For supply chain professionals in your organization to receive the flexibility and agility they need to increase speed, drive down costs, and satisfy customers, there are four critical components your company must possess. These include real-time visibility, predictive insights, prescriptive decision support, and real-time collaborative execution, all of which can be achieved through the implementation of supply chain control tower.
Deploying a network model to achieve real-time, end-to-end visibility
Visibility is the foundation of every control tower capability, with all advanced decision making and responses within the execution window relying upon the quality and timeliness of visibility. Keeping order, shipment, and inventory status updated for all parties to see in real time is critical to success., but this often proves a core challenge for control towers, since highly dynamic supply chains can change at a rate of over 50 changes per second.
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Topics: ERP, Supply Chain, Supply Chain Visibility, Supply Chain Network, Fashion PLM, Infor M3 ERP, Enterprise Software, Supply Chain Operations, WMS, Supply Chain Management
The fashion business has unique demands, and one of the most critical is the need for a collaborative design and development process. This process must be able to function in an environment of complex global sourcing, whether a company is in high fashion, luxury goods, apparel, footwear, home textiles, accessories, or any other style-based products. What makes this unique—and quite complicated—for fashion companies, is the sheer number of varieties that typically exist within product lines, such as styles, colors, and sizes. This complexity compounds further when additional lines and collections enter the mix.
In this blog post, we’ll explore the first step in reinforcing a collaborative network which is to establish a strong product lifecycle management process that helps manage collections, sustainable fabric compositions, and design specifications.
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Topics: Fashion & Retail, Fashion & Apparel, Fashion PLM, CloudSuite PLM, Fashion, Infor CloudSuite Fashion PLM, Infor PLM
As the remote work revolution sweeps the globe, contrarians are quick to point out that certain industries and positions may not be realistic candidates for working from home. Jobs in hospitality are frequently pointed to as examples of roles that require a physical presence – after all, that bed will not make itself. But forward-thinking organizations are using this crisis as the impetus to think creatively about what is and is not needed on-site.
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Topics: ERP, Fashion & Retail, Supply Chain, Fashion PLM, Cloudsuite Fashion & Apparel, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management
Who is best suited to be in a remote work setting?
The grand remote work experiment we have all participated in over the last few months has resulted in a renewed interest in the concept becoming a regular component of the corporate landscape. And while enthusiasm for the approach has grown considerably, abandoning the physical office may not be attractive to everyone. In fact, some people have been quite vocal in their call for a return to the workplace, as they complain about their increased workload, lack of social interaction, constant parade of exhausting Zoom calls and inability to quickly (and clearly) communicate with colleagues. So how can we tell the difference between an admirer and an adversary of this new model of work?
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Topics: ERP, Fashion & Retail, Supply Chain, Fashion PLM, Cloudsuite Fashion & Apparel, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management
The first place most organizations will go for answers to the remote work dilemma is into the arms of technology vendors. They will make the assumption that a new tool, or the enhancement of a current one will be the key to maintaining a productive workforce despite the continued existence of physical distance. After all, Zoom (arguably the most infamous beneficiary of the pandemic) went from 10 million daily users in December 2019 to more than 300 million in April 2020. In reality, there are sequential steps to take well before any new technology is introduced to the equation.
The culture question
The first step is more introspective, as organizations would benefit from a candid evaluation of their culture that may or may not be a strong foundation for a remote work environment. A dispersed workforce presents unique challenges that will quickly test the foundation of trust between employee and employer. Ryan Malone, founder of digital marketing agency SmartBugMedia finds this counterintuitive. "You've invested all of this time in vetting them," says Malone. "Why would you now say I don't trust you, because I'm not staring at you?” Would your organization be able to quickly adapt to this new degree of independence and autonomy, or would there be a temptation to revert to surveillance tactics to validate effort?
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Topics: ERP, Fashion & Retail, Supply Chain, Fashion PLM, Cloudsuite Fashion & Apparel, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management
In today’s highly competitive and consumer-driven marketplace, fashion companies are under enormous pressure to create exciting new products at a moment’s notice. By providing a central repository for storing and accessing design and development information, CloudSuite PLM for Fashion can help businesses meet this need for speed, while also making sure new styles and collections are delivered with consistent quality—at the right time and right price.
Accelerate innovation with CloudSuite PLM for Fashion
Whether a company has 20 users or more than 2,000, Infor CloudSuite PLM for Fashion is designed to accelerate development cycles to get ideas to market faster. With its intuitive, personalized user interface, CloudSuite PLM for Fashion is an end-to-end solution that connects every aspect of a product’s lifecycle, from the first sketch to the store.
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Topics: Fashion & Retail, Fashion PLM, CloudSuite PLM
The biggest mall owner in the U.S., Simon Property Group, is teaming with online shopping site Rue La La’s parent company to launch a new kind of website for people looking for deals.
The real estate company announced Wednesday it’s partnering with Rue Gilt Groupe, which is backed by Michael Rubin, CEO of Fanatics’ parent company Kynetic, to create a new e-commerce business for discount shopping.
Simon has been testing the website “ShopPremiumOutlets.com” since March, building on its premium outlet centers business. The mall owner operates dozens of premium outlet centers nationwide and a handful overseas. It’s been working with certain retailers at those centers — which include Woodbury Common Premium Outlets in New York — to test selling merchandise together on this site. It says it has signed on more than 2,000 designers, and has about 300,000 products.
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Topics: Fashion & Retail, Retail, Fashion & Apparel, Infor Retail, Online Retail, Fashion PLM, CloudSuite Retail
A recent report valued the rental subscription market at around 1 billion dollars in 2018 and forecast it grows more than 20 percent a year, reaching 2.5 billion dollars by 2023. This trend isn’t lost on traditional retailers: over the last year everyone in the industry seems to be launching their own clothing rental service.
Recent research from GlobalData confirms the explosive growth of clothing rental and / or subscription services: it’s expected to reach 2.5 billion dollars value by 2023, prompting brands such as Banana Republic, Macy’s, Urban Outfitters, Trunk Club or J.C. Penney to announce their own apparel rental services.
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Topics: Fashion & Retail, Retail, Fashion & Apparel, Infor Retail, Online Retail, Fashion PLM, CloudSuite Retail
Stop and think about a day you could go without your smartphone. You are checking your calendar to see when or if that is even possible. And yet you may not realize that checking email, texting your doctor or tracking your children’s usage is only part of the life your smart device breathes into you. Last year, Americans made almost 30% of purchases through a mobile device. Next-day and same-day delivery created a market for mobile shoppers and retailers are responding.
The one where the market creator remains the market leader
Amazon, the retail Goliath, created the market for instant gratification with its online presence and product availability.
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Topics: Fashion & Retail, Retail, Fashion & Apparel, Infor Retail, Online Retail, Fashion PLM, CloudSuite Retail
The latest release of Infor Fashion PLM offers new tools to help you plan, develop, comply, approve, and collaborate with partners in the design and pre-production process. In addition, the new Fashion PLM Cloud Edition offers a multi-tenant solution built on the Infor OS platform, which also leverages Infor ION and Infor Ming.le for seamless and social collaboration.
We've highlighted ten reasons that your company should upgrade to the latest version of Infor Fashion PLM. Continue reading the blog to learn.
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Topics: Fashion & Apparel, Fashion PLM, Cloudsuite Fashion & Apparel