Presentation on theme: "Global trading systems, inc. Webinar Line Planning Design Sampling Commercialization."— Presentation transcript:
global trading systems, inc. Webinar Line Planning Design Sampling Commercialization
global trading systems, inc.
Background Incorporated in 1995 Offices in USA and Asia Who we serve Footwear Headwear Apparel Software Applications SoftShoe and SoftShoeStyle HeadsUp Texelerate
global trading systems, inc. Specialization PLM Applications Consumer Goods Industries Highlights GTS incorporated. - SoftShoe announced for Oracle and MSSQL British Shoe completes implementation in Taiwan and UK First US customers signed and go live in US, Taiwan and China K-Swiss licenses SoftShoe for use worldwide New modules for Line Manager and Materials Management delivered American Pacific goes live in Ohio, California and Shanghai Conversion to Internet (IP) version completed for all releases LaCrosse/Danner license SoftShoe LaCrosse/Danner license apparel version of SoftShoe - Corporate agreement with gCap to assist in marketing and licensing technology to headwear companies Material Management upgraded to include testing, sampling and adoption SoftShoeStyle launched - HeadsUp launched
global trading systems, inc. The world market for Hats, Caps, and Millinery is projected to reach $6.3 billion by the year Europe and the United States dominate with Asia as the emerging market. Global hat and cap sales amount to over 300 million units every year. What’s fueling this growth? Surging demand from emerging markets, novel fashion and product attributes. Increasing demand for retro styled hats and premium, high-priced caps. China is the major production country for headwear.
global trading systems, inc. PLM stands for Product Lifecycle Management (PLM) One leader in the field, John Stark, define it this way (Wikipedia): "PLM is the business activity of managing a company's products all the way across their lifecycles, from the very first idea for a product all the way through until it is retired and disposed of, in the most effective way. PLM is the activity of managing a product throughout its lifecycle - 'from cradle to grave' - making sure that everything works well with the product and making sure the product makes good money for the company. The objectives of PLM are to increase product revenues, reduce product-related costs, and maximize the value of the product portfolio." What is the purpose of a PLM application? The goal is to improve your business. On the front-end of the PLM process, a solution should: Reduce the cost of bringing a product to Market Decrease the time it takes to bring a product to Market Increase margin by decreasing costs and improving communication
global trading systems, inc. Why a Product Lifecycle Management (PLM) System? Real-time environment that supports global stakeholder collaboration from product conception to end-of-life disposal. Provides a single “version of the truth” with a repository of design revision and design to disposal historical information Brings products and related processes under tighter control.
global trading systems, inc. Source Financial Impact: Top 3 Causes of Lost Profitability 1.Time to market 1.Late changes to product requirements 2.Poor program management 3.Collaboration/partner performance issues 2.Product requirements/quality 1.Incorrect definition of initial product requirements and incorrect translation at lower level 2.Missing requirements 3.Unplanned requirements after design and development phases 3.Product cost problems 4.Products launched above original target costs 5.Poor reuse of product components/materials. 6.Negative impact on product costs. PLM Benchmarking Study PRTM Management Consultants
global trading systems, inc. Source Financial Impact: Summary Industry experts including Aberdeen, PRTM Management, CIMdata
global trading systems, inc. Financial Impact: Link between PLM Process Maturity & Profitability Source PLM Benchmarking Study PRTM Management Consultants
global trading systems, inc. Summary Conclusion: Heads Up! can help you meet the challenges of the headwear industry. KEY TRENDS Headwear Industry is growing Higher SKU Count Rapid fashion changes KEY CHALLENGES Staying on top of new products Information accuracy and timeliness Document & image control Management visibility into progress and financial viability Collaboration with remote staff or independent designers Duplication of information KEY RAMIFICATIONS Failure to launch product on time Failure to deliver on time Failure to deliver the right product
global trading systems, inc. Summary Conclusion: Heads Up! can help you meet the challenges of the headwear industry.
global trading systems, inc. Overview Line Planning Design Sampling Commercialization
global trading systems, inc. First, a tech moment: Inter-enabled with a thin client. This means you can download it from the web site and run in anywhere. The ‘client’ is like Skype, or a music player that runs on your PC and connects to a server for information The PC will need to be a Windows-based PC or a MAC running a Windows virtual machine. The database is stored on our servers, but it can be installed on a server in your office or at any other location So, HeadsUp is licensed as a subscription basis. It takes less than 10 minutes to install. Then you will need to configure a few things like your customers and vendors, and the layout of the Spec print but then you are good to go.
global trading systems, inc. Features Line Folders: Create them any way you wish whether it is collection, season, year or by customer, season, year. A built-in Line Calendar keeps your development on time. With Heads Up!, you get a more focused look at a particular season in the calendar year. It will be highlighted by a “theme” with a model plan lined up against it. The product creation or design theme will be used as a filter to focus your efforts. Conclusion SCENE
global trading systems, inc. Features Design/Product Plans: Capture marketing details, trends, storyboards, colors, initial construction details and financial objectives. Plan allows you to hone in on a specific opportunity, trend, consumer, region, potentials sales and your target price points. Conclusion
global trading systems, inc. Features Style: Spec out the Style and capture style IDs, components, materials, color ways, callouts, suppliers, measurement type and any notes you wish to add about a component. A number of Libraries are available for quick selection. Heads Up! gives you the ability to create and revise Style specs eliminating the need to manipulate spreadsheets. There is complete version control ensuring the latest version is online. There is also an Audit Log to see what user changed what and when. Conclusion
global trading systems, inc. Features Style: Depending on your business, you can capture visuals of anything from sketches to illustrator files of the Style,patterns, fabrics labels, logos and other new/important visuals. These visuals are part of the Style tech pack, which is critical to getting you accurate samples and making informed decisions. Conclusion
global trading systems, inc. Features Sample Requests: Generate requests (proto, confirm, rework, sales) into an to your supplier, then track receipt and distribution on- line. No more status s back and forth. Visibility is complete. Depending on your business, you can capture visuals of anything from sketches to illustrator files of the Style, fabrics and other new/critical specific components. Color and materials details are also captured, which is critical to getting you accurate samples and making informed decisions. Conclusion
global trading systems, inc. Features Financial Worksheet: Input costs and price points, then Heads Up! auto-calculates margin and against plan. Revise it at any time. Margin erosion will naturally occur unless you actively manage your markup percentages even before an order. Competitive price pressures: vendor price increases; and unanticipated component modifications or shifts in sales mix will lower margins. Conclusion
global trading systems, inc. Features Blog: Style-level thread lets you create a communicate at the style- level, with attachments rather than in various s. Capture graphics, photos, spreadsheets, line drawings, CAD/CAM files, anything in the BLOG and store it in context, instead of an thread. Conclusion
global trading systems, inc. Features Status and Adoption: Track Sample Status Mark Samples as approved. Status and Adoption: Track Sample Status Mark Samples as approved. Calendars and event planning and tracking tools are essential to ensuring complete collaboration and on-time development of your headwear Conclusion
global trading systems, inc. Features Business Intelligence: On the fly reporting. Build reports Preview Export to Excel - Financial - Statistics - Status - Timeliness Business Intelligence: On the fly reporting. Build reports Preview Export to Excel - Financial - Statistics - Status - Timeliness Essential to ensuring on-time development of your headwear Conclusion
global trading systems, inc. Thank you Line Planning Design Sampling Commercialization