Product Lifecycle
Management

Agility and response time to changing market needs are key factors impacting the competitive advantage within the apparel/footwear industry. Emerging fashion trends, changing seasonality of collections, and stronger competition have substantial influence on the fluctuation in assortment’s demand. With long time-to-market, dispersed design and buying process, coupled with resource and time-consuming communication with Vendors and extensive delivery-times, companies struggle to effectively manage and optimize the execution of their full lifecycle. This, combined with exponentially growing volume of product data implies that mistakes made 9 months ahead of collection introduction, are really hard to be spotted and fixed at later stages. This could be the key reason why companies should invest in a “single source of truth” for all of collection data, a hub for collaboration and idea sharing both internally and externally.

Challenges

  • Lack of digital collection visualization in one place
  • Several methods and systems to manage stages of product design & development, which is time consuming and last too long
  • E-mail communication with Suppliers with no history, standards and automation
  • Extensive time-to-market process
  • Dispersed buying process that leads to similar product offerings purchased within one collection
See our solution

Gains:

2 - 5%

Improvement in Design&Buy throughput

by 20%

Reduced leadtimes and collection calendar

1 - 3%

Decrease in costs

Benefits:

  • Faster time-to-market:
    • Reduced number of samples
    • Faster prototypes/concepts to stay ahead of the design curve
    • Coherent outline on the entire assortment, blocks of assortment as well as specific departments and group of products
    • Transformation of market launch from inspiration to assortment development and purchase


  • Streamline processes:
    • Collaboration with Suppliers (RFI, RFP, digital sample, order and delivery)
    • Digital Milestone Meetings
    • Omni-channel support (Retail, eCom, Franchise, Wholesale)

Contact us

Pronos Sp. z o.o.
ul. Przyjaźni 6/U5
53-030 Wrocław
 

We’d be delighted to discuss your needs and goals, and determine how we could add value to your business.

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