New Apps Further Enhance PTC’s FlexPLM® Retail Product Lifecycle Management Software
Tech Pack Access App Provides Quick Access to Product Data, Improving Collaboration with Suppliers
NEEDHAM, Mass. – August 23, 2016 –– PTC (NASDAQ: PTC) today announced the availability of Tech Pack Access App, its first role-based app for FlexPLM 11, the latest version of its product lifecycle management (PLM) solution for retail, fashion, footwear, apparel, and consumer products.
Role-based apps improve the user experience by getting the right product data and on-point features to more stakeholders—faster, easier, and in context with the work they do every day. The first of several planned app releases, Tech Pack Access provides vendors with access to product specification data, such as bill of materials, measurements, construction details, and imagery. Finished goods manufacturers can quickly view critical product data without delay, enabling better accuracy, collaboration, and efficiency during product sampling and production. Generation capabilities allow users to maintain product integrity and reduce costly errors.
“With Tech Pack Access, we’re seeing the continued evolution and maturation of FlexPLM 11 to allow retailers to rethink the way they develop products and work with suppliers,” said Quach Hai, senior director, retail product management, PTC. “For example, this app makes it possible for a vendor to easily retrieve the latest construction details for a garment without even having to leave the shop floor. FlexPLM 11 provides product development and sourcing departments access to the same, updated information, allowing them to work in parallel and reduce the overall time to-market.”
FlexPLM 11 and its role-based apps are integral components of PTC’s retail journey, a roadmap for organizations to achieve a season-less, personalized, and transparent future. The retail journey entails three steps:
- Understand – Analyze data to make better planning, design, and sourcing decisions
- Advance – Create superior offerings through trend analysis and vendor-driven product development
- Outperform – Maximize value and competitiveness through season-less product lines, personalized products, and transparent supply chains
Tech Pack Access is the first app enabled by PTC ThingWorx® technology. Leveraging the power of the Internet of Things (IoT), Tech Pack information can also be linked to other sources of information. For example, material data in the specs can be connected to availability and pricing of mill vendors.
Additional role-based apps are planned to be released throughout the coming year.
- PTC FlexPLM 11 Resource Page
- PTC FlexPLM 11 (press release)
- PTC Retail PLM Software Solution Page (website)
- On the Runway: Retail Apparel Software Blog
- Harvard Business Review: “How Smart, Connected Products are Transforming Companies,” authors PTC CEO Jim Heppelmann and Harvard Professor Michael Porter
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.
PTC, the PTC logo, FlexPLM, and ThingWorx are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.