Missed opportunity: how to avoid 4 common plm implementation regrets
In today’s fast-moving fashion industry, product lifecycle management is critical to productivity and profitability. Widespread adoption of PLM software has demonstrated its effectiveness and made it accessible, allowing vendors to fine-tune their offerings and maximize value. Fashion companies that take a piecemeal approach to implementation run the risk of missing out on opportunities, however. By devising a PLM implementation strategy right from the start, fashion company CIOs can make the most of their PLM investment and ensure a smooth rollout.
Because CIOs shoulder the responsibility of choosing the right PLM platform for their organization, they should take into consideration the solution’s operating life, as well as the long-term commitment of their software vendor. When assessing vendor added-value, the features and functionality of their solutions must be weighed, as well as their industry expertise and overall alignment with digital transformation objectives and overall business strategy.