The global Retail industry is set to grow to US$23 trillion by the end of the year 2015. By the year 2018, the astronomical figures that are expected to be achieved are pegged at US$28 trillion. With the retail industry growing at a steady pace of over 5% annually, both with the traditional brick-and-mortar stores as well as e-commerce ones, it is a foregone conclusion that the number of retailers entering the retail space is also set to grow simultaneously.
Delivering Brand Promise through Quick PLM Solutions
Abstract
What you get from this white paper
The global Retail industry is set to grow to US$23 trillion by the end of the year 2015. By the year 2018, the astronomical figures that are expected to be achieved are pegged at US$28 trillion (Retail Sales Worldwide, 2014).
In this whitepaper, we explores how PLM can help retailers to build faster ti me-to-value and accelerate their design ratios. Several retailers have felt as much as a 50% improvement in their design hit ratios and 45% increase in their time to market.
- More innovation
- Faster scalability of processes and
- Faster deployment of tools, analytics, etc.