Marks & Spencer selects PTC® Retail PLM Solution to Enable Best-in-Class Product Development
PTC Windchill® FlexPLM®supports M&S GM4 programme
Farnborough, UK – June 12, 2014 – PTC today announced that Marks & Spencer plc, the United Kingdom’s leading retailer of quality clothing, food and home products, will implement the PTC Retail PLM Solution, PTC Windchill® FlexPLM®, to manage product development for its general merchandise business across the enterprise.
As a global brand with more than 1,000 stores in over 40 countries, Marks & Spencer has been trusted by customers to offer high-quality products at a great value for more than 130 years. The retailer recently unveiled plans for further international expansion with a focus on opening 250 new stores, growing its food business, and increasing its franchise operations.
As previously announced, Marks & Spencer is engaged in its GM4 Programme, a four-year systems transformation process within its general merchandise business. As part of this programme, Marks & Spencer will use the PTC solution to fulfil its enterprise PLM requirements.
“The retail industry is undergoing a major transformation, which is underscored by the need to improve operational efficiencies,” said Paul Byfleet, Director – EMEA Retail, Apparel, Footwear and Consumer,PTC. “Marks & Spencer has recognised the need for transforming its PLM system and the value this will bring to the future growth, profitability and operations of the business.”
About Marks & Spencer
Founded in 1884, M&S has grown from a single market stall to an international, multi-channel retailer. Selling stylish, high quality, great value clothing and home products, as well as outstanding quality food, responsibly sourced from around 3,000 suppliers globally.
PTC (NASDAQ: PTC) enables manufacturers to achieve sustained product and service advantage. PTC’s technology solutions help customers transform the way they create, operate and service products for a smart, connected, world. Founded in 1985, PTC employs approximately 6,000 professionals serving more than 28,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Get more information at www.PTC.com.