Company Profile

PTC - the Product Development Company

PTC stands for optimization in product development – not only in Retail
PTC is all about helping discrete manufacturers succeed by meeting their globalization, time-to-market, and operational efficiency objectives in product development. As one of the world's largest and fastest-growing software companies, we deliver a complete portfolio of integral Product Lifecycle Management solutions to over 25,000 customers in the Industrial, High Tech, Aerospace & Defense, Automotive, Consumer, and Medical Device industries.

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.

PLM: Streamline product development by unifying design, merchandising and sourcing
Globalization is forcing many Footwear and Apparel companies to transform the way they do business. Strategic goals are underpinned by business initiatives focused on reducing cycle time, adopting fast fashion, mastering global product development and improving sourcing decisions. The rules of the game have changed: simplifying product development is the focal point for delivering sustainable business value. The implementation of PTC’s proven PLM system can enhance operational efficiency from initial concept to store delivery, ultimately improving overall profitability.

Some of the benefits that PTC’s footwear and apparel global customers have experienced with PLM include:

• Reduction of cycle time
• Increased adoption rates
• Reduction in quality defects
• Increased efficiency
• Overall product cost reduction

Learn more about PTC’s solution for Retail http://www.ptc.com/industry/retail and Footwear & Apparel http://www.ptc.com/industry/footwear-apparel.