When growing, small companies can face many challenges that add complexity to their organization: expanding geographies, new products and size ranges, season overlap, miscommunication… Our cloud-based PLM solution, can support the growth of small apparel businesses, by streamlining efficiencies and improving information sharing in a more friendly and easy-to-use way.
Discover our panelist’s best practices below.
Beta Tavlan has 19 years of experience at leading sports companies including Nike and Icebreaker. Beta has been in the trenches both on the PLM and the business side and will explain how forward thinking about the product development process can help put a foundation for future growth in place.
Joey Fallon, COO at Sunday Afternoons, sun protection outfitter, is living the challenge now as the company positions for future growth.
1/ Taking time to understand
“In the apparel industry’s changing environment, with the amount of data bombarded to the end consumer and international competition increasing, small companies have to understand their market and their consumers; they must be vigilant about their expectations,” says Fallon.
2/ Plan growth strategically
“Growth can be immediate and can catch small companies by surprise, says Talvan. You need to focus on your products and processes to differentiate yourself from other companies. Think a few steps ahead of the direction you want to take, listen and understand your customers, and define your strategy,” explains Talvan.
3/ Initiate the conversation for a PLM system
As Talvan mentions, companies looking for a PLM must adopt a holistic approach. “Centric teams listened and adapted to our consumer needs. The team was willing to work with an “out of the box” solution which showed its ability to grow and adapt as we did. Centric’s Agile Deployment and ultra-fast implementation were also key differentiators,” adds Fallon.
4/ Connect and establish relationships with individuals in the industry
When growing, it is important to improve visibility and increase internal and external collaboration. “With PLM, you only have one single version of the truth. Everyone uses the same data and knows where it comes from,” says Fallon. Centralized product information combined with easily configured dashboards and reports means better, faster product decisions, launches and results.
5/ Identify strengths, weaknesses, and bottlenecks within the organization
Talvan and Fallon both agree: before using a PLM system, they were living in spreadsheets which led to errors, redundancies and miscommunication. With a unique and intuitive cloud-based PLM system, Centric Cloud helps small businesses reduce costs while improving time to market, quality and creativity.
6/ Make strategic decisions and think long-term
Centric Cloud PLM is tailored for small businesses and is designed to give the same core functionality and mobility innovations as that what is accessible to larger companies. Set the foundation for future growth and increase productivity with Centric Cloud. “Being cloud based makes it really appealing for small businesses, especially in terms of resources and cost,” concludes Fallon.