A short while ago, Apparel Magazine in conjunction with Gartner issued their PLM for Apparel 2010, 5th Annual Apparel Research Study and Analysis. To summarize briefly, unlike a year ago when PLM initiatives were stalled, the adoption of PLM as part of the private label retailers’ and brand owners’ infrastructure has regained momentum, albeit implementing cautiously.
Now, as the economic landscape slowly improves, companies are looking for more out of their investment. According to Apparel/Gartner, they are seeking analytics that encompass sourcing, costing, and raw materials forecasts. Again, according to Apparel/Gartner, PLM solution providers are being asked for Added/Enhanced Software capabilities in the following areas in order of importance:
- Costing
- Sourcing
- Collaboration
- Business Intelligence and Reporting
- Product Ideation
- Calendering
With the exception of Product Ideation, Arigo is delivering these capabilities already for a wide variety of Fortune 1000 retailers- and we’ve been doing it for over a decade across a multitude of product categories. We have invested millions in our technologies, so you can only imagine the level of effort and cost the PLM providers will have to invest before they get it right. If you need it…we’ve got it…now!