Apr 7, 2021
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If we’ve learned anything over the last year, it’s that technology holds the power in retail, fashion and consumer goods industries. When the world came to a halt, digital platforms enabled companies to work remotely, collaborate with teams around the world, get closer to customers and speed time to market. And companies that didn’t have a technological foundation in place found themselves struggling with the old ways of working and doing business.
Product Lifecycle Management (PLM) – a Lifeline in Challenging Times
Companies that survived and thrived during the pandemic understood digital transformation wasn’t just a luxury; it was a critical necessity. Software like Product Lifecycle Management (PLM) emerged as the go-to resource for building operational resiliency, streamlining processes, and mitigating risk along the supply chain. And the platform’s centralized, cloud-based ecosystem allowed those select brands and retailers to drive efficient
Apr 6, 2021
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Over the last 13 months, consumer goods companies across the globe have experienced dramatic change in response to supply chain disruption and pandemic-related upheaval. Ready or not, businesses pivoted toward alternative revenue streams, distribution channels and operational strategies in order to keep the lights on. Consumers were equally affected, adapting to the ways of the new normal.
Also in 2020, employees transitioned to “work from home” status for the first time, making Zoom meetings a part of the everyday routine. By December of that year, nearly 350M users participated daily. For perspective, that’s 340M more users than the year before. Similarly, there was a surge in the use of Microsoft Teams. In October of 2020, at least 115M users were active on the platform, as opposed to July of 2019, when there were only 13M. Everything from planning sessions to fit reviews had to be done virtually, and companies without a solid digital foundation sc