Powerful IT Solutions for the Fashion Industry
Updated: Jun 25, 2019
An ERP System is much more than a piece software, it is a management system that, in addition to increasing the profitability of your business, enables endless opportunities. In this blog we will discuss one of the most powerful IT solutions for the fashion industry in the market.
PLM (Product Life Cycle Management) from Microsoft Dynamics is a specialized information system that allows you to manage industrial products at different stages of their life cycle (from conception to withdrawal from the market).
This software has the vocation of managing the technical heritage of the entire company and optimizing the development of new products.
Product Lifecycle Management: Information strategy
1. It enables building a coherent data structure, consolidating diverse sources of information.
2. It allows global companies to work as a unified team to design, produce, support and withdraw products from the market and, at the same time, collect the best practices and lessons learned during the process.
With Microsoft Dynamics NAV for the fashion industry businesses can manage the complete cycle of their products efficiently.
In this way every stage of execution can be precisely defined, such as the conception of new ideas and prototypes, design, computer-aided manufacturing (CAM), computer-aided engineering (CAE), digital manufacturing and product data management (PDM), ending with the decline and definitive suspension of a product and / or the launching of new collections.
The product life cycle refers to a strategic business approach that is consistent in the application of a set of solutions to support collaborative action throughout the activity of the company. It is important to think about the creation, management, dissemination and use of information for the definition of the product, from its conception until the end of its life.
This IT solution for the fashion industry favors the integration of team members, processes, business systems and information from the same platform, so that from the most important point reviews, search and control design approvals can be managed; from here you can establish the necessary connections with a system to provide timely information on all articles.
Characteristics of Microsoft Dynamics: What can companies achieve?
Increase your gross income from repeatable processes.
It offers the depth and breadth of applications necessary to digitally validate and manage the product and process data.
Optimizes relationships throughout the life cycle and in organizations.
Supports continuous innovation.
Maximizes the value of the duration of your company's product portfolio.
Establishes a unique registration system to support the needs of the various data.
Reduce time to market.
Identify bottlenecks between your different departments.
Higher quality products.
Lower prototype costs.
Savings through the reuse of original data.
Provide a framework for product optimization.
Savings through the complete integration of engineering flows.
What are some of the tested benefits?
Improvement of the product change cycle times of around 40%.
Reduction from 15% to 30% in the realization of prototypes.
Reduction of up to 40% in time to market.
Improvement of 25% in productivity in engineering design.
Decrease of development time of a product family by 75%.
Reduction of the engineering review process by 83%.
Provides a 5% increase in income.
This post was originally posted by IT Soluciones.