6 ways Cloud-based PLM is revolutionizing sustainability

Fashion

Trends & insights

Published on March 26, 2024

6 ways cloud-based PLM is revolutionizing sustainability in the fashion industry

In today's era, marked by heightened environmental awareness and corporate responsibility, sustainability has transformed from an abstract concept into an essential aspect of business operations for fashion companies.

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Both consumers and investors now prioritize transparency, ethical conduct, and eco-friendly products, compelling companies to seamlessly integrate sustainability into their fundamental strategies.

Modern Chief Information Officers (CIOs) face the traditional objectives of enhancing efficiency and profitability alongside a critical mandate: tackling sustainability challenges amidst digital transformation.

Navigating sustainability challenges with cloud-based PLM

01. SUPPLY CHAIN TRANSPARENCY

Cloud-based PLM provides real-time visibility into the supply chain, helping companies track and ensure ethical and sustainable practices at every stage.

Transparency is increasingly important to consumers who want to know the origin and environmental impact of the products they buy.

02. SUSTAINABLE MATERIAL SOURCING

With a cloud-based PLM, fashion companies can track the source of materials and the environmental impact of the product.

This helps in selecting sustainable and eco-friendly materials.

03. REDUCED WASTE AND OVERPRODUCTION

Cloud-based PLM enables a digital workflow throughout the collection development process, incorporating digital mood boards, tech packs, and digital prototyping reducing the need for physical samples.

This minimizes material waste and overproduction, as only approved designs go into physical production.

04. COLLABORATION AND COMMUNICATION

Cloud-based PLM promotes collaboration among cross-functional teams, allowing designers, suppliers, manufacturers, and sustainability experts to work together to ensure ethical and sustainable practices, improving transparency and accountability in the supply chain.

05. REGULATORY COMPLIANCE

Cloud-based PLM can help fashion companies stay compliant with evolving sustainability regulations and standards.

It can extend to communication with consumers to help brands promote their ecofriendly practices.

06. COST SAVINGS AND RESOURCE OPTIMIZATION

By streamlining product development processes, optimizing operations, reducing waste, and improving resource management, cloud-based PLM can lead to cost savings, which can be reinvested in sustainability initiatives.