The fashion industry moves at a fast pace and maintaining control at every stage of your value chain can be overwhelming. From the extraction of raw materials to the delivery of the finished product to the warehouse, there are many processes involved, each of which contributes to the final article. This is where the Product Lifecycle Management (PLM) tool comes in, providing a comprehensive solution to efficiently manage the life cycle of items in your business. In this post we will tell you what a PLM in the fashion industry consists of and how you can use this tool to provide total transparency to your brand.
Very soon you will have your own PLM tool at your fingertips. A solution exclusively designed to address the traceability of your fashion business
The distinctive features of the textile sector require the creation of specific solutions that respond to their needs. For this reason, from BCome, the Platform for the Global Sustainability Management in the fashion industry, we’re finalizing the details so that very soon you will have your own PLM tool at your fingertips. A solution exclusively designed to address the traceability of your fashion business.
With BCome’s PLM, you will be able to identify valuable information in each of the stages of your supply chain, ensuring total transparency and control over your business operations. This tool offers access to traceability data, providing a comprehensive view of the items analyzed, suppliers involved, materials, and your company’s logistics.
Below, we show you what are the news that this solution presents and why it is essential for your fashion company:
- Complete vision of your entire supply chain. BCome’s PLM offers a complete view of your supply chain, allowing you to understand the end-to-end flow of materials, processes and information. This transparency will allow you to identify possible bottlenecks, optimize operations, as well as make more informed decisions.
- Access to traceability data on the platform. Through our PLM tool you will have access to traceability data available on the BCome platform. A quick way to consult information about the origin and journey of each of your products.
- Automated updates and data analysis. Tracking data manually can be time consuming and lead to errors. Our PLM tool automates data updates, ensuring you always have the most accurate information at your fingertips.
- Display of detailed supplier information. Knowing who your suppliers are is essential to maintain the quality of your products and guarantee a responsible supply. BCome’s PLM provides a detailed view of your suppliers, including their certifications and applied best practices. This information will allow you to better understand who is behind your products and check if they are aligned with your values and standards.
But how does your supply chain information get to the BCome platform? The introduction of data in the PLM tool involves continuous monitoring by the Sustainability Coaches who will guide you throughout the process. Our team of experts will be at your disposal at all times to answer any questions you may have and make sure that the work and the declaration of the information are carried out accurately.
This is how BCome PLM works and the benefits it can bring to your fashion business:
- Classification of data by stage of the chain. Our PLM classifies the data collected throughout the value chain, organizing it based on each stage of the product life cycle. This classification allows easy navigation and information recovery, which eases the monitoring and management of the different processes involved.
- Calculation of the product traceability score. The PLM calculates the product traceability score, offering a clear understanding of the level of transparency achieved for each item. This information won’t only help you monitor and improve the sustainable performance of your business, but it will also be a valuable metric to communicate to your stakeholders and consumers.
- The data is splitted by articles, materials, suppliers and logistics. This tool classifies information by items, materials, suppliers, and logistics, offering a detailed view of every aspect of your supply chain. This level of information will allow you to identify areas that require improvement, optimize inventory management, and ensure regulatory compliance.
- Detailed information per article sheet. Each product has a specific article sheet where all the relevant information related to that item is listed. This includes details such as the materials used, the suppliers involved, production processes, certifications, and any other pertinent information. Having a complete article sheet guarantees that any department of the company will be able to access accurate and comprehensive information, fostering collaboration and transparency.
- Identification of areas for improvement. Thanks to the display of data through the PLM tool, you will be able to effortlessly identify which are the areas with the greatest potential for improvement within your supply chain. By analyzing the data collected, you will more easily recognize inefficiencies, reduce waste, optimize processes and continuously improve your business operations.
Efficient management of the product life cycle, from the sourcing of raw materials to the delivery of finished products, is essential to maintain a competitive advantage and ensure sustainability. By using a PLM tool like the one developed by BCome, your business will have the ability to make informed decisions based on data that reflects the reality of your value chain.
In an industry where transparency and sustainability are crucial, having a tool that offers visibility over your chain is essential. Beyond strengthening brand reputation and building trust with the end consumer, it’s also a powerful resource for simplifying compliance with sustainability regulations.
The launch of a PLM designed exclusively for the fashion industry will be a big step towards achieving greater transparency in textile supply chains. Do you want to know firsthand how your next PLM works? We show you in a live demo.