In a recent report by McKinsey and BoF called State of Fashion 2022, it stated that the industry is facing “a significant challenge with potential shortages of products and resources, as choked supply chains and rising shipping costs undermine operations.” various fashion brands have reported “struggles to manage inventory flows or tied lower sales forecasts to supply-chain blockages.”
So, how is the industry dealing with these problems, well they do it by digitalizing their business with Fashion PLM software. Here are some signs that your fashion brand needs a PLM
- You often find employees repeating the same task
- It takes a long time to find any piece of information
- Your lead times are long and unpredictable
- Your team is buried in compliance management paperwork
- You have no way to track real-time progress
For a more in-depth explanation, please read this article - https://www.worldfashionexchange.com/blog/problems-faced-by-fashion-companies-without-plm/
Submitted January 24, 2023 at 03:05AM by zarin_akhtar_2022 https://ift.tt/rwyn2i1
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