C&A Selects PTC FlexPLM and Cloud Services to Shorten Lead Times and Reduce Costs in Global Product Development
PTC subscription solution for retail wins in-depth vendor evaluation
FARNBOROUGH, UK. – April 27, 2016 – PTC (Nasdaq: PTC) today announced that C&A Europe, a leading fashion retail business, has selected the PTC FlexPLM® retail PLM solution to manage the development of its fashion products and provide a single source of information for merchandisers, designers, developers, buyers and external production teams, supporting profitability and future growth plans.
C&A is a leading fashion retailer with over 1,575 stores across Europe and operations in Brazil, Mexico and China. Headquartered in Vilvoorde, Belgium, and Düsseldorf, Germany, C&A prides itself on providing good quality fashion at affordable prices for the entire family.
With globally dispersed design and production sites and a need to increase operational and inventory efficiency, C&A needed a PLM solution specific to retail. After an in-depth evaluation, the company selected PTC FlexPLM, citing PTC’s vast experience and success in large retail and fashion projects as decisive factors. By improving collaboration and increasing the visibility of all product-related information across its global organization and the supply chain, C&A expects to shorten lead times and reduce development costs.
PTC FlexPLM will provide C&A with an adaptable enterprise platform to support product development operations. This will enable the company to improve sample tracking and also accelerate the first sample loop. Eliminating previous legacy systems, including Excel spreadsheets and email, will improve data quality and allow for better order quality with suppliers. Further expected benefits include time efficiencies gained by disposing of the need to correct information and manually re-enter data.
C&A will use PTC’s Cloud Services offering to manage and host the solution. This will enable faster time to value, reduced risk and strain on internal IT teams, a level of guaranteed system performance reliability and lower cost of ownership.
“We chose PTC’s FlexPLM solution for its ease of use and broad set of capabilities, including its strong workflow support and the ability to get started quickly,” said Andreas Reidick, Head of Function Buying Services and Operations Department (BSOD), C&A. “The PTC Value Roadmap tool helped us clearly identify the link between improvements in our product development processes and our corporate objectives. FlexPLM provides a world-class collaborative platform between our internal teams and our external partners, which we expect will lead to a significant increase in company productivity and profitability.”
“PTC FlexPLM reconciles engineering data and processes with retail-related data and processes, creating special value for this unique industry,” said Eric Symon, General Manager, Retail Business Unit, PTC. “We are very pleased that C&A has chosen our solution to help shape its future.”
The deployment coincides with the recent announcement by IDC, the premier global market intelligence firm, who has named PTC a Retail PLM leader in its 2016 research report “IDC MarketScape: Worldwide Retail Brand Product Innovation and PLM 2016 Vendor Assessment.” In the report, IDC states the PTC FlexPLM solution helps retailers and brand owners simplify the complex challenges of bringing products to market – with robust solution functionality, workflow automation, visibility, and connectivity across consumers, products, stores, designers and supply chains.
PTC’s FlexPLM for Retail, Fashion, Footwear, Apparel and Consumer Products transforms global retail brands with tailored solutions that help teams create and collaborate more easily, streamline supply chains, and deliver more inspired products to market, faster and more efficiently. Powered by world class technology, PTC’s FlexPLM makes it simple and easy for teams around the world to work smarter and act faster, improving revenue, reducing costs, and delivering on-trend and on-point products to market with ease.
- PTC Retail PLM Resource Page
- PTC FlexPLM Software Capabilities
- 2016 IDC MarketScape: Worldwide Retail Brand Product Innovation and PLM 2016 Vendor Assessment; PTC Named Leader in Retail PLM
- LiveWorx 2016 – Experience the Retail Journey and Next-Gen PLM capabilities at the premier IoT event for business. June 6-9, 2016
The announcement of a customer’s selection, implementation, deployment or adoption of PTC software is not necessarily indicative of the timing or amount of revenue from such engagement or of the Company’s overall revenue for any particular period.
About C&A Europe
With over 1,575 stores in 20 European countries and more than 35,000 employees, C&A Europe is one of the leading fashion retail businesses in Europe. C&A Europe welcomes and provides more than two million visitors per day with good quality fashion at affordable prices for the entire family. In addition to its European stores, C&A also has a presence in Brazil, Mexico and China. For more information, see www.canda.com
PTC (NASDAQ: PTC) is a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things (IoT). The company’s next-generation ThingWorx® technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company’s field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC’s award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.
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