Infor Releases Latest Life Cycle Management Plan For Apparel And Footwear Industry
Infor has recently announced the latest version of Infor PLM Runtime, a comprehensive lifecycle management solution for clothing and footwear manufacturing industry.
The new edition adds nearly 40 new functions to help manufacturers enhance collaboration with suppliers and improve efficiency and effectiveness in new product development and market promotion.
Infor PLM Runtime will help global apparel and footwear manufacturers design, purchase and launch their innovative products.
In today's fashion industry, the trend is changing rapidly. The life cycle of seasonal products may be only a few weeks. This requires manufacturers to enhance collaboration with suppliers as part of the supply chain.
When the whole supply chain changes, Infor PLM Runtime can make the company adjust without interrupting the normal business process, thereby reducing the risk that can not meet customer needs.
In addition, a new self-service function enables suppliers to directly access real-time information, simplify communication in the entire supply chain, and significantly reduce pportation costs and production time.
According to the latest report released by Aberdeen research group, 50% of the top clothing and footwear manufacturers will carefully consider that they will choose lifecycle management software to help them manage production, cost and sales targets, while increasing the rate of return by ensuring timely delivery of products.
The new functions of Infor PLM Runtime include:
Supplier delivery management ensures that multiple suppliers can deliver their products on time and in a budget.
Cross brand inspection enables the design and production of multi brand companies in the same factory to ensure consistency and integrity of each brand.
More general note labels do not need to be plated for products sold around the world.
Sample order processing, suppliers can receive multiple offers and automatically converted into sales orders.
This capability enables manufacturers to evaluate new brands and suppliers without affecting production.
The improved cost calculator enables manufacturers to simulate situations of multiple production and multiple suppliers, and make trade-offs to minimize costs.
With this enhancement function, manufacturers can quickly identify second and third suppliers when purchasing, ensuring accurate cost.
Rory Granros, director of life cycle management at Infor industry and product marketing department, said: "as many apparel and footwear manufacturers shift their production base to the sea to reduce costs, the communication of the entire enterprise becomes very challenging.
The new capabilities of Infor PLM Runtime enable manufacturers to effectively manage these global challenges, control product data flows throughout the enterprise, and improve communication with suppliers at this critical stage of development. "
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