Retailers are Depending on PLM for Growth
March 6, 2012
Product Lifecycle Management (PLM) is no longer exclusively for engineers and manufacturing. The retail industry has slowly been adding PLM software and retailers are seeing the power of PLM. Recently, one of England’s fastest growing retailers hired a consulting firm to review and evaluate their PLM system. The details are found in Hitachi Consulting UK Helps Boden Assess Global Product Lifecycle Management Solutions to Support Strategic Growth.
Despite the economic downturn, Boden has seen significant growth in several markets.
“As a result of its on-going growth, the company needed to review its current product lifecycle management processes to ensure global business alignment across both its business strategy and technology processes. Boden required an assessment of alternative solutions capable of providing more efficient and automated processes for product development and analysis, such as insight into buying patterns, to further support the future growth of the business and product diversity into the marketplace.”
Hitachi Consulting UK is a global business and IT consulting company. They completed an extensive review and their PLM recommendation “will enable [Boden] to improve efficiency, and also lend itself to the design, buying and merchandising teams.”
Retailers are realizing the advantages that PLM can bring to their industry. Solutions like those developed by Inforbix could be invaluable to a retailer. Inforbix has revolutionized the way companies can find, use and re-share product data. That means less time and more money – which is music to any company’s ears.
Jennifer Wensink, March 6, 2012
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