PTC FlexPLM to Strengthen SPG’s Licensed Product Operations

PTC reports that SPG Company, company in licensed product design, development, manufacturing, and distribution, has selected PTC’s FlexPLM retail product lifecycle management (PLM) solution to modernize and support its end-to-end product lifecycle operations.

With FlexPLM, SPG will replace its legacy PLM system with a scalable, cloud-based platform designed to support faster development cycles.

SPG Company develops licensed apparel and consumer products for manufacturers and product companies, managing early design and development through manufacturing and nationwide retail distribution. As SPG’s portfolio and customer base expanded, the company required a scalable, enterprise-grade PLM platform.

Over time, SPG’s legacy PLM system became increasingly complex and heavily customized, according to PTC. The company experienced slow system response, inconsistent data, and workflow bottlenecks that impacted downstream teams and extended development timelines, PTC shares. By moving to FlexPLM, SPG aims to improve data accuracy, enhance cross-functional collaboration, streamline workflows, and accelerate product development cycles, the company reports.

“At SPG, we needed a PLM solution that could truly support our designers and product developers, enabling them to work faster, more accurately, and with greater efficiency,” says Joe Boud, chief operating officer at SPG Company. “FlexPLM not only delivers the performance and functionality we were missing, but also gives us a trusted partner in PTC, one we know will help us scale and grow our business.”

“SPG knew they needed a PLM platform that could better support how their teams work day to day,” says Kyle Marden, general manager of PTC’s Retail Business Unit. “Their decision to invest in FlexPLM reflects our ability to meet the needs of fast-moving, dynamic product organizations, and we’re proud to work with SPG as they enter the next phase of their operations.”

To learn more about FlexPLM, visit: https://www.ptc.com/en/industries/retail 

Sources: Press materials received from the company and additional information gleaned from the company’s website.