Core PLM for Fashion/Retail Industries Features and Functions
Managing the entire product life cycle requires supporting technologies to maintain the integrity of product definition information and to facilitate collaboration among different parties and across different product life cycle stages.
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Product Cost Estimation
By defining cost drivers and assigning values, product decision makers can use product cost estimation to identify the financial influence of a new product as early as the development phase.
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Product Data Vaulting and Management
Product data vaulting and management is a primary capability of the product data management portion of a PLM system. Goals for this area are to ensure that product data is effectively and efficiently captured, stored, protected and version controlled in a way that allows the company to easily find and retrieve the appropriate product information.
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Item Management and Classification/Library
Item Management and Classification is where information on raw materials, intermediates and sub-assemblies, and finished goods is stored. This function facilitates the reuse of product information by managing and classifying existing items properly.
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Product Change Management
Product change management is the process by which changes to product designs are implemented in subsequent processes. This process covers simple material substitutions, as well as major process changes that require plant engineering. The key challenge for the fashion and retail industries is to conveniently integrate the change across the enterprise and the value chain, such that revisions to products are communicated and deployed effectively and efficiently.
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Workflow and Business Process Management
Modeling and execution criteria for business processes.
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Visualization, Markup, and Translation of Product Data
Visualization, markup, and translation tools unlock product data that is typically stored in proprietary data formats, allowing the data to be shared with others without original authoring tools.
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Integration
Integration is the system's capability of interacting with documents and other systems.
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BOM Management
The bill of material (BOM) represents the materials required to produce or assemble a product or new material. The BOM identifies all required materials that are needed as input to a production process, as well as material (or materials) created by the process.
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PLM for the Fashion Industry Features and Functions
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