stay connected with our monthly download
We’ll drop into your inbox no more than once per month with the latest news, features, tutorials and more.
Demanding Trends & The Transformative Power of Product Lifecycle Management
In today’s ever-evolving world of consumer demands, the fashion industry is weighted to change trends at lightning speed. The pressure to meet these demands frequently results in unsustainable production practices that lead to a negative impact on the environment.
However, by implementing effective Product Lifecycle Management (PLM) strategies, fashion brands can navigate demanding trends while minimising their ecological footprint. In this blog, we will explore the nature of demanding trends and delve into how a well-executed PLM system can bring about positive changes in the fashion industry.
understanding demand trends
Demanding trends are consumer-driven and have little or no influence on Brands. With the rise of Sustainable, Ethical, and Equality awareness, consumers seek insight into their purchase lifecycle. Fashion brands are struggling to deliver new collections that align with these trends to stay relevant and maintain their market share.
However, this rapid turnover of trends has significantly increased demands for Product Lifecycle Management platforms which assist Fashion Brands in developing products seamlessly that align with their consumer base.
the role of product lifecycle management
Product Lifecycle Management plays a crucial role in managing demanding trends while prioritising sustainability and responsible production. Let’s explore how PLM can positively impact the fashion industry in the context of demanding trends:
Trend Forecasting & Planning:
PLM systems provide fashion brands with real-time data and analytics that aid in trend forecasting. By accurately predicting upcoming trends, brands can plan their collections in advance, reducing the need for rushed production and minimising wasteful practices.
PLM enables better synchronisation between design, sourcing, and production departments, resulting in a more streamlined and efficient workflow.
Collaborative Design & Development:
PLM platforms facilitate collaboration among different teams involved in the design and development process by providing equal features & functions to elevate their productivity.
This enables faster decision-making, better communication, and a reduced time-to-market for new collections. By aligning teams and streamlining workflows, PLM ensures that demanding trends are met while maintaining high-quality standards.
Sustainable Material Sourcing:
PLM systems integrate databases of sustainable materials, enabling designers to make informed choices when selecting materials for their collections.
By promoting the use of eco-friendly fabrics, recycled materials, and responsible sourcing, PLM helps fashion brands align with demanding trends while minimising the environmental impact of production.
Efficient Supply Chain Management:
PLM allows for better visibility and management of the entire supply chain, from sourcing raw materials to the delivery of finished products.
This transparency helps brands identify potential bottlenecks, optimise logistics, and reduce waste. By streamlining the supply chain, PLM enables fashion brands to respond to demanding trends with agility and minimise their carbon footprint.
Circular Economy Practices:
PLM systems facilitate the implementation of circular economy practices such as repair, remanufacturing, and recycling. By extending the lifespan of products and promoting responsible disposal, fashion brands can align with demanding trends without contributing to the growing issue of textile waste.
PLM enables traceability, making it easier to track and manage the entire lifecycle of a product.
conclusion
Demanding trends in the fashion industry can exert immense pressure on brands to constantly innovate and produce new collections. However, by adopting Product Lifecycle Management strategies, fashion brands can navigate these demanding trends while minimising their environmental impact. By using all its feature like tech packs.
PLM enables better planning, collaboration, and material sourcing, resulting in streamlined workflows and sustainable practices. By embracing PLM, fashion brands can meet consumer demands without compromising on ethics and sustainability, paving the way for a more responsible and resilient industry.
It’s time for the fashion industry to harness the transformative power of PLM and drive positive change in the face of demanding trends.