part of the millennium – notably the “toolbox” method – led to a situation where most PLM solutions were tailored to each customer’s needs so extensively that they might as well have been entirely bespoke. Because of this, expectations from the consumer space (the move from Windows 7 to 8, or OSX 10.8 to 10.9) cannot be applied to legacy PDM/PLM implementations, since the numbered version paradigm has in some cases been abandoned.

New PLM customers drawn by the touted reductions in implementation time, the comparatively low cost of ownership, and the potentially rapid “ROI” return on investment – for these customers and others across the market – PLM “OOTB” proven best-practice methodologies has now become essential to the smooth running of any business that depends upon product innovation to meet changing consumer needs.

CN: Do you think that going digital and investing more in technology is essential for apparel companies if they want to remain competitive and why?

MH: Today, I believe that PLM has crossed the chasm, and is beginning to ascend the slope to where we might see peak adoption rates on a global

basis. In previous years we have occasionally referred to PLM as being functionally incomplete, or at least lacking in some of what we consider to

be the essential processes and capabilities. In 2014 customers of PLM can now shop for PLM with confidence, safe in the knowledge that a set of core competencies could be assumed.  PLM today is in the most part considered to be a complete solution, capable of delivering against its ROI promises, and already in the hands of both early adopters and the more forward-thinking members of the broader community. And I expect that things will continue to progress even faster with the growth and integration of E-PLM (Extended-PLM) solutions and the use of PLM as an enterprise backbone for extended integration and data consolidation that has created a situation whereby PLM is rightly considered a true enterprise solution, like ERP – something that is evidenced by the significant market growth seen in recent years.

CN: There is a new generation of users out there that is more technology savvy than the previous one.  Isn’t this a real opportunity for apparel companies to leverage this new generation?

MH: The new generation entering the retail, brands and manufacturing market place has little or no reservations of using “smart” technologies the likes of PLM-E-PLM, in fact if anything they expect to see and use smart technologies in their daily lives. Very pleased to say gone are the days were we had to hold people’s hands whilst operating a mouse for the first time! I’m so certain of this transition that I would even say that people will move from business to business to work on smarter technologies than stay working as “fire fighters” in companies that can’t keep pace with the challenges of operating in an ever faster retail world.


I encourage you to make whichPLM.com a favorite in your browser as well as Consumer Goods & Retail !

Celia NEWHOUSE, Marketing Director, Consumer Goods & Retail Dassault SystèmesCelia NEWHOUSE, Marketing Director, Consumer Goods & Retail Dassault Systèmes

@Celia_Newhouse  

 

 

 

Discover My Collection for Fashion, powered by the 3DEXPERIENCE platform provides brands and retailers with a new approach to collaborative innovation and helps them design the products consumers love, while improving global efficiencies and speed to market by up to 50%. My Unified Development and Sourcing,the integrated fashion PLM part of this solution, helps fashion brands and retailers developing their collections on time, at the right price and with the desired quality.

YouTube Preview Image

The Market Has Changed, So Has The Technology Supporting Your Business.

By Celia

In the current world of fashion, companies are rallying to become omni-channel (converged digital/physical new versions of themselves), and new opportunities to grow business, to collaborate, and to innovate have surfaced. The global consumer market has developed an insatiable appetite that is fresh and aligned with individual needs. While product customization requires significant changes in a company’s internal processes, fashion brands and retailers face a huge increase in the number of products and categories they carry as these represent new sources of revenues. They also carry more product variants as they adapt to new markets specifications, like sizes, styles and colors. This means they need a robust collaboration platform where product design and development teams can work together and in parallel in functional areas and on several seasonal lines at a time across several timezones. This also means huge gains in reuse and searching for information and supply chain agility.

PLM is no longer enough to deal with this complexity and businesses need to take the right technology approach while maximizing the value of their investment.  The IDC Maturity model white paper assesses the current state of the company organization and defines a road map that maximizes the value of investments across the five maturity stages of PLM/PIP transformation.

It’s an easy, step-by-step model to do your own assessment. Give it a try!

Fashion PLM, IDC Retail Insights



Page 1 of 1712345...10...Last »