PTC Partners with SPG Company to Boost Product Licensing with Cloud-Based FlexPLM Solution
PTC, headquartered in Massachusetts, USA, has recently made a significant announcement regarding its collaboration with SPG Company. SPG, a leader in global licensing products, has adopted PTC's FlexPLM solution aimed at revolutionizing product lifecycle management in the retail sector. The transition from a legacy PLM system to FlexPLM marks a strategic move for SPG to enhance its product development cycle speed and maintain consistency in product data across various stages of product design, development, manufacturing, and distribution.
SPG Company operates as an independent full-service entity, specializing in the design, development, manufacturing, and distribution of licensed consumer products, including apparel for renowned brands. As the company's business portfolio and customer base have expanded, the need for a scalable enterprise-grade PLM platform has become increasingly vital. SPG's previous PLM system, having been in use for many years, had grown overly complex and heavily customized. Consequently, it posed several challenges, including performance issues, data inconsistencies, and bottlenecks in workflows, ultimately impacting downstream processes and development schedules.
The migration to FlexPLM aims to address these issues effectively. With this cloud-based solution, SPG is focusing on improving data accuracy, strengthening cross-departmental collaboration, and streamlining workflows to foster an environment conducive to rapid and cooperative product development. Joe Boud, COO of SPG Company, reflected on this transition, stating, "We needed a PLM solution that allows our designers and product developers to operate more quickly, accurately, and efficiently. FlexPLM not only provides the performance and functionality we were looking for but also gives us confidence in partnering with PTC, a trusted organization that supports our business expansion and growth."
Kyle Marden, General Manager of PTC's Retail Business Unit, also commented on the partnership: "SPG Company needed a PLM platform that aligns more closely with their daily operations. The adoption of FlexPLM is a testament to PTC's commitment to meeting the needs of product organizations seeking speed and flexibility. We are honored to support SPG Company as they embark on their next growth phase."
PTC's offerings, including FlexPLM, are part of a larger vision to achieve what they call 'Intelligent Product Lifecycle. This vision allows companies to establish a product data foundation and extend the value of that data throughout the organization. Companies like SPG can accelerate AI-driven transformations across their operations through the extensive use of product data. This comprehensive data utilization enhances speed to market, allows for higher quality product development, and aids in managing product complexity and regulatory compliance, among other advantages.
To discover more about FlexPLM and its capabilities, visit PTC's official website: FlexPLM Overview.
About SPG Company:
SPG Company is an independent full-service firm specializing in the design, development, manufacturing, and distribution of licensed products from globally recognized brands. For further details, check out spgcompany.com.
About PTC:
PTC is a global software company helping manufacturers transform their product design, manufacturing, and service through digital solutions. Headquartered in Boston, Massachusetts, PTC employs more than 7,000 people and serves over 30,000 customers worldwide. More information can be found at www.ptc.com.
About PTC Japan:
PTC Japan, located in Shinjuku, Tokyo, focuses on providing advanced solutions such as Creo, Windchill, Codebeamer, and ServiceMax. These tools facilitate the digital transformation of manufacturers by creating a digital thread that spans the entire product lifecycle, from design to disposal. Founded in March 1992, PTC Japan has four business locations across the country. For more details, visit PTC Japan.
Stay connected with PTC on social media:
Please note that PTC's name, logo, FlexPLM, and all PTC products are trademarks or registered trademarks of PTC Inc. Other company names and product names mentioned are trademarks or registered trademarks of their respective owners.
SPG Company operates as an independent full-service entity, specializing in the design, development, manufacturing, and distribution of licensed consumer products, including apparel for renowned brands. As the company's business portfolio and customer base have expanded, the need for a scalable enterprise-grade PLM platform has become increasingly vital. SPG's previous PLM system, having been in use for many years, had grown overly complex and heavily customized. Consequently, it posed several challenges, including performance issues, data inconsistencies, and bottlenecks in workflows, ultimately impacting downstream processes and development schedules.
The migration to FlexPLM aims to address these issues effectively. With this cloud-based solution, SPG is focusing on improving data accuracy, strengthening cross-departmental collaboration, and streamlining workflows to foster an environment conducive to rapid and cooperative product development. Joe Boud, COO of SPG Company, reflected on this transition, stating, "We needed a PLM solution that allows our designers and product developers to operate more quickly, accurately, and efficiently. FlexPLM not only provides the performance and functionality we were looking for but also gives us confidence in partnering with PTC, a trusted organization that supports our business expansion and growth."
Kyle Marden, General Manager of PTC's Retail Business Unit, also commented on the partnership: "SPG Company needed a PLM platform that aligns more closely with their daily operations. The adoption of FlexPLM is a testament to PTC's commitment to meeting the needs of product organizations seeking speed and flexibility. We are honored to support SPG Company as they embark on their next growth phase."
PTC's offerings, including FlexPLM, are part of a larger vision to achieve what they call 'Intelligent Product Lifecycle. This vision allows companies to establish a product data foundation and extend the value of that data throughout the organization. Companies like SPG can accelerate AI-driven transformations across their operations through the extensive use of product data. This comprehensive data utilization enhances speed to market, allows for higher quality product development, and aids in managing product complexity and regulatory compliance, among other advantages.
To discover more about FlexPLM and its capabilities, visit PTC's official website: FlexPLM Overview.
About SPG Company:
SPG Company is an independent full-service firm specializing in the design, development, manufacturing, and distribution of licensed products from globally recognized brands. For further details, check out spgcompany.com.
About PTC:
PTC is a global software company helping manufacturers transform their product design, manufacturing, and service through digital solutions. Headquartered in Boston, Massachusetts, PTC employs more than 7,000 people and serves over 30,000 customers worldwide. More information can be found at www.ptc.com.
About PTC Japan:
PTC Japan, located in Shinjuku, Tokyo, focuses on providing advanced solutions such as Creo, Windchill, Codebeamer, and ServiceMax. These tools facilitate the digital transformation of manufacturers by creating a digital thread that spans the entire product lifecycle, from design to disposal. Founded in March 1992, PTC Japan has four business locations across the country. For more details, visit PTC Japan.
Stay connected with PTC on social media:
- - X: PTC Japan
- - YouTube: PTC Studio
- - LinkedIn: PTC
- - Facebook: PTC Inc. and PTC Japan.
Please note that PTC's name, logo, FlexPLM, and all PTC products are trademarks or registered trademarks of PTC Inc. Other company names and product names mentioned are trademarks or registered trademarks of their respective owners.
Topics Business Technology）
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