Dynamics Perspective Home
   
Share |

 

PLM: Enabling  faster, better collaboration in product development

With the fast-changing dynamics of retail today, rethinking the way you do business is a necessity, including your product development process.  Whether you are an in-house brand or outsourcing your private label products, you are feeling the pressure of industry challenges to deliver the right products, at the right price, at the right time. Leading retailers recognize that the benefits of private label development are greater than any of the challenges and are turning to Product Lifecycle Management (PLM) to enable the product development and sourcing processes to include supply chain collaboration.

The substantial increase in the percentage of retail private label products means you need to manage product assortments to include branded products, private label products and exclusive products. As a result, your in-house product development groups are growing and your supply chain relationships are evolving.  You need one streamlined product lifecycle management (PLM) system with clear, real-time visibility to handle all the critical business processes and enhance supply chain collaboration.

PTC has pioneered a solution specifically to assist a retailer with these demands. Across diverse product categories, PTC’s proven retail PLM solution provides efficient management of all product-related data and associated processes, throughout the extended global supply chain from initial concept to retail delivery.

 

ERP: Microsoft Dynamics AX for Retail

Increase profitability and success with an integrated, end-to-end business management solution that streamlines your operations from category management through supply chain to point of sale/service (POS). With effective management of products, processes, transactions, and business relationships, Microsoft Dynamics® AX for Retail® can help your organization boost operational efficiency, enhance business insight, and deliver the flexibility you need to take advantage of dynamic market conditions.

Microsoft Dynamics AX for Retail is a robust, powerful solution based on a business model developed specifically for retail organizations. It streamlines all three major parts of the retail business model:

Category Management
Purchase the right product at the right time at the right price from the right supplier. Manage assortments (multiple item groups), associated promotions, and the suppliers for the specific items.

Supply Chain Management
Manage key indicators for operational success. Arrange inbound deliveries, delivery of daily store orders, replenishment, and store distribution. Manage return flows from stores.

Store Operations
Plan and receive goods from vendors, define put-away strategies, and organize item distribution from warehouse to stores to effectively serve sales and promotions. Move goods through inbound deliveries and manage warehouse activities, home and
store deliveries, store logistics (inbound, ordering, and returns), service management,
and sales.

Benefits

• Streamline supply chain processes.

Efficiently manage the product lifecycle to help boost operational efficiency throughout your supply chain. Integrated processes make it easy to manage campaigns, inventories, pricing, costs, and discounts.

• Gain business insight.

With centralized data management, you can aggregate and analyze critical information from across your entire retail operation to efficiently manage processes and transactions, increase service levels, quickly spot evolving customer trends, and make fast, informed decisions.

• View and react in real time.

Administer customer, item, and employee information from a central location to gain improved visibility into real-time sales activities. Improve margins with business intelligence that analyzes critical data from
multiple perspectives.

• Tailor your solution to your unique needs.

Categorize items for your specific business, from cosmetics, fashion, and apparel to electronics, do-it-yourself (DIY), bookstores, and gas stations. With data from POS systems, you can set up and control flexible pricing and discounts.

• Maximize your IT investments.

Build on your existing IT infrastructure with a solution that integrates POS and back-office systems. Streamline operations by smoothly integrating your retail solution with the familiar Microsoft® Office system.
 

Learn more about our solutions for Fashion and Outdoor