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Influence of IT in Retail

FB PLM NIFT Presentation

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Page 1: FB PLM NIFT Presentation

Influence of IT in Retail

Page 2: FB PLM NIFT Presentation

List of Technologies used in Retail Business

• Enterprise Resource Planning –(ERP)

• POS-Point of sale

• Merchandise Assortment Planning- (MAP)

• Planogram

• Design Tools

• Product Life Cycle Management- (PLM)

Page 3: FB PLM NIFT Presentation

An Introduction toProduct Lifecycle Management

(PLM)

© Copyright Ptex Solutions, 2007

Page 4: FB PLM NIFT Presentation

PLM approach…

Fast Fashion

Global Product Development Rationalize of

Suppliers

Improve Control over Product Information

Improve Internal / External

CollaborationLine Plan

Management

Page 5: FB PLM NIFT Presentation

PLM include many components:

Product Data managementLine Planning Material Development and ManagementBill of Material Costing ScenarioMeasurements Internal and Vendor CollaborationSample ManagementQuality Assurance Workflow and Process trackingData Libraries

Spec/PDM

Concept Initiation &

Development

Design &

Material Library

Sourcing & QA

Line Planning

Proto/Fit Iterations

Workflow &Event Tracking

Collaboration

Spec/PDM

Concept Initiation &

Development

Design &

Material Library

Sourcing & QA

Line Planning

SampleIterations

Workflow &Event Tracking

Collaboration

Page 6: FB PLM NIFT Presentation

Design and Product development in Fashion Industry

Page 7: FB PLM NIFT Presentation

Apparel product Life-Cycle

Pre-production

MaterialManagement

Designing

Planning

Concept

Product Development

Sourcing& Production

Page 8: FB PLM NIFT Presentation

Fashion Product Life Cycle

Automatic generationTemplate Package

Quality Assurance Sourcing Production

Design Mood Board&

Artwork

Sample Management

Specification SheetCreating Costing Creating BOM

Line Planning SketchesTrend

Development& Research

Page 9: FB PLM NIFT Presentation

PLM and Fashion

Page 10: FB PLM NIFT Presentation

Key players

Designer Merchandiser Planner Garment Engineer Patternmaker Quality Assurance Vendors

Page 11: FB PLM NIFT Presentation

Planner

Develops the initial range plan

Communicate requirements to designer

Checks the line planning

Page 12: FB PLM NIFT Presentation

Designer

Research silhouettes, shape and fit trendDevelop Theme, Mood, Brand & Concept Boards

Develops designs according the range requirement (Silhouettes, CADs, Artworks)

Provides Designs to Merchandisers

Alters the Designs according the commercial requirements

Page 13: FB PLM NIFT Presentation

Merchandiser

Provide feedback on Designs

Creates Bill of Materials

Does garment costing

Deals with vendors

Provide feedback on Sample

Page 14: FB PLM NIFT Presentation

Garment Engineer

Provides technical feedback on designs

Develops construction details

Creates measurement chart

Garment Operation breakdown

Provides feedback on samples

Creates Techpack or Specpack and provides it to Vendors

Page 15: FB PLM NIFT Presentation

Pattern Maker & Sample Developer

Creates garment pattern

Makes marker

Manufacture samples

Page 16: FB PLM NIFT Presentation

Vendors

Manufacturers various samples

Provide Samples to QA

Provide Labdips for approval

Provide quotation

Receive order for bulk production

Page 17: FB PLM NIFT Presentation

Quality Assurance

Validates all specifications, consumptions and samples sent by vendors at various different stages.

Builds QA report

Sends QA report to Designers, Merchandisers and Garment Engineers

Page 18: FB PLM NIFT Presentation

Apparel Development Stages

Concept development

Design development

Product development

Material development

Sample development

Approved product

SourcingConcept

DevelopmentDesign

DevelopmentProduct

DevelopmentMaterial

DevelopmentSample

DevelopmentApprovedProduct Sourcing

Page 19: FB PLM NIFT Presentation

Concept Development

Get inspiration from Fashion Forecast agencies like Trendstop, WGSN etc.

Attend Fashion shows, Fabric shows, Trade shows.

Competitive Analysis

Color research, create color themes/palettes

Research silhouettes, shape and fit trend

Develop Theme, Mood, Brand, Concept and Color Boards

Concept Development

Design Development

Product Development

Material Development

Sample Development

ApprovedProduct Sourcing

Page 20: FB PLM NIFT Presentation

TRENDFORECAST

Design Development

Product Development

Material Development

Sample Development

ApprovedProduct SourcingConcept

Development

Page 21: FB PLM NIFT Presentation

COLOR FORECAST

Design Development

Product Development

Material Development

Sample Development

ApprovedProduct SourcingConcept

Development

Page 22: FB PLM NIFT Presentation

Design Development

Product Development

Material Development

Sample Development

ApprovedProduct SourcingConcept

Development

Page 23: FB PLM NIFT Presentation

Design developmentDeveloping body (the Silhouettes, Design)

Developing new fabrics (Structures, Designs, Colors)

Developing value additions (Prints, Logos, Embroideries)

Co-ordinate information internally with product development team

Design Development

Product Development

Material Development

Sample Development

ApprovedProduct SourcingConcept

Development

Page 24: FB PLM NIFT Presentation

Design Development

Product Development

Material Development

Sample Development

ApprovedProduct SourcingConcept

Development

Page 25: FB PLM NIFT Presentation

Making a design commercial

Developing Bill of materials (BOM)

Developing specification sheet

Review meeting to discuss the design

Review meetings to discuss line or range

Creating costing scenario

Initiating sample development

Product Development

Design Development

Material Development

Sample Development

ApprovedProduct Sourcing

Product Development

ConceptDevelopment

Page 26: FB PLM NIFT Presentation

Design Development

Material Development

Sample Development

ApprovedProduct Sourcing

Product Development

ConceptDevelopment

Page 27: FB PLM NIFT Presentation

Material Development Develop new Fabrics

Develop Trims

Fabric & Trim Sampling & Testing

Maintain Fabric & Trim Library

Design Development

Material Development

Sample Development

ApprovedProduct SourcingProduct

Development

ConceptDevelopment

Page 28: FB PLM NIFT Presentation

Fabric development

Fabric structure

Fabric properties

Fabric test standards

Develop fabric CAD design (solid, Printed)

Develop fabric (swatches, yardages, desklooms etc)

Design Development

Material Development

Sample Development

ApprovedProduct SourcingProduct

Development

ConceptDevelopment

Page 29: FB PLM NIFT Presentation

Design Development

Material Development

Sample Development

ApprovedProduct SourcingProduct

Development

ConceptDevelopment

Page 30: FB PLM NIFT Presentation

Sample Development

Receiving sample request for all fit, photo, proto, salesman people, pre-production , T.O.P sample.

Requesting fabric samples include (yardage, desklooms, lab-dip, swatch)

Developing a garment pattern

Submitting samples to designer, merchandiser and garment engineer.

Receiving feedback from designer and garment engineer

Design Development Material

Development

Sample Development

ApprovedProduct SourcingProduct

Development

ConceptDevelopment

Page 31: FB PLM NIFT Presentation

Sample Evaluation Quality assurance

Feedback from designer, garment engineers, merchandisers.

Remake the sample based on style, fabric changes etc.

Design Development Material

Development

Sample Development

ApprovedProduct SourcingProduct

Development

ConceptDevelopment

Page 32: FB PLM NIFT Presentation

Approved Product

Design Development Material

Development

Sample Development

ApprovedProduct

SourcingProduct Development

ConceptDevelopment

Page 33: FB PLM NIFT Presentation

Sourcing Provides Techpacks to vendors

Requests for samples from multiple vendors

Requests for quotations from multiple vendors

Compares internal costing with quotation from vendors

Approves the best quotation

Place an order for bulk production

Design Development Material

Development

Sample Development

ApprovedProduct SourcingProduct

Development

ConceptDevelopment

Page 34: FB PLM NIFT Presentation

Introduction to Freeborders PLM

Page 35: FB PLM NIFT Presentation

Typical Product Development systems using the industry

• Product development information is spread across many disparate systems

• A combination of various manual processes• Excel Spread sheets• Corel Draw / Adobe Illustrator / Adobe Photoshop etc• CAD Tools• Telephone calls• Fax Sheets• Emails

Source: AMR Research

Page 36: FB PLM NIFT Presentation

Collaboration across the process

Product Lifecycle

Management & Workflow

CADDept

CommercialSystems

Product Development

DesignDept

Quality Dept

Supply Chain / ERP System

(SAP)

Page 37: FB PLM NIFT Presentation

The Product: Freeborders PLM Suite

Data Management – Common Database

FB Library

Collaboration

Common UI

Administration & Security

FBLine

Optimizer

FB Storyboard

FB Source

FB ProductManager

FB 3D

FB Designer

FB Fabric &

Trim

PlanningProductDesign

Pre-Production

MaterialsManagement

Sourcing & Production

FB Report Launcher

FB WorkflowBusinessIntelligence

PLMProduct

Foundations

Page 38: FB PLM NIFT Presentation

FB Storyboard

Concept Storyboard

FB Storyboard revolutionizes the offline storyboard process and strengthens product development collaboration

Key Features

FB Storyboard White board area for assets Asset clipboard Asset repository Search/organize features High-resolution compression

technology for images Collaboration and sharing Used for creation of mode &

trend boards Early visual line plans

Page 39: FB PLM NIFT Presentation

FB Line OptimizerFB Line Optimizer enables development teams to create line plans and analyze cost scenarios to maximize the financial potential of a company’s product mix

Key Features

FB Line Optimizer Line plan creator to run line

scenarios Preliminary product

specification forms Business modeling Template library XML import/export Merchandising calendar Reporting

Page 40: FB PLM NIFT Presentation

FB Designer & V-Stitcher2D and 3D Design applications

Key Features

FB Designer & Precise design Sketches Mannequin Customization Style Book True to Scale 2D sketch

FB 3D Converts 2d patterns into

3D Customize 3D Mannequins Drape different Fabrics

Page 41: FB PLM NIFT Presentation

FB Fabric & Trim

Key Features

FB Fabric & Trim Centralised one-stop

checkpoint for development Sample request centre Configurable forms Template library Multi-level searching “Where-used” functionality XML import/export

A one-stop checkpoint for material specifications, sample and cost requests, FB Fabric & Trim facilitates collaboration with textile and trim suppliers on raw material data.

Page 42: FB PLM NIFT Presentation

FB Product ManagerKey Features

FB Product Manager True Web-based product

creater Specification data Project management Advanced costing Quotation management Sample management Issues centre Library History and rollback Reporting Configurable forms

FB Product Manager is the product development control panel, enabling the creation, review and approval of all elements of a specification

Page 43: FB PLM NIFT Presentation

FB SourceFB Source is a robust, manufacturer data management and supply chain collaboration application

Key Features

FB Source Selection of suppliers Communication of order

requirements Evaluation of placement options Negotiation of costs and terms Capacity planning / sourcing plans Vendor management Placement of orders for production Ethical trading management Technical capability management Factory auditing

Page 44: FB PLM NIFT Presentation

FB WorkflowFB Workflow provides simple and effective time and action calendars to proactively track progress throughout the product lifecycle

Key Features

FB Workflow Automatic and proactive issue

reporting and monitoring Task scheduling, allocating

and tracking Critical path tracking Automatic alerts Self-help knowledge base

Page 45: FB PLM NIFT Presentation

The benefits of speed are compelling for apparel Retailers….

Higher inventory turnover: 5 to 7 times

Net margin improvement: 15% to 20%

Greater full price sell through: more than 80%

Comparable store sales increase: 10% to 12%

Shopper frequency increase: 12 to 17 times per year

Source: AMR Research

Page 46: FB PLM NIFT Presentation

Benefits

Right to market and Time to market Reduces the product development cost and lead times Provide comprehensive product information internally and

to supplier Enables suppliers, vendors, customers to access up-to-

date product information from one version of truth Access of information 24 x 7 any where in the world Links supply chain from end to end Automatic tracking and notification of key milestones and

improved scheduling between multiple layers of suppliers Manages multiple factor, versions and dimensions of

Product development Improved management of frequent specification changes Proactively spot and fix bottleneck issues

Page 47: FB PLM NIFT Presentation

CASE - STUDY

Page 48: FB PLM NIFT Presentation

PLM in daily use

PLM is currently being used to manage 12 active seasons in Fashion Apparel

Over 50,000 electronic files are stored in Document Vault (central information)

29 Reports and 54 Line Plan views are utilized daily by 500 different user profiles.

200 vendors access this information on daily basis.

9 Apparel milestones are traced as workflow gates.

Page 49: FB PLM NIFT Presentation

Line Plan Views

Styles,Size,Color,Price

FinancialDashboard

Page 50: FB PLM NIFT Presentation

Style Information

Image edit

Zoom Image

Sketch detail

Page 51: FB PLM NIFT Presentation

Specification

Sample request

Sample Evaluation

Grade Increments

Page 52: FB PLM NIFT Presentation

Iteration History

Track changes

Page 53: FB PLM NIFT Presentation

Reports

Page 54: FB PLM NIFT Presentation

Workflow

Ganttchart

To do list

Page 55: FB PLM NIFT Presentation

Ptex Value Proposition

• We Provide :

• Leading PLM Solution

• Industry Best Practice

• Comprehensively Training

• Rapid Implementation

Page 56: FB PLM NIFT Presentation

Thank You